Shared ownership homes

How many times have you watched those documentaries about dream houses and wondered when you will have your own villa? Well, the time has come thanks to VIVLA. We are a pioneer model in the sale of fractional properties.

Imagine that you see a house that you like and you are given the possibility of acquiring only a portion of it at a more than attractive price. We're sure that if you had the availability, you would take advantage of it — and today we will talk about all that this opportunity represents for you.

On the Internet you will find this instrument under different names, but today we will clear up all your doubts. Would you like to take a look at it?

Yes, many banks grant mortgages for the fractional ownership mechanism, something that has come as a ringing endorsement for thousands of people who cannot buy a complete house. In this sense, the other owners will have to accept the terms of the credit, but they are not obliged to be holders of the loan, so they will not respond in their name at any time.

However, if a situation of non-payment arises and the bank is forced to foreclose, each party will have to respond with their share of the house. Therefore, before taking out a fractional ownership mortgage, it is essential to discuss it with the other owners, as you will put everyone in a commitment that will affect them equally in case there is a problem.

If you've read this far, you will surely think that fractional housing is an ideal option for buying your first home, but the truth is that it is a mechanism that offers both advantages and disadvantages. The fact that you only own a part of the property, and that to sell it you have to reach an agreement with the other owners, can be a headache in the medium term.

In this sense, fractional ownership at VIVLA is the truly flexible alternative you were looking for to own your home. We love the fact that you can buy unique villas and mansions in some of the most exclusive destinations in Spain, with the possibility of acquiring from one eighth of the house up to half a fraction of the property.

Each fraction gives the owners up to a maximum of 6 weeks per year for their total enjoyment — the opposite of the single week that the general timeshare concept offers. In addition to this, you have a list of services that VIVLA will make sure work 100% so that you have nothing to worry about while you are away from the property.

No matter what it is — cleaning the garden, filling the fridge or replacing a collapsed pipe — the company will do the necessary work to take this burden off your shoulders. In this way, it will be like having the membership of a 5-star hotel or resort, with the difference that you will get the intimacy that only a home is able to offer.

If you want to put your money to work while you enjoy the most exotic beaches in Spain, it is time to contact VIVLA once and for all. Discover now the new way of owning your home without the headaches that most homeowners have — because you will pay only for the part of the house you will use.