Give Up Your Attachment to Possessions Without Giving Them Up
Don’t give up the dream of owning a super luxury boat, a helicopter or a mansion on the beach. If your head is tired of endless calculations of numbers with lots of zeroes, you may be on the wrong path. The new trend in the luxury market is fractional ownership in which you purchase a portion of something expensive and share the use with other partners like yourself.
To spend the summer in front of the sea on gorgeous beaches no longer needs to be limited to a honey moon or well earned vacations when you take advantage of all the benefits offered by luxury hotels in an attempt to make the most of your spending. If you are good at giving up attachments, you will love sharing luxuries. At the beach in Itacaré, Bahia, the first houses under a fractional system are being built. It works like this: a group of houses are built in a special location and each one is sold in equal parts.
The estimated value is R$ 155 thousand reals to purchase half a house, receiving a deed for your portion of the property and the right to use it for one month a year. Special dates such as New Years are established through a rotation among the partners. If you want to spend a few days on the beach and the others skiing in the mountains, just switch your stay with another person who is part of the system. Dates set in advance, in a data base on a network, display the availability of the affiliated luxury properties.
The sales can be made on the sites for the fractioned system. This is a good deal for those who want a small investment and a fast acquisition. All of the costs are shared among the owners, leaving the total expenses much more accessible and maintaining the quality and maintenance of the property.
Timesharing is another concept new to Brazil, but which is occupying growing space in the world. You pay for the right to use high level products, at prices compatible with a middle class reality. Here in Brazil, the best known examples operate at hotels as follows: the client purchases a package of weeks that they want to use for 10 to 20 years, depending on the plan. Planning creates an opportunity to have access to luxury products. Although in this option you do not get a deed to the property as in the fractional system, you purchase shares for use for a certain time period.
If you are interested in flying, then get some information about the fractional system that has become a big success and purchase a helicopter with other partners. The difficulty of life in big cities like São Paulo can heat up this market: no more getting stuck in traffic. In addition to the convenience, a partnership is a great way to avoid that the vehicles remain unused, despite high monthly costs, and you have much less worries with maintenance and finding pilots. In the partnership, you pay about US$65 thousand and a maintenance fee of about US$5,000, paying for each hour of flight which costs about R$700. Ten partners can share a helicopter, and you won’t have to pay about US$670 thousand and monthly maintenance of about R$24.000 in addition to the usage costs.
With very high costs and high annual depreciation, yachts are also greatly sought luxury items. But the cost of maintaining a boat and all its parts, motor, crew and captain is very expensive. Once again the fractional system can make a dream come true, considerably reduce the cost and provide the advantage of being able to use your own totally licensed yacht with no hassles. The expenses are shared among the partners and allow the chance of enjoying the thrill of the possession and perhaps one day investing in a larger one.
Some specialists in the luxury market say that it is a fad that will soon pass, alleging that the consumption of luxury is a proof of possession and individuality, which is not possible in the fractional system. After all, houses need to be decorated in a way that pleases all the partners. And all the partners must agree to the same model boat or plane. But we maintain that its a great opportunity to purchase luxury goods that would be a remote and distant possibility in the current national economy. If you like the idea, look for one of the companies in the fractional system and get into the luxury market with a free pass!
Sources:
http://www.fractionallife.com
http://www.estadao.com.br
Revista Elle
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