Here at Ocean Reef Real Estate we receive many inquiries about fractional ownership opportunities located at the Emerald Grande in Destin and Inspiration at Sandestin. This is a relatively new kind of real estate that was introduced to the Emerald Coast in recent years and many may not be familiar with type of purchase. Here are some key notes that will help you decided if Fractional Ownership in Destin is right for you.
Fractional Ownership allows parties who are usually unrelated to have a partial ownership and mitigated responsibility in a high-value tangible asset, which is most often resort real estate property. Fractional ownership endeavors include management administration, maintenance fees and certain rules documented in purchase…
