CORDOBA.- The third company in the country dedicated to commercialize fractional vacation properties was born in Córdoba and it differs from its predecessors in that it has international projection; in September he disembarked in Mexico. Although in Argentina it is an underdeveloped model, in the United States it is already mature and is making strong progress in Brazil and Mexico.
Fractional Class already sells by fractions vacation units of hotel ventures premium in the Calamuchita valley and in a few weeks it will add more units in other parts of the Córdoba mountains, the Argentine coast and Patagonia. In Mexico, it operates in the Riviera Maya. For next year, in addition to landing in new markets, it foresees the incorporation of Blockchain technology and tokenization of hotel units, completed or under construction, for use or rent.
The idea of the company is the marriage of Alejandro Carrizo and Inés Simone, who have been designing the project for about five years. The model It is not comparable to a timeshare because you do not buy time, but a fraction of total property for life, with deed. The owner can give it the end he wants.
The initial investment, for a studio apartment in the mountains, within a category hotel, ronda between US $ 10,500 and US $ 11,000 -depends on the equipment you have- and, if it is rented every week, the cost effectiveness triples to a traditional real estate investment.
The buyer can buy up to one twelfth of a property, with the right to use it four weeks a year (one per season); The division is subject to availability to exchange two of those weeks or more anywhere in the world, since when entering the system, automatically add two vacation exchange companies -RCI and Interval- which have 6000 places in 110 countries.
The business model is development End-to-end of the fractional ownership business. From the consultancy, the legal-notarial analysis of the property titles; the development of the business plan, the communicational conceptualization of the project, up to the commercialization, with its own team, of the fractioned units.
“The initiative seeks to satisfy the demand of two key players: on the one hand, the final owner, who accesses and enjoys a fraction of a high-level property, located in a privileged location and with a high valuation, for less than a tenth part of the full value of that unit ”, says Carrizo and emphasizes that “Optimizes investment with actual use” that is given to space.
For example, the owner of a country house uses it on average, between 28 and 35 days a year, with a “high capital immobilization” and a significant cost of maintenance: “The purchase of a fractional property is relatively low, the same as the arrangements or taxes since they are distributed among all the owners ”.
On the other hand, it helps a hotel entrepreneur to “make the most of his marginalization” or the vacancy rate that most establishments have.
The system has four alternatives for use or investment: vacation; the “rental” (intended for the micro investor); the “blend” (allows a minimum of tadalafil suomi eight weeks a year for life, four for use or exchange and four that provide a passive income) and the “realty investment” (acquire fractions of a pre-construction project, at a competitive value and, at the end of the project, receive the capital contribution, in addition to a royalty proportional to the investment).