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Frequently Asked Questions
What is fractional ownership?
Own a deeded share of a luxury property (e.g., 1/4 ownership) with exclusive usage time each year.
✅ Real ownership
✅ Shared annual costs
✅ Professional management
How is it different from a timeshare?
Fractional Ownership
- You legally own part of the property
- Flexible use and potential value growth
- Can sell or pass on your share
Timeshare
- You only buy usage rights for set weeks
- No real ownership
- Limited resale value
Why choose Oceans 11 Platinum?
- Real Ownership – sell, mortgage, or bequeath your share
- Luxury Properties – prime locations and premium finishes
- Flexible Scheduling – plan usage with co-owners
- Shared Costs – lower expenses for high-end living
Are the properties fully furnished?
Yes. All homes are beautifully designed, fully equipped, and ready for you to enjoy from day one.
What does the property management company do?
- Cleaning & linen service
- Maintenance & repairs
- Insurance & utilities
- Annual budgeting & expense tracking
What if there is damage?
Any damage beyond normal wear is billed to the responsible owner.
Regular inspections keep the property in perfect shape.
Can I sell my share?
Yes. You can sell your fraction anytime. Co-owners have first refusal, then we help you find a buyer.
What happens if an owner doesn’t pay?
Access is suspended, and their share can be rented out to cover costs.
What extra costs are involved?
- Legal fees for purchase
- Stamp Duty (if buying through a UK company)
- Annual running costs (shared by all owners)
Is this suitable for non-EEC buyers?
Absolutely. Fractional ownership is ideal for:
- Bypassing 90-day stay limits
- Avoiding visa complexity
- Owning a vacation home affordably