International Golf & Resort Management (IGRM) has been appointed by the Fractional Ownership Consultancy and their sales and marketing arm, The Fractional Group, to manage their exclusive property portfolio following its roll out in August.
Selected because of its knowledge and experience of the hospitality and golf industries, IGRM will work with The Fractional Group and the Fractional Ownership Consultancy – leaders in the fractional ownership marketplace – to manage an impressive portfolio of fractional golf properties with memberships attached.
Fractional ownership (shared freehold ownership in perpetuity) is a fast growing sector of the property market and is considered to be one of the most financially astute ways of purchasing overseas property. Already proven successful in the USA, the three companies intend to take fractional ownership to new heights by the delivery of exclusive golf resorts, hotel style concierge services, memberships and playing rights on some of the best golf courses on the Costa del Sol.
The first project to be released is at Alhaurin Golf – a golf and residential resort in the Sierra de Mijas Mountains only 30 minutes drive from Marbella and Malaga airport and where ownership of a fractional apartment starts at just 25,000 euros and includes playing rights at Alhaurin Golf and at the nearby courses of Cabopino and Calanova.
Alhaurin Golf boasts fabulous playing and practice amenities including a Seve Ballesteros designed golf course with impressive views over the Mijas Mountains and the Mediterranean Sea, a 9 hole par 3 course and an academy which is regarded as one of the best in Andalucia. Owners who purchase at Alhaurin Golf will be entitled to free golf during their allocated occupancy periods. Not only for golf enthusiasts, the resort is also ideal as a family holiday retreat with a 4 star hotel, swimming pools, gym, fitness centre and tennis club, all within the safe confines of the resort.
The 2 and 3 bedroom apartments, which overlook the 18 hole golf course, are delivered ready for occupation. They are complete with kitchen appliances and are tastefully decorated and fully furnished. Furthermore the stress of ownership will be removed as IGRM, whose capability lies in the operation of golf clubs and hotels, will manage the properties in entirety.
Led by CEO Michael Longshaw, a former senior executive at Forte Hotels and MD of Brocket Hall, an on site team will provide personal concierge services to take care of owners’ needs, from the booking of restaurants, tee times and excursions to airport pick up, car rental, maid service and the delivery of groceries.
IGRM will also handle the management and maintenance of the properties and the owners’ calendar and rental programmes – ensuring that the vacation experience is seamless and the pressures and responsibilities of owning a property are reassigned.
Of the appointment Michael Longshaw, who was recently featured in Raising the Roof in the New York Times as an expert on golf resorts, said, “We believe that we have created a winning model at Alhaurin Golf that should appeal to golfers looking for an affordable second home in the sun that they and their families can enjoy. We intend to offer golf properties for every calibre of golfer at a variety of price points. Anyone interested should visit www.thefractionalgroup.com especially as we will soon be unveiling the jewel in our crown – luxury apartments with memberships on one of the most celebrated championship courses on the Costa del Sol.”
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