Global Edition

New website takes golfers closer to dream properties

8.46am 16th October 2008 - Property

yours2share is a free website for private individuals to buy, sell or rent shares in valuable assets or create new syndicates. This enables people to see all the options in one place, and allows them to take control and create bespoke sharing arrangements. yours2share is totally independent. It does not itself sell any of the assets, finance or insurance, so it positions itself as offering an objective view of the industry.

Keen golfers often dream of owning the perfect villa within putting distance of the clubhouse of their favourite golf course, and sharing a property with other like-minded golfers can make sense. The new website enables people to find compatible partners.

According to online entrepreneur Sophie Garrett who set up the website, “Golfing properties work particularly well under fractional ownership. The length of the season in many countries such as Spain, Portugal or the USA means that there are plenty of people interested in using golfing properties outside the normal holiday periods.

“There are currently 30 ads relating to golfing properties on yours2share. Many people cannot justify buying a property outright when they will only use it a few times a year. In scenarios like this, joint ownership with like-minded golf enthusiasts makes perfect sense.”

Sophie continues, “There are two ways of sharing: joint or fractional ownership when two or more people own shares in a property and the use of the asset is split, usually on a time basis, and fractional rental, where the owner rents the property on a repeated basis to one or two others such as one week per month, eight weeks a year, etc”.

Opportunities to share in golf properties currently on the website include quarter ownership of a four bed villa with course views in the Algarve for £250,000 and the chance to purchase half of a two bedroom in Desert Springs Golf Resort Andalucia, Spain for about £49,000.

Alongside property, the site also enables members to advertise and seek shares in boats, aircraft, cars, mobile homes and pets. Extensive guidance and template contracts are also available.

In related news... (GBN) is for the many thousands of people who work in the golf business all around the world.

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