Maria Gudelis

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Maria Gudelis on Real Estate

Fractional Real Estate trends to a Billion Dollar Industry?

Dubai anyone?  That is where the timeshare and fractional ‘players’ are going to but don’t forget the great deals to be made in the fractional real estate segment in great areas of the United States like California, Las Vegas, Florida and any sun or ski destination!

 

Fractional real estate is the industry that is really growing in all parts of the world with special emphasis to few of the countries, like Middle East is the region where there have been a tremendous growth to yield $1.2 billion as annual sales. In countries like Canada and Caribbean where most people like to go for vacations, the annual sales of fractional properties have been more than $1.9 billion in 2007. This $1.9 billion sales show that there has been an 18 percent growth in the industry as compared to last year, i.e. 2006. It is the comparison of the year 2007 and 2006, but, the research of statistics shows that there has been a consistent growth in the market in the last decade. However, this growth is really supposed to be on an upsurge in coming years as people are considering it a right thing to invest in.

 

That is the reason why it is supposed to be a billion dollar industry which will play an important role in coming years as it is always playing a crucial role in Middle East’s economy.

 

To learn more about fractional real estate click here!

2 Comments, Comment or Ping

  1. Hi Maria

    Thanks for the interesting statistics. I think it will be really interesting to see how the fractional market copes with the credit crisis/downturn in the economy during 2008. I have some early evidence that some developments in Europe are still selling strongly.

    Regards

    Neil

  2. admin

    Hi Neil, thanks for reading my blog!

    I’m getting emails/calls from developers abroad to help them with their online marketing strategy to sell fractional real estate so yes, the trend from ‘the street’ so to say seems to be that way!

    Would you be interested in a online interview to share with us what you are seeing across the pond?

    Cheers, Maria Gudelis

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