5 Benefits of Fractional Ownership in Southern Utah

 Do you love vacationing in Southern Utah and think you might be interested in having a vacation home in the area? You can avoid rising home costs and interest rates with fractional ownership! With this type of co-ownership, you can enjoy your home 6 weeks out of the year, and everything is taken care of for you, so there’s no stress and hassle, only fun and relaxation. Keep reading to find out the benefits of fractional ownership in Southern Utah:

1. Affordable vacation home ownership

One of the top benefits of fractional ownership is that there’s a lower barrier to entry since there is no significant down payment like a traditional real estate property. Fractional ownership simply means that a property is co-owned by a group of investors through an LLC. As a co-owner of a luxury vacation rental in Southern Utah, you can enjoy the property for 6 weeks out of the year, and the only fee charged during your stay would be a discounted cleaning fee. The selection of those 6 weeks is given based on the order of purchase, and then each year, the selection will rotate. There is also the opportunity for the owners to trade weeks with one another! Overall, fractional ownership provides easy access to an incredible vacation home without the burden of a mortgage and the associated financial responsibilities. 

2. Additional income while you’re away

Another financial benefit of co-owning a vacation property is the passive income. If you don’t use all of your allotted weeks, we can help you book nightly guests to occupy that time. That’s some additional income for you, and we take care of the bookings, so you don’t have to handle any of those details! 

3. Ownership is transferable 

Something you probably didn’t know about fractional ownership is that it’s completely transferable! While you do have the option to sell your shares at any time, you also can transfer ownership into another name and even will the ownership. Flexibility is a huge advantage of this type of real estate investment!

4. Luxury finishes and professionally designed properties 

If you’ve ever stayed at a luxury vacation rental in Southern Utah, then you know how nice it is to have a modern, fully furnished and stocked home away from home. What’s even better is that you don’t have to worry about anything– it’s all prepared for you ahead of time and ready to go! Professional designers work hard to create open, beautiful spaces that we know families will appreciate. 

5. Stress-free upkeep and maintenance

At Red Rock Fractional, we manage your shared ownership group, including handling accounting, reservations, cleaning, and maintenance, so that all you have to focus on is having fun and enjoying your time in Southern Utah. Other tasks related to the property that we handle are things like homeowner’s insurance, HOA fees, and utilities. Our team of skilled property managers takes great pride in servicing your property and makes sure you’re getting the best use out of your shared vacation home. 

Now that you know the benefits of fractional ownership in Southern Utah, learn more about us, and let us know if you have any questions! We’d be happy to help you begin the journey to owning a luxury vacation property.