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How are fractional properties managed?
For many buyers, the concept of fractional ownership will be new to them. Here we look at the most important issues they should be considering.
Cleaning is a task with the potential to cause discord between fractional owners as they will expect the property in perfect condition when they arrive (as will commercial tenants, if they are allowed). Owners will not want to spend the last day of their holiday cleaning the property and so it is always recommended that a reputable, local management company is appointed to deal with cleaning as well as routine repairs and maintenance of the property, garden and pool.
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