Question 1

HOW LONG WILL IT TAKE TO COMPLETE MY PURCHASE?

Accepted Answer

This varies for each property. In some cases, your purchase can complete within 21 days. For properties where all the shares have to be sold first, completion may take several months. Please complete the Enquiry form for more information on the property you are interested in.

Question 2

CAN I VIEW A PROPERTY BEFORE I BUY?

Accepted Answer

Yes, we can arrange viewings of any property you are interested in.

Question 3

HOW OFTEN CAN I USE MY PROPERTY?

Accepted Answer

This will depend on the share you are buying and will be shown in the listing details. For example, if you are buying a 1/8th share, you will normally have 6 weeks (42 days) annual use. The process for arranging your stays will vary for each property - please complete the Enquiry form for scheduling information on the property you are interested in.

Read blog - How does Sojourn8 allocate usage between owners?

Question 4

WILL I BE ABLE TO GET A MORTGAGE?

Accepted Answer

Mortgages are not currently available in Europe for a fractional purchase.  Some developers may offer their own funding products and there are other options available - please read our blog to learn more:

Question 5

WILL MY PROPERTY BE FULLY FURNISHED AND READY TO USE?

Accepted Answer

Yes, your property will have a thorough makeover to create a beautifully designed, furnished and equipped holiday home. Sojourn8 manages this process following completion.

Question 6

IS THIS THE SAME AS TIMESHARE?

Accepted Answer

Not at all. As the name suggests, timeshare owners have the right to stay at a property for a fixed week each year, and nothing more. With fractional ownership, you will jointly own your holiday home with a small number of like-minded owners and will have flexible usage of it throughout the year.

Question 7

WILL I MEET THE OTHER OWNERS?

Accepted Answer

The feedback we have received is that most owners prefer privacy for themselves and their family. Therefore, to maintain confidentiality, we do not facilitate contact between owners.

Question 8

HOW WILL MY PROPERTY BE MANAGED?

Accepted Answer

Each property will have a local management company to deal with cleaning, inventory checking, repair and maintenance. Sojourn8 oversees the this work to ensures the highest service levels. Sojourn8 is also responsible for arranging insurance of the property and payment of all outgoings.

Question 9

CAN I RENT OUT MY PROPERTY?

Accepted Answer

No, but you will be free to allow friends and family to use it.

Question 10

CAN I KEEP MY PERSONAL BELONGINGS AT MY PROPERTY?

Accepted Answer

Yes, each owner will have a secure area in which they can store their personal belongings.

Question 11

CAN I SELL MY SHARE?

Accepted Answer

Yes, you will be free to sell your share at any time, normally subject to offering it to the other owners first. For some properties, there will be an open market sale after a fixed period - this will be clearly stated in the listing.

FAQs for Buyers