Fractional Ownership with Appassionata.

Fractional Ownership

Ownership at appassionata

“In the United States, fractional ownership is the fastest-growing segment of the property market - and now it is catching on here.” Chris Wilson, Daily Telegraph Newspaper.

If you have always dreamt of owning a luxury holiday home in Italy, fully restored and equipped, professionally managed and beautifully decorated then let Appassionata help you achieve your dream. This makes it an attractive proposition for those looking for a larger property with excellent facilities to share with their family and friends.

This is different to time share, you actually own the portion of the property you buy, forever, or until you sell it or give it away.
The house will always be beautifully prepared for your arrival and essential groceries are provided to allow you to immediately relax and start your holiday. No need to worry about gardening or pool cleaning when you are in residence, or security and maintenance when you are not. You share the total running costs with your co-owners as opposed to paying for everything yourself.

One of the key benefits is that fractional ownership can significantly increase your buying power.
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Ownership at Appassionata

Fractional Ownership is now a well developed sector of the holiday home market; in the USA alone it had a total market size of over $1.5 billion in 2008.

‘I own a country house in Italy with a swimming pool, tennis court, vineyard and wonderful sea views’ is true .............. whether you own five weeks or the property outright.


Fractional Ownership is a simple way to buy a share in a luxury holiday home. It is a tried and tested formula and reassuringly simple.
Estate Giacomo Leopardi is owned by you and your fellow members, and is operated exclusively for your enjoyment. Title to the estate is held in perpetuity by a UK based limited company for the benefit of the owners. As with other real estate, ownership may be sold, willed, transferred or placed in a trust at any time. Transfer of ownership is flexible and does not involve notary or notarial costs or local land registry fees and can be executed from overseas.
Owners receive a 1/10th interest in their property of choice (e.g.Casa Giacomo) which incorporates a right over the common areas - the communal gardens, swimming pool, tennis court, olive groves and vineyard.

In simple terms:

‘ The Members own the Company - the Company owns the property.’
By structuring the ownership of the property through a UK based company, you are able to avoid any of the normal legal and tax issues associated with purchasing a property outright in Italy. Appassionata have handled all of these complexities and substantial costs when originally purchasing the property. The company has been established as a non-trading entity, the accounts and administration will be managed by Appassionata on behalf of the company members.

Key Benefits of Appassionata Fractional Ownership:
  • Increase your buying power.
  • Membership gives you full access to the property and shared grounds for each residency week.
  • Receive a share of wine and oil produced from the estate owned vineyard and olive groves.
  • A low one off purchase cost, none of the normal Italian legal and tax issues.
  • A low annual service charge, shared with all other owners, fully transparent and cost based.
  • Professional on-going management, allowing you to enjoy your holiday.
  • Transfer or sell your membership in the UK Company at any time.
The Q & A section will explain this simple buying concept further and please don't hesitate to contact us for more information.


Ownsership at Appassionata