Collaborative Holiday Property Ownership
Collaborating with family, friends, colleagues, or others, to buy a Queensland holiday home or apartment is a cost-effective way to own and enjoy the holiday property of your dreams.
Appreciating asset – V – Depreciating asset
Owning a TIC share of a well located luxury holiday property close to a beach or other amenity will generally hold its value and appreciate in value over time.
Whereas a car and caravan combo or motor home will usually depreciate in value over time.
Cost Comparison
The average price of a new caravan and towing vehicle combination, or a motor home, starts at around $190,000.
Whereas, buying say a 1/4 share (of time, usage, ownership) of a quality holiday apartment can cost as little as $150,000.
A tenant in common (TIC) share in real estate is an asset you own that can be willed (bequeathed), sold or mortgaged separately.
Should you wish to sell your TIC share, you can list it for sale on the Tenant in Common Exchange.
Let us know of a property you are interested in and one of our Buyer's Agents will contact you to negotiate the best deal!
