Have you always dreamed of owning a beautiful home in the Algarve, but worried that your present commitments would prevent you from spending enough time enjoying it?

The Vigia Group understands that people who have the luxury of owning a second home abroad sometimes have very little time to spend enjoying their investment. This is why we developed a simple, efficient and affordable solution to help fulfill the dreams of those who had decided they couldn’t justify the expense of owning a luxury home in the sun, 52 weeks of the year.

Fractional Freehold Ownership is a unique concept that enables you to own an exquisite property abroad, for a fraction of the outright price.

In simple terms, Fractional Freehold Ownership is an opportunity for a group of individuals (four, six or maybe even twelve) to each purchase partial ownership of a holiday home. They will split the cost, additional running expenses and usage of the property and consequently the capital growth that the property will acquire. Simple, clear and very clever!

For example, by purchasing a quarter share you will only be committed to pay a quarter of the running costs associated with it whilst benefiting from the property’s equity.

In addition to this you will have exclusive use of your property for three months (spread evenly across the year), relaxing in your own home in the heart of the beautiful Western Algarve, enjoying the delights that each season has to offer!

Fractional Freehold Ownership is becoming increasingly popular with our clients and more and more people are beginning to understand the potential advantages of the scheme, recognising this, we now offer Fractional Freehold properties in each one of our stunning resorts.

• A cliff-top leisure resort overlooking the costal village of Salema.
• 55 two and three bedroom luxury village houses with roof terraces and optional Jacuzzis.
• All properties are finished to high specifications with fully fitted kitchens, contemporary products and appliances.
• The resort is positioned around a large swimming pool, terraced area and poolside bistro.
• The outdoor pool is heated from Easter through to the end of October.
• 5 minute walk from Salema a fishing village boasting a beautiful beach, a handful of shops, restaurants and bars.
• Owners enjoy a 30% reduction on green fees at Parque da Floresta’s championship golf course and access to all its other recreational facilities.
• Owners and guests will be able to enjoy The View 2’s pool areas (completion expected in 2010).

When you buy a property with us you can relax in the knowledge that we have been operating for more than 15 years in the western Algarve. Being a wel established, pro-active force in development with a proven track record, Vigia is recognised as the leading developer of high quality properties within leisure resort settings in the region.