Sunday, February 5, 2012

Fractional ownership real estate and the Concept of time in the Middle East


Fractional ownership of real property and the Concept of shared time may have great potential in Middle East

NorthCourse, one of the most trusted real estate relief and solutions companies in the world has recently concluded a study on how people in different parts of the world, specifically in the Middle East, will accept the time-share and real estate industry.

NorthCourse, 44% of the respondents of their investigation would be want to invest in the property of fractional ownership vacation purposes. It is somewhat surprising, especially because the timeshare is not yet widespread in the region of Asia said.

This is already a fact that the timeshare industry will grow and develop more in the years to come. They estimated increase of 50% over the next five years, mainly in Middle East. The reason why only 44% of respondents were concerned with the property of timeshare and fractional real estate is that 56% of respondents has no idea about the concepts still. Another obvious reason is that timeshare industry does not yet work in their place as at the moment.

Middle East, the country which is more familiar with the timeshare is the Egypt. The Egypt owns 62% of stations timeshares with timeshare. Despite this, the researchers said NorthCourse it is expected that in the next years, there will be more construction and expansion in other prosperous places in the Middle East , such as Abu Dabi and Dubai. Researchers also said that the Asian region has great potential and it is good to invest and develop timeshare properties there.

Because of this good news, the company of renowned global real estate fractional life organized the "shared property and fractional Summit Middle East"Yas hotel in Abu Dhabi. In this way, people of Abu Dhabi and other sites will be able to learn more about the real estate, timeshare property timeshare and everything which relates to the timeshare industry and holiday options.

Many timeshare companies and developers around the world have heard of this new and are now looking forward to expand their timeshare and choosing Dubai, Abu Dhabi and other beautiful places in the Middle East to build timeshare properties.








Erick Cornwell is a fractional ownership of the United States consultant, help timeshare owners to obtain a real timeshare relief for fractional ownership loads. It provides the means and advice on how owners can sell timeshare units.


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