Fractional ownership is a modern and accessible alternative to traditional property ownership. Instead of purchasing an entire property outright, fractional ownership allows you to buy smaller portions, or ‘fractions’, of a property. These fractions represent your share of ownership, giving you proportional rights to benefits such as rental income and property value appreciation. FracProp ensures that every fraction is backed by tangible real estate, giving your fractions tangible, lasting value.
By purchasing fractions, you become part of a broader community of co-owners. This collective model is financially accessible, removes traditional barriers such as high upfront deposits and stringent mortgage criteria, and provides the same wealth-building opportunities traditionally reserved for full property owners.
What to expect after purchasing your fractions
Upon purchasing your fractions, several things happen seamlessly:
- Immediate confirmation: You will receive instant confirmation of your purchase via email, clearly detailing your fraction ownership, the amount invested, and your next steps.
- Dashboard update: Your FracProp dashboard will instantly reflect your ownership status, showcasing your property portfolio clearly, and providing tools to manage and expand your investment.
- Rental income: As a fractional owner, you immediately qualify for a share of rental income proportional to your fraction size. Rental income distributions typically occur monthly or quarterly, providing a passive income stream that you can monitor directly through your dashboard.
- Property appreciation: Your fractions increase in value as the property appreciates over time. Regular property valuations ensure transparency and give you clear insights into how your investment is performing.
Maximising your fractional property ownership
To maximise your returns and grow your property portfolio effectively, here are a few strategic tips:
- Re-purchase earnings: Consider using rental income earned from your fractions to purchase additional fractions. This strategy helps compound your growth and expand your portfolio steadily.
- Monitor market conditions: Use the insights and analytics provided on your dashboard to stay informed about market trends and property performance. Being proactive can help you time your fraction purchases or sales to maximise profitability.
- Leverage flexibility: FracProp’s flexibility means you can easily adjust your portfolio in line with your changing financial circumstances and goals. Whether you choose to auction your fractions or bid on new opportunities, your dashboard provides the tools and transparency to act decisively.
Need assistance? Support is just a click away
FracProp’s dedicated support team is always ready to assist you. Whether you have questions about your fractions, the dashboard features, or simply need advice on managing your property portfolio, help is easily accessible. You can reach out directly through your dashboard or email the support team at hello@fracprop.co.za.
What happens after you buy a property fraction?
Buying a property fraction might seem straightforward, but what exactly happens after you’ve clicked ‘purchase’? With fractional property ownership gaining popularity in South Africa, understanding the full journey is essential. Here’s your comprehensive guide to what happens once you’ve secured your fractions and how the entire process unfolds.
Step-by-step guide: From buying fractions to managing your property portfolio
Step one: Setting up your FracProp profile
The journey begins simply, you visit FracProp.co.za and set up your profile based on your specific requirements. FracProp caters to diverse user groups, whether you’re an individual, a business, an investment group, a community agent, or a licensed property broker. Once you select the profile type that fits your needs, creating your profile is quick and straightforward.
Step two: Verify your details
To protect your identity and ensure security, you’ll complete a quick ‘Know Your Customer’ (KYC) verification. This involves uploading proof of your ID and residential address directly to the secure FracProp platform. Shortly afterwards, you’ll receive an email containing a unique, one-time, private verification pin. Enter this pin on the FracProp website, and your profile verification is complete, fast, easy, and secure.
Step three: Browse and select your property
Once verified, you’ll gain full access to your personalised FracProp dashboard. This user-friendly space is where your journey truly takes off. The dashboard features a carefully curated selection of high-yield properties tailored to suit a variety of preferences and budgets. Browse properties at your leisure, taking time to compare and analyse options that align with your financial goals and personal preferences.
Step four: Buying your fractions
After you’ve identified a property or multiple properties that fit your needs, you’re ready to purchase your first property fractions. FracProp makes this incredibly accessible, allowing you to start owning a piece of prime real estate from as little as R100. You have the flexibility to purchase as many fractions as your budget allows, empowering you to gradually expand your portfolio at your own pace.
Step five: Owning and managing your fractions
Ownership is only the beginning. Your personalised dashboard isn’t just for viewing your properties, it’s a powerful tool designed to help you manage and optimise your fractional ownership journey. You can track your earnings from rental income, (any income you earn from your property fractions goes straight into your bank account, no middlemen and no delays), monitor your property’s appreciation, bid for additional fractions to increase your ownership share, or even auction your fractions to other interested buyers whenever you feel the time is right.
Start your fractional ownership journey today!
