Fractional Ownership!
Shared ownership, syndication and timeshare structures have been around for many years. Fractional ownership is now seen as an evolution into a more structured and professional managed joint ownership and usage system, with formal entry and exit agreements.
Riverman cabin is registered in the name of a company (whose only asset is that property) which has 26 shareholders, each share entitling the owner to either 2 or 6 weeks use of the eight bed, five bed or honeymoon suite.
Riverman Cabin is available on fractional ownership; also referred to as a joint ownership.
Riverman Cabin allows 26 co-investors to enjoy all the ownership benefits of luxury leisure asset farm holiday homes including the brick and mortar as well as the capital growth of this beautiful property in Mpumalanga. Riverman Cabin offers 26 fraction at a cost of R150 000.
With a rotational roster in place, every shareholder is ensured of spending every week of the year (spread over X years) in his holiday home which means that everyone has a fair share of high-season, in-season and out-of-season vacations
The usage right typically associated with owning your own holiday home forms part of the Riverman Cabin fractional ownership, yet the on-going maintenance and management burden is taken care of by a dedicated management company, by the name of Hatprop Administrators. All the running costs are shared according to shareholding status, making fractional ownership the ideal way to own and use your luxury leisure asset for the time you require each year.
Riverman Cabin



