Finding the perfect vacation home can be challenging. For many families, busy schedules permit them to vacation for just a few weeks out of each year. While some prefer to own a second home, rather than rent, upkeep of a home can eat into free time. With its fractional ownership structure, The Hammocks addresses all of these needs and concerns.
What is fractional ownership?
Unlike traditional timeshare and vacation clubs, The Hammocks neighborhood provides the opportunity for a limited number of individuals to share ownership in a beautifully furnished and richly appointed home. Here, you'll be an equity owner in actual real estate, not just time. Your 1/13th deeded interest can be sold, willed or gifted. Rather than renting accommodations, your Hammocks home is an asset that you and your family can enjoy for generations.
Instead of paying for more leisure time than you can use, you can spend four weeklong vacations in your home year after year (one in every season) in perpetuity. Additionally, all home maintenance and landscaping are handled for you, leaving every minute of your free time for rest and relaxation.
Two- and three-bedroom fully furnished Hammocks homes start at less than $100,000–- a fraction of the price you'd pay for full ownership of a similar quality home on Bald Head Island.
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The Hammocks is a unique shared ownership neighborhood on Bald Head Island, North Carolina.
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