Fractional ownership in real estate allows multiple individuals to share ownership of a property, dividing costs and usage rights, making high-value properties more accessible and manageable through clear agreements and shared responsibilities.

Turks and Caicos Islands, known for its luxury real estate market, saw $553M in sales in 2022, driven by high demand, strong infrastructure, and ongoing pre-construction villa sales, with a promising $327M in pending transactions for 2023.

The Strand Turks and Caicos reports strong sales during its construction phase, with the first house set for completion by May 2023 and the entire project estimated to be finished in 2.5 to 3 years.