One Step Closer - We handle it all, so you can enjoy your holiday's worry-free.

One Step Closer Owners enjoy the same view, the same benefits and same title deed as the man down the road who owns several thousands of Euros worth of property that sits empty most of the year. And while the neighbours pays huge mortgage payments, insurance premiums and property taxes, hires unsupervised maintenance companies and security and worries over market fluctuations and un-kept rental promises, One Step Closer owners are lounging by the pool enjoying beverage service drinks thanks in Part to our all-inclusive property management and rental programs.

Our Quarter-Share Ownership Properties appeal to the investor and holiday home buyers who are reluctant to invest substantial capital in a second or third home that often receives infrequent use and requires significant upkeep. With our Personal Concierge Service available, Private Storage and an ongoing Furniture Replacement Fund, our owners don't have to worry about a thing.

Quarter-Share Ownership Properties are holiday homes to enjoy, not to manage.

One Step Closer - Property Management

Many potential second home owners overestimate the time they will spend at their second home and underestimate the hassles associated with maintaining that second home. With One Step Closer Quarter-Share Ownership, there's no need to worry about getting a phone call in the middle of the night from the property management company. Each home is professionally managed and provides for a hassle free ownership experience.

All One Step Closer Quarter-Shares Ownership Properties are managed internally by respected hospitality companies with exemplary track records. Our development managers who maintain these relationships also are well established with the best local maintenance subcontractors - someone who also understands the unique requirements of owning each of your respective properties. The Home Owners Association manages and maintains your property with ease, thanks in large part to the on-site expertise and continual work of our development property managers.

One Step Closer - Rental Opportunity

One of the benefits of One Step Closer Quarter-Share Ownership is that you can purchase different times of the year based on your personal holiday requirements. Typically people would like to spend 3-4 weeks holiday's per year with their families, but sometimes it is difficult to acheive that. Therfore, One Step Closer would like to offer all owners an opportunity to place their unused periods into a rental program to better utilize their property. One Step Closer rental program utilizes numerous rental distribution services so we can handle and manage every aspect of the rental opportunities that you may want to explore.

You may place one or more weeks of your assigned usage into our rental program which always is professionally  managed. The managing agent will advertise your property for rent, handle all the reservations, billing and collections and perform the necessary housekeeping and maintenance for you. Your rental income is not pooled or shared with the other owners. The rental revenue you can earn from your ownership can be used to cover your annual running costs or other expenses.

One Step Closer - Personalized Concierge Service

Personal Concierge Service is an area where Quarter-Share Properties clearly outshine traditional second home ownership and other holiday home alternatives. When it comes right down to it, for most people today times is their most valuable commodity. Who wants to waste it cleaning, maintenance, fixing and mowing the lawn? The One Step Closer customer experience begins long before you ever arrive at your property. Our property service staff start working with you weeks before your arrival in arranging anything and everything for you prior to your stay. During your stay, this personal concierge service continues to make sure that every aspect of your stay is perfect.

Pre-arrival personal concierge service in conjunction with the exceptional customer service during your stay is just one of the many services we offer our owners to insure your holidays are the very best.

One Step Closer - Furniture Replacement Fund

Built into every owner's running costs of Quarter-Share Properties is a small fund that is used for furniture replacement. All owners are required to equally contribute to the furniture replacement fund to not only cover wear and taer on the property but also any major replacements that might be required from time to time. It is imperative from all the owners perspective to keep the property in excellent condition at all times. The furniture replacement fund managed by One Step Closer and coordinated with the management company responsible for your property. In general, all the appliances, furniture, electronics and everything that is part of your holiday home gets completely replaced in every 5 to 7 years.

One Step Closer - With private storage, your holiday items and accessories are always waiting for you.

There are many advantages of One Step Closer Quarter-Shares. One of the most practical benefits of Quarter-Share Properties is your ability to always have your personal belongings available to you on your holidays available regardless if your home is part of the rental program or not. You do not have to bring all of your favorite holiday gear with you every time you travel.

Every One Step Closer Quarter-Shares home comes with a large storage unit located close to your holiday home. Unlike hotels and timeshare resorts when you have to pack and travel with all of your holiday gear and accessories, One Step Closer provides every owner a secure place to store their golf clubs and other personal items.

Private Storage Units are provided so you can leave all those non-perishable items you need for your ongoing visits, but do not want to take with you back home. Personal things may be taken out of their private storage area and placed in the home, ready for your arrival.

One Step Closer - What are Quarter Shares?

Quarter-Share Ownership provides you with unparalled benefits of owning a holiday home in your favourite location, but without the burden and costs of repairs and upkeep. Wouldn't you love to have the services and amenities of a luxury property without living out of your suitcase? You're not alone. This new breed of holiday home ownership, called Quarter-Share properties is becoming increasingly popular as individuals and families look to maximise their family holiday time. One Step Closer provides you with the ability to finally have the holiday home ownership you have always dreamed of for a fraction of the cost.

We understand how important it is to have the most satisfying and enjoyable time with your family while being on holiday. Only properties that exhibit a high level of luxury or value, have essential amenities and services, and are located in desirable locations are considered before becoming part of the One Step Closer portfolio. All of our properties are maintained and managed by respected companies, providing our owners with worry-free ownership when it comes to the daily and routine upkeep of their property, allowing plenty of time to indulge one's self with all of the features and benefits present at each property. let us show you how this works.

 
One Step Closer - How does it work?

Quarter-Share Properties are providing everyone an opportunity to own a luxury holiday property. Finally, there is a way to make your dreams come true with an affordable way to purchase a luxury holiday home that makes economical sense. If you thought you could not afford luxury, now you can.

• Why purchase a full ownership dream luxury holiday home when you only use it for few weeks a year?
• Why stretch your budget when you do not have to?
• Why not have the opportunity to have multiple luxury holiday homes around the world instead of one that you own outright?
• Why not take avantage of spreading your portfolio across multiple properties?

Quarter-Share Ownership just makes plain sense.

• You will have a quarter-share (25%) of the freehold that allows you to use it for up to 13 weeks every year.
• You only pay your portion of the management and operational costs.
• It is the only way to acquire a luxury freehold holiday property and minimise the running costs in relation to usage of the home.
• In addition, you can rent your property for unoccupied periods of time.

You can own a Quarter-Share Property with anybody and everybody.

• The maximum number of owners for each luxury holiday home cannot exceed four.
• Your occupational rights are based on equity ownership, you own 25% and have 13 weeks occupancy.
• You can take the full benefit of asset appreciation through Quarter-Share ownership.
• You can sell your interest at market value at any given time.

One Step Closer - The benefits of Quarter-Share Ownership.
The Centerpiece of a leisure lifestyle portfolio

Quarter-Share Ownership is a Management System around which one's entire leisure lifestyle revolves. Unlike timeshare, which is truly a holiday product, the pre-purchasing of a week or two of holiday's. Quarter-Share Ownership is the centerpiece of a leisure lifestyle portfolio. It is an asset and part of one's estate, when purchased as deeded real estate, and while timeshare is also mostly sold as such, the two products are used very differently.

The second home Quarter-Share buyer has a close relationship with their home's location. They return to that location periodically throughout the year for anywhere from three or four weeks to as many as twelve or thirteen, or even a month at a time. It serves not only as a holiday destination, but also as an escape weekend a mid week break, a gift to a friend or relative, a location for a business retreat, a family reunion, or any of a number of uses that one would make of a second home that is available periodically throughout the year.



Worry and Hassle Free

Another important benefit of One Step Closer Quarter-Shares Ownership is that it is worry and hassle free. All properties are managed and maintained by respected third party companies when residents aren't even there. Even if one could afford two, three or more holiday homes, the upkeep and preventative maintenance would be daunting. Even managing a single holiday holiday residence steals time from more enjoyable pursuits. Upon arrival at a One Step Closer Quarter- Shares holiday home everything is setup pre-arrival and the holiday can begin.

Rental Programs Offered

One Step Closer Quarter-Shares Ownership enterprises operate a voluntary rental management program, returning some amount of revenue to the second home owner, which is a much less important consideration, but never-the-less worth mentioning.

FAQ

How does it work?

The property is placed in an offshore company (usually based in Malta or Deleware) free of debt or encumbrance and 100 shares are created, the shares are then equally dived into four and the 25% shareholder(s) then owns 25% of the property. The use of the property is divided up and each quarter-share owner is entitled to 13 weeks use of the property per year.

Through a rotational system each quarter-share owner will be entitled to 5 x 2 weeks and 1 x 3 weeks per annum, rotating so over a four year period everyone will have the use of the whole year.

How long is it for?

Unlike a timeshare, this is until you decide to either sell your shares or all four quarter-share holders decide to sell the property.

How can I sell my shares?

Before you can offer your shares on the open market you are obligated to offer them to the other share holders.

Will the shares go down?

The share value is based on the value of the property at the time you wish to sell.

Who manages the property?

In the first instance the property is managed by an appointed company and the cost's are paid by the owning shareholders. As the quarter-shares are sold, the new owners take on 25% of the running costs until all four quarters are sold and then the four quarter shareholders have 100% control of the property and the running costs.

Can I rent out my alloted weeks?

Yes, they are yours to do as you wish. On past experience by renting our 3-4 weeks will more than adequate to cover your whole years running costs.

Are they sold furnished?

Yes, to a very high standard and built into the annual running costs is a sinking fund to cover replacement of furniture and soft furnishings.

Where are the properties?

We have a number of properties for sale across the Algarve, email us for current availability.

You will have lots of questions so why not put them on an email and send them to us?

One Step Closer - Try before you buy with our "Free Inspection Tour"