Appassionata was born from the hearts and minds of successful entrepreneur Michael Hobbs and the highly talented Hobbs-Mauger family. In operation for over 17 years, they are one of the most experienced and highly regarded fractional ownership businesses in Europe. Having completed 7 projects to date, with over 90 owners that can attest to the quality of their delivery, they have concluded over 20 re-sales since launch, giving confidence that when owners buy, they also have a route to exit in the future.
Appassionata is a UK/Italian based business specialising in the restoration and creation of luxury, unique fractional ownership properties in the region of Le Marche Italy. The business is boutique in nature and style, family run and aimed at like-minded people who want to experience real Italy and a luxurious lifestyle. They are not a large corporation; their philosophy is to exceed owner’s expectations, be present when needed and offer confidence in dealing with a small but successful family business. They are not a large faceless corporation, managing the bottom line to please their shareholders and financiers, they are self-funded, family run and on hand. They share a vision to create something magical, reflecting their life experiences and incorporating traditional family values.
The quality of their life in Italy is what brought them to Le Marche and helped re-enforce their vision to provide ‘la dolce vita’ to their many owners. Le Marche is often referred to as ‘all of Italy wrapped up into one region’, this is authentic Italy, with amazing beaches, rolling hills, hilltop medieval villages, and the Sibillini mountains a short drive away.
Appassionata are unusual for this type of business in that they live where they work. All the houses are within easy reach, and they are on hand for when they are needed.
Their family is close, and love spending time together, enhanced by the fact Le Marche has so much to offer, and the seasons bring new experiences and opportunities. Over the last 17 years their business has developed and adapted to the changes taking place in the world and have recognised people’s desire to find places and experiences that are authentic. They wanted to create beautiful homes for people to share, but in a place that enhances life and that they are fully invested in themselves. They may concentrate their efforts in a small part of Le Marche but their owners ‘get it’, they have embraced the visions and dream that brought them here in the first place.
Taking professional business skills and marrying them with style, creativity, and passion, Appassionata offers you something unique, a boutique and luxurious, family-owned co-ownership business.
We offer a straightforward and cost-effective way of buying a holiday home in Italy. Selling shares (with 4 or 5 weeks exclusive residency each year - depending on the house) in your own unique property, that is professionally managed and maintained throughout the year.
Our fractional ownership model is a very simple and transparent way to buy a share in a luxury holiday home.
Each house is divided into ten or twelve shares and each owner buys a share that gives four or five weeks annual residency. Every Appassionata property is owned by a non-trading, UK registered, limited company which has been established to exclusively operate the property on behalf of its owners. There are no additional purchase fees, Appassionata have done all the boring legal paperwork and paid the relevant purchase taxes and legal costs.
Unlike sole ownership of a whole house, which can bring its challenges, our co- ownership model takes the headaches right out of the equation. It’s our job to shoulder the load, and maintain the full beauty of the property and its immediate surrounds. Keeping it safe and secure, and every bit as wonderful as the last time you were here, until you return.
Wherever you hail from around the globe, and however you might describe what we do, be it real estate, owning property in Italy, fractional ownership, or property sharing, we like to think of it as creating a little corner of Le Marche that you, like us, can call home.
** If your desire is to have a holiday home in Italy for a fraction of the cost, then Appassionata is for you. **
The longest standing independent operator with over 17 years experience.
As a lifestyle investment, Fractional Ownership makes sense. On average, a holiday homeowner only uses their property for about 40 separate nights but pays for the entire year. Fractional owners don’t have the financial burden of maintaining the property all year round; they simply split the maintenance fees with fellow owners.
There is a legal structure of course, buying a property is one of the most important decisions you’ll ever make. Appassionata has made the process and structure as safe and simple as possible. We have taken care of all the normal legal and tax issues associated with purchasing a property outright in Italy, saving you the headache and complexity of doing this yourself.
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