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Insights into co-ownership for prospective vacation home buyers and existing co-owners.
January 2024
As the demand for vacation homes continues to soar, the quest for the perfect escape prompts a closer look at the best acquisition methods. Enter vacation home co-ownership - the modern and transparent version of fractional ownership – an enticing alternative that not only fulfills the dream but also offers unique advantages. Let's delve into the world of vacation home co-ownership and discover why it may be the best way to make your second home dream come true. *In this blog, the term ‘fractional’ is used in the modern sense of co-ownership.
January 2024
Have you ever thought about owning a vacation home with friends? It seems idyllic – you’d have a shared sanctuary for retreats and relaxation, the purchase price could be divided, and you could all take responsibility for the property maintenance and ongoing running costs.
January 2024
You might have heard on the grapevine that it can be tricky to get out of a timeshare, but what about selling your co-ownership share? Co-ownership makes it possible to own a portion of your dream vacation home, by jointly owning a property with up to 7 other parties. The co-owners can share costs (both the purchase price and ongoing running expenses.) And each owner is entitled to the same usage, giving everyone equal enjoyment of the home.
January 2024
In an era where environmental consciousness is gaining momentum, many of us are looking for greener alternatives in various aspects of our lives. One such area that has seen a huge surge in interest is vacation home co-ownership. While the traditional model of owning a vacation home may not align with sustainable living, co-ownership is a kinder choice in terms of our planet’s future. Let’s check out the reasons why.
January 2024
Welcome to the era of remote work, where the boundaries between professional and personal life are becoming increasingly blurred. As the traditional office setup evolves, more of us are looking for alternatives that allow us to break free from the confines of a conventional workspace. One such liberating option is the ability to work remotely from the comfort of your very own vacation home. No more dreary office walls or work blues! In this guide, we'll check out the benefits of remote work and how co-owning a vacation home can be the key to unlocking the ultimate work-life blend.
December 2023
The question of whether it’s better to buy or rent a vacation home crosses the mind of most holidaymakers. Yes, renting gives you an element of flexibility, but you’re effectively paying your hard-earned money into the pocket of the vacation home’s owner. The idea of buying a second home, on the other hand, can feel exciting and nerve-wracking in equal measure! Having a home away from home is a total dream come true, but what about the ongoing financial implications of home ownership, after you’ve invested in the property?
