Co-ownership of vacation homes offers a great alternative for those wanting to own a luxury vacation home with a lower capital investment and where everything is taken care of.

Fast forward to this summer, and the travel industry is booming, with vacations very much at the top of everyone’s list once again. Deciding where to stay is not only becoming a labour-intensive search, with pages and pages of luxury vacation rentals but also (along with everything else) a lot more expensive than ever before. If you’re looking for a reason why the vacation home co-ownership industry is moving in a solid upward trajectory, then the price factor and searching for a socially responsible way to own a property abroad are definitely two key factors.


Thousands of luxury-seeking vacationers seem to be steering away from the sprawling mass resorts (some still covid-crowd-shy, others searching for that bespoke experience) to find the comfort of a home away from home but with a high-end hotel feel.


Is Airbnb fatigue setting in? While many customers are feeling the pinch of the rising costs of these luxury rental properties, they are also, at the same time, reluctant to look at downgrading their stay. Owning your little bit of luxury abroad is appealing on many levels. However, the cost of splurging on somewhere that we have to maintain even when we’re not there definitely adds a layer of the mundane to one’s dream of a luxury escape where stepping out of the busy day-to-day life means having nothing to think about.


Vacation home co-ownership is answering this request by eliminating all the headaches and spiralling costs of owning that abode abroad. By sharing with like-minded people you are with owners all after the same thing – leveling up to that more expensive property bracket without breaking the bank and enjoying a luxury home that is fully managed..

 

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