Co-ownership: the smart concept
- Bernard
- Dec 16, 2024
- 3 min read
Updated: Jan 15
Discover the Co-Ownership Experience: Stress-Free Relaxation in Your Holiday Home
How can you enjoy your holiday home without being overwhelmed by restrictions and obligations? OWN18 introduces the concept of managed co-ownership to Europe, a model already well-established in the U.S. Tailored specifically to European legal and tax systems, OWN18 offers you the opportunity to own your dream holiday property. We ensure individual use without the hassle, providing a truly worry-free experience. Discover how OWN18’s co-ownership model brings you effortless relaxation in your own holiday villa.
Effortless Ownership of Your Holiday Home
OWN18 simplifies the entire property acquisition process. Our carefully curated portfolio of premium homes in Europe’s top destinations has been vetted by our experts. This means you can skip the time-consuming search for suitable properties and avoid questionable listings.
Own Your Holiday Home at a Fraction of the Cost
One of the biggest challenges to owning a holiday home is the cost. You want a luxurious, high-quality property but often find that your dream doesn’t match your budget. With OWN18, we make owning your dream property achievable. By purchasing a share of the property, you get premium real estate for a fraction of the cost. Choose how many shares you want to buy and enjoy your dream home without overextending your finances.
OWN18 Co-Ownership: A Hassle-Free Holiday Home
Once you’ve chosen your ideal property, OWN18 handles the entire buying process for you. From inspections to purchase, we take care of every step. Our network of lawyers, agents, and tax advisors ensures everything is handled professionally. You’ll acquire indirect ownership through a Belgian property company (Scomm), with belgian contracts, making the process clear and straightforward.
Move-In Ready Homes
Furnishing a holiday home can take a lot of effort and time. With OWN18, your new property is ready for use from day one. Our professional designers furnish and decorate the homes, considering the style of the local area. Our goal: to create a luxurious space where you can enjoy the highest level of comfort.
OWN18 Manages Your Property
Maintaining a holiday home can be overwhelming when you only spend a few weeks a year in it. Typically, holiday homes are used for less than 10 weeks annually, but without OWN18, you bear all the costs. OWN18 co-ownership allows you to relax while we handle the management, maintenance, and cleaning. Our service ensures you don’t waste your holiday dealing with these tasks.
Property Maintenance by OWN18
We manage all property upkeep and cleaning through trusted, experienced partners and local managers.
Transparency with OWN18 Co-Ownership
Operating costs, including property management, taxes, maintenance, and repairs, are passed on directly to owners with full transparency. Costs are shared proportionally based on ownership shares. Additionally, owners pay a monthly fee of €99 to OWN18, covering company administration, customer support, and tech services. All statements are accessible via the OWN18 app.
Arrive and Enjoy: Our On-Site Service
Our service doesn’t end when the purchase is completed. Our team prepares the villa for your stay and offers optional services such as airport pick-up, concierge services, and extra cleanings. Should you have any questions during or after your stay, our team is always available to assist you.
Innovative OWN18 Owner App
We’ve brought the sharing economy and co-ownership into the 21st century with our user-friendly app. Plan your stays easily and fairly, with flexible options for both long-term planning and last-minute bookings. Our app also connects you to our on-site service team, ensuring that everything is prepared for your arrival. With just a tap, you can book additional services or get in touch with us or your villa manager.
Relaxation, Made Effortless with OWN18 Co-Ownership
Interested in learning more? Submit your preferences or check out our available properties today. We look forward to helping you make the stress-free purchase of your dream holiday home a reality.
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