The smart way to holiday and invest in real estate at the same time
Owning a holiday home outright can have its benefits however it also comes with its own responsibilities.
Rentals, management and maintenance costs are a constant, not to mention the fact that many holiday homes remain vacant for large parts of the year. All of this can often diminish the enjoyment of owning a property outright, not to mention the greater initial capital expenditure required.
Second Home have created a practical, affordable and enjoyable way to fulfil the dream of owning a holiday home. This allows you to focus on creating fantastic opportunities and memories for your family and your family holidays, all wonderfully shared experiences that are such an important part of our lives.
Through a unique Co-Ownership approach, Second Home can make your dream holiday home become an attainable reality by selecting the most popular holiday destinations and purchasing special properties to suit the most discerning owners. With Second Home Co-Ownership, your name is on the title, and you own a one-eighth share of the home, providing you with a fully managed, magnificent holiday home. This is a saleable real estate investment without the work, commitment and costs normally associated with such a property purchase.
A fully managed experience is part of the service with Second Home Co-Ownership.
John and Sharon Russell, the founders of Second Home have over 25 years’ experience in managing the Co-Ownership of luxury motor yachts, a villa in a small town in Italy and a number of high-end properties in Queenstown. With this knowledge, their professional team and home managers in Queenstown, Bannockburn and Italy they can guarantee your best possible Co-Ownership experience.
Creating interaction between their co-owners is a key priority for John and Sharon. They organise events from time to time where you will have the opportunity to meet your co-owners. Of course, you can be involved with this as much or as little as you like, but this is an important element in your enjoyment of Second Home Co-Ownership, as it’s more like being a member of an exclusive club.
Each co-owner has exclusive use of their home for between 4, 6 or 8 weeks every year depending on the particular property and shares in the costs. All you do is pre-book your weeks, savour the anticipation of your next holiday, then arrive and enjoy. At the end of your stay, simply pack up and start planning your next holiday. It’s that simple. All the chores of cleaning and maintenance are taken care of.
The home will always feel like your home because it is, and for this reason it will never be offered for rental – it is exclusively for co-owners only.