Holiday home matchmaking
Hoping to reinvent the way we view holiday homes, a new breed of co-ownership companies now offers the benefits of flexibility, variety and hassle-free fractional ownership within a freehold basis. August has more than 500 homeowners and manages 80 renovated properties across Europe. Its CEO Mélie Dunod claims that the average holiday home is used for just 35 days every year.
An August Collection property in Mallorca ©
“Why own 100 per cent of an asset that you visit just 10 per cent of the time?” she asks. August’s co-ownership model gives you a choice of shared properties and locations, as well as regulated access to the calendar to pick your time away (shares from €700,000). “We’re real-estate matchmakers,” says Dunod.
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