—discover coliving with— 🧮 co-ownership
Offering fractional ownership giving flexible use at reduced cost in return for becoming a stakeholder. See details of how it can work.
I'm looking to stay in that's
from €shared onlypledges prepared; ~€3k/mo/share ensuite; ~€250/mo/expenses as a co-op
from €shared onlyland acquired, building commencing; goal to become diverse resort; ~€4k/mo/share
⤚multiple locations, Portugal⟶
from €shared onlytaking pledges; 20+ high-spec container-cabins; ~$10k/mo/share; ~$300/mo/expenses
Oasa • Traditional Dream Factory
from €shared only~€8.5k/mo/share with at-cost use; see proposal
from €520475min 7 days; property selected; 1-bed apartment €40–50k Q2 2023; presentation and all docs
from €shared onlyfrom $4.5k (pod) – $12k (premium) /mo/share for early backers with significantly discounted use (~50%)
⤚multiple locations, ⟶
from €shared only(unconfirmed) ~€15k/mo/share with reduction against rates of ~$1600/month
from €660490min 7 days in single; villas for sale
from €min 30 days410min 30 days; of villas for sale
from €shared onlywith NFTs each having occupancy/use value, and nominal use contributions (20% of retail rates)
from €min 30 days1500min 30 days; equity only membership
🚧This is alpha. We're compiling — do tell us if you've feedback or have a space to add.
Sharing ownership in collective accommodations can take many forms, from leases and timeshares😬 to those developed specifically to support coliving principles, such as the Cooperative Coliving models. Similar to subscription coliving, yet having part ownership giving reduced cost.
With fractional ownership you purchase equity shares in a property owning entity, of which the shares correspond to use having some form of flexible booking, and for which you contribute either at a discounted rate versus rentals, or at-cost.
Some are operated commercially through a private management company charging for the services provided, others are mutualised through an association or co-op, with variable cost contributions and participatory decision-making.
Every project has its own approach, and naturally when people get together to create spaces, we have different ideas so check your intentions before committing.👍
Most spaces look after all decoration and equipment as in a serviced-apartment, yet some may also offer dedicated units (or cohousing) allowing you to use it as a base, or indeed as a home. Some rent out unused time and distribute dividends, whilst others allow you to trade it, or may reallocate unused time to impact programmes. It can also be possible to swap time between spaces in different locations that work together.
Where any allocated use value has a lifetime expiry whence a renewal cost is imposed (e.g. after 20 years), be sure to confirm that your expected use, with the discounted rates and all additional costs, are sufficiently below market rental rates to make any risks worthwhile.