โdiscover coliving withโ ๐งฎ co-ownership
Offering fractional ownership giving flexible use at reduced cost in return for becoming a stakeholder. See details of how it can work.
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ย โคBarcelona, Spainโถ from โฌ700/monthCircles House -
ย โคscouting, Franceโถ from enquireHub House -
ย โคmultiple locations, โถ from enquireCohere -
ย โคAlentejo, Portugalโถ from โฌ390/monthOasaโโขโTraditional Dream Factory -
ย โคnear Bansko, Bulgariaโถ from enquireColiving Semkovo -
ย โคBarcelona, Spainโถ from โฌ900/monthKarisma -
ย โคBali, Indonesiaโถ from โฌ290/monthThe NYX -
ย โคnear Gurjaani, Georgiaโถ from โฌ250/fortnightChateau Chapiteau -
ย โคBali, Indonesiaโถ from โฌ560/monthParq -
ย โคthe Alps, Switzerlandโถ from โฌ700/monthFrilingueโโขโSwiss Alps
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About co-ownership
Sharing ownership in collective accommodations can take many forms, from leases and timeshares๐ฌ 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.๐
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.