Why own one holiday home, when you could own five?
An innovative way to expand your international property portfolio.
Imagine owning five beautifully designed holiday homes in some of the most sought-after regions in Europe. Picture yourself choosing between a vacation in your ski-in, ski-out chalet in the French Alps, your rustic stone farmhouse in the heart of Tuscany, your seaside Mallorcan townhouse, your quintessentially English cottage in the Cotswolds or your chic South of France retreat.
Now, you won’t have to dream it, you can live it for a fraction of the cost of buying one second home. August, an entirely new proposition for co-ownership, offers ‘Collections’ of properties shared between up to 21 families. For a percentage of the cost of the property’s value, you have real ownership of five different homes all over Europe.
The value of the homes in this collection is over €10million combined, which you’ll own for an investment of €590,000.
On average, owners stay in their holiday homes for just 12 weeks of the year, which means there is capacity for plenty of trips without the hassle of traditional ownership.
“We purposely mix the demographic of co-owners to ensure everyone is going to get the weeks they want to stay – for example, families with school children mixed with retired couples who want to travel off-peak,” says Melie Dunod, CEO and Co-Founder of August.
The benefit of co-owning a home in this way, is that you asset isn’t sitting dormant for 11 months of the year as is often the case with many second homes.
You have the freedom of jumping from house to house, hosting friends, and never having to worry about hiring a gardener or cleaning the pool.
Sounds too good to be true? Their existing co-owners are hooked with many now buying into multiple collections or purchasing several shares of the same collection to maximise the number of weeks they can stay.
So if you love to travel in style but prefer the comforts of your own home, then co-ownership with August might be the perfect opportunity for you. There’s an August home for every family.
Once in a lifetime opportunity
Chalets of this calibre in Meribel are gold dust, with such limited planning permission available in the region it is impossible to develop much further, so acquiring this €7million chalet for a snip at €980,000 for 1/8 share is a truly one off opportunity.
With 6 bedrooms, multiple terraces and ski-in ski-out access, be the envy of the alps hosting friends and family here year after year.
Contact your SWM client liaison for more information on these incredible opportunities or an introduction to August.