Owning a holiday-property often involves a major financial investment and when the property is only used occasionally, it can be difficult to justify that investment.

In most cases one has to take out a mortgage which can become a burden when times or situations are changing.
There is however an alternative: co-ownership.

For a relatively small investment one becomes part-owner of a property, secured by an individual deed. By mutual agreement there is a rotating scheme and in case the property is not occupied, it can be rented out.

For example: with 4 part-owners, each owner has thirteen weeks of the year, which could be in April, August and December and in the next year March,July and November e.s.o

Second home-owner

For those owning 100% a second home going into co-ownership can be a solution to pay off the mortgage.

Second home search

For those looking for a holiday property, co-ownership can be the financial solution as well. There are already possibilities for a 1 share of 45.000.- euros in a very stylish, upmarket apartment.

Portal

Sandar properties has created a matching portal where second home- owners, as well as those looking for co-ownership can register (free of charge) and we will - based on the given info- coordinate, match and advice.

For more info about co-ownership also click on co-ownership