Myne Homes
Photo courtesy of Myne Homes

The concept of holiday home ownership has evolved significantly, and MYNE Homes is at the forefront of this transformation in Europe. The company has introduced a co-ownership model that changes how people acquire and use holiday properties.

Owning Premium Properties at a Fraction of the Cost

Myne Homes has challenged the economics of holiday home ownership by allowing two to eight co-owners to share a single property. This has dramatically reduced the financial barrier to entry. With investments starting from just €99,000, aspiring owners can now access premium properties that would otherwise be out of reach.

'Our goal at Myne Homes is to democratise luxury holiday home ownership,' says Fabian Loehmer, co-founder and managing director of Myne Homes.

'We believe everyone should have the opportunity to own a slice of paradise without breaking the bank.' This makes ownership more affordable and spreads the ongoing maintenance and management costs among co-owners, making the long-term financial commitment more manageable.

Exploring Myne's Diverse Property Portfolio

Myne Homes boasts an impressive and expanding portfolio of properties across eight European countries. From sun-soaked beachfront villas in Spain to cosy ski chalets in the Alps, the company offers various options to suit different tastes and preferences.

'We carefully select our property selection to ensure that each Myne Homes offering is in a prime location with year-round appeal,' Loehmer explains.

This diverse portfolio caters to various holiday preferences. It allows co-owners to potentially invest in multiple properties across different destinations, creating a network of home-away-from-home options throughout Europe.

Smart Scheduling

One key challenge in co-ownership is ensuring fair and equitable usage among all owners. Myne Homes has tackled this issue head-on with its smart scheduling system. This technology-driven solution gives all co-owners access to the property at desirable times throughout the year.

The app features a transparent reservation system with clear rules, allowing co-owners to book their stays and manage their usage easily. 'Our smart scheduling system is designed to maximise satisfaction for all co-owners,' says Loehmer. 'It considers factors like school holidays and personal preferences to create a fair and flexible usage schedule.'

Full Property Management Services

Myne Homes also removes the headache from holiday home ownership by providing complete management services. It handles legal and tax matters and even coordinates with service providers and authorities so co-owners can enjoy their property without worrying about the day-to-day management.

'We want our co-owners to focus on creating memories, not managing properties,' Loehmer states. 'Our team at Myne Homes handles everything, allowing owners to relax and enjoy their time at their holiday home.'

This full-service method includes professional renovation and furnishing of properties, ongoing maintenance, and even concierge services.

Flexibility and Accessibility

The startup also understands that flexibility is key to holiday home usage. The company's properties are designed and equipped for year-round use, allowing co-owners to maximise the value of their investment.

Additionally, Myne Homes offers the opportunity for co-owners to swap stays with other Myne properties, further expanding their holiday options. 'We believe in giving our co-owners the freedom to use their properties in ways that best suit their needs.'

Sustainable Living

Myne Homes is promoting a more sustainable method of holiday property ownership by solving the issue of underutilisation in traditional holiday home ownership. The co-ownership model uses properties more frequently throughout the year, reducing the environmental impact of vacant homes.

Furthermore, the company is implementing energy-efficient solutions in its properties. 'Sustainability and efficiency of MYNE properties are very important to us,' Loehmer shares, adding that the company is constantly exploring ways to reduce its properties' carbon footprint and promote responsible ownership.

The Myne App and Digital Platform

Myne's user-friendly digital platform and mobile app are at the heart of the Myne Homes experience. This technology allows co-owners to manage all aspects of their property ownership from their smartphones, including booking stays, requesting additional services, and communicating with other co-owners.

It is designed to make co-ownership as seamless and convenient as possible. From when a person invests in property to planning their next stay, its app puts everything individuals need at their fingertips.

Holiday Homes as a Stable Asset Class in Volatile Times

Beyond the lifestyle benefits, Myne Homes offers an attractive investment opportunity. High-quality holiday homes in popular locations have historically proven to be a stable asset class, often appreciating over time. Co-owners benefit from this potential appreciation that is proportionate to their investment.

Now that the demand for flexible and affordable holiday home options continues to grow, Myne Homes is well-positioned to expand its portfolio and meet the needs of a broader audience, offering innovative co-ownership solutions that make owning a premium holiday home more accessible than ever.