When you buy a time share you are paying only for the right to use the property at certain dates in a resort. In The Second Address model you are buying a share of a company (LLC specially tailored for purchase of property) where properties are purchased and registered. You will benefit from the appreciation of all the assets through out the years when the prices go up. Timeshares usually are not profitable invests and may end up with losses while fractional ownership is a profitable investment tool which your family can benefit through heritage in the future. Re – selling of time shares are also very difficult to find a buyer for the exact dates and location that you have but in The Second Address fractional home ownership model you co-own either one property or multiple homes through our collections with no restrictions of usage for particular fixed dates.

There are two ways to own a vacation home through The Second Address.

1- Create Your Own Fractional: By selecting any of the houses in the Second Address’s portfolio and sending us that you want to be a shareholder of this house by pressing the ‘Make This My Second Address’ button, our team will start the necessary work to transform the house into the Second Address model once the number of potential shareholders interested in the same house reaches a sufficient level. Properties that are in the process of being converted are removed from our portfolio for sale. During the conversion process of the house to the Second Address model, our team carries out the following tasks:

a- Conducts ‘due diligence’ on the legal and financial situation of the house and prepares a report

b- Identifies the deficiencies in the building by the technical team and prepares a list of work to be done

c- Makes an offer to the property owner based on the findings and, once an agreement is reached, establishes the company that will sign the purchase contract in which you will be a shareholder, and prepares all the necessary legal infrastructure

d- Carries out all necessary renovations and interior decoration of the house, purchases furniture, and completes all preparations for your move e- After the homeowners have moved in, it takes care of your house on your behalf under a maintenance and operation contract throughout the year and continues to work to ensure that your vacations go well.

2- Join One of Our Collections: You may choose to buy 1/16 share of one of our collections and enjoy full ownership of 4 luxury vacation homes in 4 different destinations.

We are excited to present to you our investment opportunity in real estate properties in Europe. Our investment strategy focuses on acquiring undervalued and distressed properties, allowing investors to start earning returns from day one. Through our brand, Second Address, we add value to the properties through refurbishment and interior design, resulting in approximately a 30% appreciation in the property value from the outset.

This added value not only increases the rental price but also enhances the sales price of the property, providing additional profitability for our investors. Furthermore, the properties are expected to experience appreciation over the years, varying according to the region where they are located.

As an example, one of our properties has a potential rental income of 234,000 euros annually based on average rental price of hot and low seasons through out the year. With % 65 occupancy rate it generates around 156 000 euro rental income. This property makes a profit of 106,000 euros after deducting the 50.000 euros of maintenance costs.

If you choose to buy from one of our collections instead of a single home then with a portfolio of four properties, our project is estimated to yield a total profit of 424,000 euros. As one of our 16 shareholders, you can expect an annual profit of 26,500 euros from your initial investment of 347,200 euros, resulting in a Return on Investment (ROI) of around 13 years.

We believe that this investment opportunity offers a strong potential for immediate returns and long-term appreciation, making it a lucrative choice for investors seeking profitable real estate investments in Europe.

Fractional ownership of a single home may sound as a good idea in the beginning but why to go for less while you may have better and more for same or sometimes even less money. That is the main reason why we chose to create collections that give more flexibility to homeowners compared to single home co-ownership models. Through our collections you own four homes with greater investment value in different locations with a usage flexibility of 12-20 weeks.

We choose houses from four different countries and regions that are located in the most popular vacation destinations in Europe. After ensuring that all four houses meet the criteria of “The Second Address”, we gather these properties under a single collection. We purchase these properties under a holding company that is established solely for this purpose and owned by only 16 families. As the sole owner of this collection, you become the sole owner of the properties. The difference between being a part of a collection and being a 1/4 shareholder of a single property is that, by paying the same amount, you become a 1/16 shareholder of 4 properties. As a homeowner, you will spend approximately 12 weeks in the houses, sometimes more depending on your vacation dates and family plans. Although there is no difference in usage periods, the main advantage of creating collections of houses is the diversification of investment risk among multiple houses in different destinations and the flexibility between lifestyles. You can sell your share in the properties at any time for any price, or leave it as inheritance to future generations.

By becoming a home owner with The Second Address, you automatically become a member of The Second Address Club through the shares you bought from the property or properties. All home owners are the members of a community under The Second Address umbrella consisting of like minded individuals . As a Club member, you can communicate with other members through the Partners Area section of the website, share all your experiences, and stay informed about local news and updates.

Additionally, by logging into the Partners Area section of the website with your membership details, you can swap a holiday reservation you made at your own property with another member who owns a property in a different location, without paying any additional fees. Through this house exchange feature, which is one of the most important advantages of The Second Address Club membership, you will enjoy the flexibility among different choices of houses and destinations.