FAQs
Do you have any doubt? Here you will find everything you need to know about The Second Address
How soon can I sell my share in the collection?
We want to create a community where stability is vital. Therefore we have a lock up period of 2 years after the purchase of the share which will prevent the rapid changes among homeowners . The primary purpose for that period is to provide confidence and reliability for all collections and their homeowners.
How can I sell my share?
At the end of your lock up period you may sell your share yourself or we can do it for you. In case you find a buyer yourself you compensate the administration costs of The Second Address and you deal with the rest of it.
How easy is to resell the shares of fractional ownership?
Fractional ownership is a very trendy and profitable investment. Besides the high demand in real estate market for luxury homes fractional ownership there are many platforms where fractional ownership shares are traded. The concept we created under collections has added a major value to the fractional ownership shares of our homeowners since there is not much alternatives in the same concept offering shares of multiple luxury properties for the same price of a single home fraction share.
How much is the value of my share at the time that I decide to resell?
Every homeowner is free to sell their share at any price they like. If you do not have an idea about the market value of your share then you may ask the assistance of The Second Address and our experts will help you to determine the right selling price.
You may also use our annual report as a reference where we submit a detailed market analysis report for the properties and you can see the appreciaton of each property compared to the purchase price.