Co-own and enjoy a fully-managed second home
Unlock the world of luxury property-and five-star stays in your own co-owned dream home without having to spend millions.
Co-ownership or fractional ownership with our partners at Lazazu means legally owning a prime property with up to seven others. Buyers can purchase up to 50% of a property in 1/8 increments and each 1/8 share brings 45 days of exclusive use.
For example, an entry price 1/8 share of a beautiful €980,000 3-bed home in prime Provence with a pool is €148,500.
Lazazu’s experienced team takes care of everything, from the purchase to the management of the property throughout the year. Owners’ friends and family are welcome to stay, as are rental clients should you wish to generate additional income.
Fractional ownership with Lazazu differs from the familiar concept of time share: it offers real deeded ownership and not just a right of use. There are far fewer owners than in a typical time share and the properties we offer are unique, high-end homes, rather than generic apartments.
HOW DOES IT WORK?
- Before: Lazazu sources well-appointed properties for sale and matches co-owners who share the same criteria – Home Hunts is helping Lazazu to find some of the best properties.
- During: Lazazu fully manages the purchasing process and, with the help of leading designers, upgrades and decorates the home.
- After: Owners reserve stays using a simple online reservation system and can sell their share at any time.
WHAT ARE THE KEY BENEFITS OF FRACTIONAL OWNERSHIP
- More for less: The average holiday home is used 30 days a year – fractional ownership better aligns capital outlay with usage.
- Lower costs: Property running costs are far lower when shared pro rata between owners instead of being shouldered alone.
- Hassle-free home owning: Lazazu not only finds, but also manages, the properties year-round for owners, creating a stress free “check-in, check-out” experience.
DON’T JUST TAKE OUR WORD FOR IT
Lazazu clients are happy to share their positive experiences:
“Co-owning and sharing the costs and hassle of running a unique property has proved to be a very sensible decision.” – Michael
“We co-own a large property and the owners have been together for many years now – it clearly works. I like Lazazu’s model where you have a third party taking care of everything.” – Ken
“I am very happy with the co-ownership set up and the legal structure protects all the co-owners.” – Riaan
Don't Just Take Our Word For it
Lazazu clients are happy to share their positive experiences:
