A recent Financial Times article (“Europe’s second-home market faces political pressure”) highlights a turning point for second-home ownership across Europe – and a growing appetite for innovative ownership models like co-ownership.

With rising housing prices, local shortages, and community backlash against overtourism, governments from Spain to the Netherlands are introducing stricter regulations. Spain is mulling tax increases on second homes; Lisbon, Berlin and Amsterdam are cracking down on short-term rentals. In the midst of these changes, fractional ownership is emerging as a more responsible and sustainable way to enjoy the benefits of a second home—without contributing to the problem.

At the forefront of this shift is MYNE Co-Ownership. By offering curated luxury properties, seamless service, and a legally sound framework for shared ownership, MYNE empowers buyers to invest smarter, travel more consciously, and enjoy their holiday home to the fullest—without the full-time burden or political headache.

Why Second Homes Are Under Pressure

The traditional model of second-home ownership is under scrutiny. Across Europe, concerns about rising property prices, ghost towns, and rental shortages have sparked local resistance—from slogans on Lake District cottages to national policy debates.

Key trends reshaping the market include:

• Tighter regulations on short-term holiday rentals

• Rising taxes on second homes and non-resident ownership

• Reduced availability of golden visa schemes

• Environmental and social pressures to use housing stock more efficiently

Despite these challenges, interest in second homes remains high—driven by lifestyle shifts, remote work, and long-standing travel preferences.

Key Takeaways from the Market Overview

The recent report on Europe’s second homes market highlights a mix of restrictions and adaptation strategies. Here are some of the most relevant developments:

• Spain proposed a 100% tax on non-resident, non-EU homebuyers, sparking debate about speculative investment vs long-term second-home ownership.

• The number of Airbnb listings in France doubled between 2019 and 2024, fuelling overtourism and local market distortions.

• Switzerland’s national ban on new second homes in saturated areas has led to more regulated and rental-based models.

• Branded residence schemes (e.g. Six Senses, W Residences) are expanding, offering luxury with structured rental obligations.

These changes signal that buyers are no longer just looking for property—they’re looking for value, flexibility, and social responsibility.

How MYNE Co-Ownership Offers a Smarter Alternative

In this climate of rising regulation and shifting expectations, MYNE Co-Ownership offers a future-ready alternative for second-home seekers.

✔ Shared Ownership, Reduced Impact

By allowing 2 to 8 owners to share one holiday home, MYNE reduces the number of underused properties while improving occupancy and lowering individual investment thresholds.

✔ Professional Property Management

MYNE handles everything—from legal compliance and tax affairs to furnishing and maintenance—ensuring a truly hassle-free ownership experience.

✔ Smart Scheduling & Fair Usage

With a tech-powered reservation system, all co-owners enjoy equitable access across high-demand periods, including school holidays and seasonal peaks.

✔ Diverse and Curated Property Portfolio

From Mallorca to the Alps, MYNE selects premium properties in prime locations—offering a variety of lifestyles and year-round usability.

✔ Sustainable and Responsible Ownership

Co-ownership is not only more cost-efficient—it’s also more sustainable. MYNE maximises the use of existing housing stock while integrating energy-efficient solutions wherever possible.

Why Now Is the Time to Rethink Second-Home Ownership

With governments tightening regulations and communities calling for more responsible tourism, the second-home market is undergoing structural change.

For buyers, this means:

• Traditional models are becoming more expensive and harder to navigate.

• Co-ownership models like MYNE’s offer access without full responsibility.

• Flexibility, transparency, and sustainability are becoming key differentiators.

MYNE revolutionises second home ownership with its co-ownership model, offering premium properties in stunning European destinations. The digital-first approach simplifies everything—from finding your dream home to managing legal matters and maintenance—ensuring a hassle-free experience. Enjoy luxury living without the stress, allowing you to fully relax and enjoy your getaway!