The smartest way to your own dream vacation home

"Luxury vacation homes in demand even during the crisis: Berlin start-up MYNE Homes is expanding to Sweden. The company offers co-ownership of holiday homes, from 50,000 euros equity. The founder sees great opportunities in Scandinavia."

"Mine, yours, our vacation home. The startup MYNE allows customers to purchase shares for a vacation home online. Now the proptech is taking over its competitor Villacircle."

"The luxury holiday home-startup MYNE acquires its rival for several millions. The Berlin-based company wants to expand in Europe and wants to recreate the US success with its sharing model for holiday homes. The acquisition of Villacircle should enhance its growth."

"The Berlin-based company MYNE is further cementing its position as the European market leader for managed co-ownership of high-quality holiday properties. After Germany, Austria, Italy, Spain, Portugal and France, the company, which was founded in 2021, is now expanding its offering to include vacation homes in Sweden."

"MYNE’s idea broken down: A seven-figure view for a five-figure price."

"MYNE sells shares for luxury holiday homes […] that MYNE customers do not rent like an Airbnb but acquire with other people a shared property. Its portfolio entails thatched roof houses at the Baltic Sea, lofts in Ibiza, and chalets in the mountains of Austria. The idea is that MYNE searches and purchases these holiday homes which customers can invest in from 50,000€."

“When the wish of a holiday home becomes reality.”

"MYNE Homes wants to make selected holiday homes affordable."

"The Berlin-based real estate startup MYNE acquires its German competitor Villa Circle. MYNE sells shares for holiday homes and was able to collect 23.5€ million from investors (as Tagesspiegel reports). The acquired company Villa Circle […] offers shares for holiday homes in Spain, Austria, Germany, and France […]."

"Who owns and not only rents out profits from increases in value. This especially holds true at popular destinations. […] Holiday homes are also a financial investment."

"How does the business model exactly work? – Our business model makes it possible to divide the acquisition and maintenance costs of holiday homes proportionately among co-owners while achieving the ideal utilization of the property…"

"MYNE wants to enable more Germans to own their own holiday homes with the so-called “Managed Co-Ownership”. To achieve this, they bring people together to share ownership. Their promise: “We make owning a high-quality holiday home either in Germany or abroad easier than ever before in a value-optimized way.""

“The real estate market is large and fragmented and therefore, confusing for small investors. […] Digital platforms make it possible to overcome these barriers and provide direct access to a new target group.”

"Co-ownership is the game changer for those who dream of owning a holiday property in a top location but are put off by the high monthly costs. [...] This makes the dream of a lucrative or even important investment for own use possible for more people, even with rising interest rates."

The young company's business model is quickly outlined: According to Löhmer, Myne Homes looks for attractive holiday properties in popular holiday regions. "We buy the properties, upgrade them and transfer them into a legally and fiscally optimised structure for co-ownership." Customers can then purchase their share "at the click of a button" via the website.

"The German start-up scene relies on MYNE - a start-up that enables the partial purchase of a holiday property from 50,000 euros. The company takes care of the furnishing and management of the holiday home in what is known as co-ownership."

"In the world of the property market, a fascinating approach has recently become established that focuses not only on financial foresight but also on social contact: The co-ownership model of holiday properties."

"The MYNE concept: share the costs, enjoy the benefits. What stops most people from investing in a holiday property is the unsuitable cost-benefit ratio, explains Thomale. "The purchase and maintenance costs are too high for most people and investing in property, as well as the ongoing operation - especially abroad - is complicated."

"As the holiday market starts to bounce back after COVID, fractional ownership of holiday homes is becoming increasingly popular."