"The startup MYNE Homes makes ownership of holiday homes affordable"

Owning a premium holiday home in Europe has long been a luxury reserved for the few. Picture your dream getaway—a stunning seaside retreat with three to four bedrooms, once only attainable at multi-million-euro prices. Today, this dream is becoming a reality for many more.

The ARD programme 'Plusminus' paid a visit to our co-owners in their holiday homes to explore the topic of co-ownership. Discover their personal experiences and gain further insights from experts in the full ARD report.

The ntv programme 'Startup Magazin' joined MYNE for a closer look at the concept of co-ownership as part of its report, ‘Co-Ownership – Buying Holiday Homes on a Pro Rata Basis’. Explore the full story and learn more about the experience in the ntv feature.

Galileo visits the Brückner family at their MYNE holiday home, where they spent their summer holiday. In the feature titled ‘Sharing Instead of Buying’, Galileo explores a range of co-ownership models. The Brückners share their personal journey to realising their dream of owning a holiday home in Mallorca, offering valuable insights into the managed co-ownership concept with MYNE.

"The house on the coast or the cabin in the mountains is expensive. Why not buy it together and then use it individually? The start-up MYNE makes this possible."

"For individuals seeking to own their next home without the usual burdens, the company offers an inventive co-ownership model that promises accessibility, efficiency, and peace of mind. [...] This offers a practical solution to the high costs and inefficiencies often associated with owning a home."

"MYNE Homes, a Berlin-based property tech startup that recently secured €40 million in funding, is proud to introduce its co-ownership model for premium holiday homes across Europe. Through its platform, multiple co-owners can purchase shares in luxury properties, with prices starting at €99,000. MYNE Homes’ goal is to make holiday home ownership more accessible – and to turn holidays into a smart investment.

"Even during times of crisis, luxury holiday homes remain in high demand. Berlin-based start-up MYNE Homes is now expanding into Sweden. The company offers co-ownership of premium holiday properties, with equity contributions starting from €50,000. The founder sees strong potential for growth in the Scandinavian market."

"The concept of holiday home ownership has evolved significantly, and MYNE Homes is at the forefront of this transformation in Europe. The company has introduced a co-ownership model that changes how people acquire and use holiday properties."

"According to market studies, over 50% of people dream of owning their own holiday property, with only 2% being able to make that dream come true. MYNE Homes' co-ownership model solves challenges in the holiday home market, such as high costs, underutilisation, and complicated property management."

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

"The launch of MYNE Homes' model coincides with growing global interest in co-ownership. Spearheaded in 2020 by American unicorn Pacaso, co-ownership is now trending globally and experiencing strong growth in demand across Europe. At a time of inflation and rising interest rates, co-ownership offers a compelling cost-benefit ratio for holiday property ownership."

"MYNE Homes offers a unique portfolio of premium properties across seven European countries. Through the MYNE platform, you can purchase a share in a luxury holiday home from as little as €99,000. MYNE takes care of full property management and hassle-free maintenance as standard. In addition, co-owners benefit from potential value appreciation and rental income from their real estate investment."

"The luxury holiday home start-up MYNE has acquired its rival in a multi-million euro deal. The Berlin-based company aims to expand further across Europe and replicate the success of the co-ownership model already established in the United States. The acquisition of Villa Circle is expected to accelerate 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 holiday homes in Sweden."

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

"MYNE sells shares in luxury holiday homes, offering customers the opportunity to co-own premium properties rather than rent them like an Airbnb. The portfolio ranges from charming thatched-roof houses on the Baltic Sea, to stylish lofts in Ibiza, and alpine chalets in the Austrian mountains. The concept: MYNE sources and acquires these holiday homes, allowing customers to invest from as little as €99,000."

"Do you also dream of buying a holiday home? But is it really a smart investment? Everything you need to know before you invest in a traditional house in Tuscany or a beach house in Bali."

"A fraction of luxury: How Sweden’s becoming the new home to co-ownership. One significant player in this evolution is MYNE, a Berlin-based company that has established itself as a managed co-ownership platform of premium holiday properties... "

“When the wish of owning 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 […]."

"Those who own rather than simply rent out a holiday home benefit from potential increases in value – particularly in sought-after destinations. A holiday home is not just a place to relax; it’s 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 utilisation of the property…"

"MYNE wants to enable more Germans to own their own holiday homes with so-called “Managed Co-Ownership”. To achieve this, they bring people together to share ownership. Their promise: “We make owning a premium holiday home either in Germany or abroad easier than ever before in a value-optimised 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 is placing its trust in MYNE – a company that enables the partial purchase of holiday properties from €50,000. Operating under a co-ownership model, MYNE handles everything from furnishing to full property management, offering a seamless and stress-free ownership experience."

"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."

"Berlin-based MYNE, a platform for fractional co-ownership of holiday properties in Europe, is expanding to include holiday homes in Sweden."

"Nikolaus Thomale, Founder and Managing Director of MYNE, said: “Sweden is an engaging market with significant potential for various reasons.""

"The company is now offering shares of holiday properties in Croatia. The portfolio currently comprises five new-build villas and penthouses on the Istrian Peninsula and in Dalmatia."

"MYNE, the European market leader in managed co-ownership of high-quality holiday properties, continues its expansion. Whether it’s beach holidays, sailing adventures, or exploring the country’s stunning national parks – Croatia offers travellers a wealth of experiences."

"Higher inflation has made buying a holiday property even more attractive for some, says Nikolaus Thomale, Founder and Managing Director of the co-ownership platform MYNE, which enables co-ownership of holiday homes. It also allows some buyers to combine the pleasant with the useful."