Co-owning a holiday home has a luxe new look

A New Approach to Holiday Home Ownership

For decades, owning a holiday home was considered the ultimate luxury. Today, many buyers are rethinking whether sole ownership still makes sense. Holiday homes often remain empty for much of the year while owners continue to cover maintenance, administration, and running costs.

According to the Financial Times, a growing number of buyers now prioritise flexibility, convenience, and access over owning an entire property outright. Co-ownership offers an alternative: real property ownership combined with professional management and a hassle-free experience.

Convenience Is the New Luxury

From waterfront villas in Mallorca and Tuscany to countryside retreats and city residences, MYNE's portfolio offers access to some of Europe's most desirable destinations. Many owners choose co-ownership not because they cannot afford an entire property, but because they value the flexibility of enjoying multiple destinations without the responsibilities of managing a second home.

As highlighted by the Financial Times, modern buyers increasingly seek premium serviced homes, flexibility, and convenience. Co-ownership is emerging as a compelling alternative to traditional second-home ownership, offering access to exceptional properties while eliminating much of the complexity associated with owning them outright.

Many Germans still see outright ownership as a status symbol. They are looking backwards, not forwards.

— Flo, MYNE co-owner, quoted in the Financial Times