MYNE ON THE FINANCE FORWARD PODCAST

How MYNE Homes Revolutionizes the Holiday Home Market with Co-Ownership

In an engaging conversation with the Finance Forward Podcast, our founder Nikolaus Thomale explains how co-ownership of holiday properties works, what to watch out for, and how you can benefit from this unique concept.

Podcast Highlights

Co-Ownership and Holiday Properties Explained: Learn how co-ownership can help you realize your dream of owning a holiday home.

Market Potential: The opportunities in the fragmented European holiday property market.

Investor Benefits: Low entry costs, flexibility, and professional management.

Practical Examples: Hear real experiences and returns achieved with holiday properties.

The Purchase Process: Simple and digital - this is how share acquisition works.

Why Co-Ownership is the Future of Holiday Property Ownership:

Affordability: Start from €50,000 instead of millions.

Flexibility: Use your property or rent out your share.

Professional Management: We handle everything from search to management.

Returns: Benefit from value appreciation and rental income.

Risk Diversification: Share costs and risks with other investors.

What is Co-Ownership?

In this episode of the Finance Forward Podcast, we discuss the revolutionary co-ownership model, also known as shared ownership. This model allows investors to buy shares in holiday properties, which they can both use and rent out. This significantly lowers the entry barriers, as investors do not need to buy the entire property but only a share starting at €50,000.

How Does the MYNE Homes Model Work?

Nikolaus Thomale, founder of MYNE Homes, explains the innovative concept of his company in a conversation with Caspar Tobias Schlenk of Finance Forward. MYNE Homes offers investors the opportunity to buy shares in holiday homes. With a starting capital of €50,000, investors can become part owners of a holiday home. This share allows them to use the property, rent it out, and benefit from its appreciation. The investment is divided among multiple investors, significantly reducing risks and costs.

The Holiday Property Market

Nikolaus Thomale explains that there are about 20 to 24 million properties in Europe used as holiday homes. These properties are owned by as many owners, making the market highly fragmented. Although more than half of people dream of owning a holiday property, less than two percent actually do. This is often because holiday properties are expensive to purchase and maintain, and they remain unoccupied most of the year.

Advantages of the Co-Ownership Model

Lower Entry Costs: A major advantage of the co-ownership model is the lower capital requirement. Instead of paying millions for a holiday property, investors can start with just €50,000.

Flexibility and Use: The model’s flexibility allows owners to use the property as needed or resell their share. Investors can also rent out their shares to generate additional income.

Professional Management: MYNE Homes takes care of the entire property management, from search and financing to furnishing. This also includes ongoing maintenance and management, so owners don’t have to worry about anything.

Practical Examples and Testimonials

Nikolaus Thomale, the founder of MYNE Homes, is a convinced user of his own product. He shares his positive experiences with the model and highlights that he has made good profits through buying and selling shares. On average, secondary sales have yielded returns of 10 to 14 percent, showing that the model is both emotionally and financially attractive.

The Share Purchase Process

The purchase process at MYNE Homes is simple and digitalized. Investors buy shares in a Germany-based GmbH & Co. KG that owns the holiday property. This simplifies legal and tax aspects and allows easy transfer of shares.

More about MYNE Co-Ownership

Conclusion

MYNE Homes offers an innovative solution for owning holiday properties. Through the co-ownership model, more people can realize their dream of owning a holiday property without bearing the high costs and risks of sole ownership. This model is not only financially attractive but also offers the flexibility and convenience that modern investors seek.

comparison

Buying a share of a holiday home: What sets apart timesharing and co-ownership?

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concept co-ownership

Co-Ownership - be a co-owner in the property of your dreams

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experiences

"Our first holiday exceeded our expectations many times over..."

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2
2.5
Kappl | Tyrol | Austria
Silvretta Peaks
€179,000
per 1/8 share
incl. purchase costs, upgrades and equipment
3
4.5
Chamonix | Mont-Blanc | France
Chalette Chamonix
€239,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
2
Mayfair | London | England
Mayfair Elegance
€289,000
per 1/8 share
incl. purchase costs, upgrades and equipment
3
3
Sa Ràpita | Mallorca | Spain
Sunshine Retreat IV
€189,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
2
Kappl | Tyrol | Austria
Alpine Sky
€119,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
2.5
Sellin | Baltic sea | Germany
Baltic Oasis
€189,000
per 1/8 share
incl. purchase costs, upgrades and equipment

Discreet Marketing

2
2
Fieberbrunn | Tyrol | Autria
Brunn Alpin
€179,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
2.5
Lisbon | Lisbon | Portugal
Lisboa Skyline
€179,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
2
Ahrenshoop | Baltic Sea | Germany
Strandhaus Ahrenshoop
€219,000
per 1/8 share
incl. purchase costs, upgrades and equipment
1
1
7th Arrondissement | Paris | France
La Vue Eiffel
€219,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
3.5
Morzine | Portes du Soleil | France
Morzine Chic
€279,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
1
Sant Marti | Barcelona | Spain
Terraza Sant Martí
€139,000
per 1/8 share
incl. purchase costs, upgrades and equipment
1
1
Garmisch-Partenkirchen | Bavaria | Germany
Alpengrün
€189,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
3.5
Les Gets | Portes du Soleil | France
Cachette des Gets
€189,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
2
Westminster | London | England
Thames Panorama
€359,000
per 1/8 share
incl. purchase costs, upgrades and equipment
3
4
Cavalese | Trentino | Italy
Trentino Chic
€299,000
per 1/8 share
incl. purchase costs, upgrades and equipment
2
2
Neuilly-sur-Seine | Paris | France
Neuilly Seine
€249,000
per 1/8 share
incl. purchase costs, upgrades and equipment

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