"The startup MYNE Homes offers affordable shares for holiday homes"

Owning a premium holiday home in Europe has traditionally been a privilege reserved for a few. Imagine your dream holiday home—a beautiful place right by the sea, with 3-4 bedrooms—typically costing millions and out of reach for many.

The ARD format ‘plusminus’ visited our co-owners in their holiday homes and asked them about the topic of ‘co-ownership’. You can find out more about their experiences and additional expert opinions in the ARD report.

The ntv ‘Startup Magazin’ accompanied MYNE as part of its report on ‘Co-Ownership - buying holiday homes on a pro rata basis’ and looked at the concept in more detail. You can find out more about the experience in the ntv report.

Galileo visits the Brückner family in their MYNE holiday home, where they spent their summer holiday. In the report titled ‘Sharing Instead of Buying,’ Galileo showcases various co-ownership models. The family shares their experiences of fulfilling their dream of owning a holiday home in Mallorca and provides more 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 increase access to holiday home ownership and with it make holiday investible."

"Luxury holiday 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."

"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, underutilization and complicated property management."

"Mine, 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 Villacircle."

"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 boasts a unique portfolio of properties across seven European countries.[...] Through the MYNE platform, you can own a share of luxury properties starting at just €99,000. MYNE provides full property management and hassle-free maintenance as standard. Plus, you’ll enjoy the benefits of value appreciation and rental income from your real estate asset."

"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 holiday 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€."

"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 vineyard 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 Managed Co-Ownership platform of high-quality holiday properties... "

“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-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 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."

"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 CEO of MYNE, said: “Sweden is an engaging market with significant potential for various reasons.""

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

"The European market leader for managed co-ownership of high-quality holiday properties, MYNE, continues to expand. [...] Whether beach holidays, sailing or visits to the country's impressive national parks - Croatia offers travellers numerous opportunities. "

"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."