An investment in real estate – and in joy of life

Historically, investing in real estate has been favourable. Many people are familiar with the domestic property market, and most have a good sense of where in the country it is attractive to live. However, few have their finger on the international property pulse. We work every day in Italy, Spain and France and know exactly what’s happening there. And that benefits our owners when they invest in MyHomes homes.

We closely follow developments in the European property market and have in-depth knowledge of which countries have seen stable development in the property market, but also broken down into attractive regions and cities where there’s really something to be had. That’s why we’ve pre-selected the gems for future owners, which are not only great places to holiday, but also attractive areas to invest in real estate.

“Our experience with resale shares shows that the investment will flourish over time – and your mood. We like to say that you should not only invest for the sake of investing, but also for the joy of living.”

Finn Christensen, CEO and Founder, MyHomes

We know that not all owners know or necessarily love every location, but we can confidently say that these are places where you can lose your heart and rediscover your soul. And our experience with resale units is that the investment will flourish over time – and your mood. We like to say that you shouldn’t just invest for the sake of investing, but also for the joy of living.

You get a lot of freedom and flexibility in terms of holidays and experiences. You can stay in your homes, which represent a high level of luxury, and you can enjoy belonging where you live. You simply use your investment to enhance your quality of life, and it feels great to be able to share the splendour with your loved ones.

SPREADING AND SHARING RISK

Part of the peace of mind that comes with investing in MyHomes homes is about spreading the financial risk. Not only are you shouldering the initial investment, ongoing expenses and maintenance, but because the investment in the homes takes place in a number of different countries, any changes or challenges in one country’s property market will have very little impact on the pool of homes.

The homes are also purchased with cash, and each owner pays a deposit equivalent to 12 months of shared expenses. And because we have a keen and experienced eye for property potential, we usually hand over the keys with an immediate increase in value from day one of ownership.

YOU SELL IF YOU WANT TO

To ensure a quick start and maximum flexibility, an association is established in 5 phases. The owner association is formed when the first 6 owners have signed the purchase agreement. After that, the investment is deposited, the first property is purchased, renovated, furnished, and made available for use. Each of the subsequent four phases follows the same procedure until the association reaches 29 owners and all five properties are purchased and in use.

One of the exciting things about buying a share in a new MyHomes association is to follow the process from start to finish. We keep the owners updated on the development of the association, the purchase of homes, the renovation and the interior design, so they can follow along and look forward to moving into their new homes – one by one.

“The owners who have sold their MyHomes shares so far have realised an average return of 45%”.

Philip Starup Student, CFO, MyHomes

Buying into a new pool gives you the opportunity to enjoy five luxury homes in Europe while increasing the value of your investment. The shares of established associations are always attractive in a potential resale because a future owner can see and experience what they are buying on site and quickly start using the homes. For example, recent sales of PREMIUM shares have realised around € 365.000 and were originally purchased for € 215.000. The length of time a share is on the market is generally very low and the owners who have sold their MyHomes shares so far have realised an average return of 45%”.

Even though it is a good business to sell your share, the vast majority of people keep their shares for many years, as the investment in the homes provides an ongoing return on investment that cannot be calculated in monetary terms. This way, owners can enjoy the homes and the convenience of owning luxury homes in Europe.