Main reasons why co-ownership is better for you
These differences are so crucial, that they can make the difference between a largely unpleasant experience, and an ideal arrangement. When you search for testimonials centered on timeshares, it is quite common to encounter stories of frustration, unsatisfying experiences, and costly decisions. On the other hand, co-ownership through a limited liability company has a proven track record of ease, satisfaction, and fair expenses.
Own a part of a second home
At the root of the differences between these two property sharing systems is the key fact that with Secconda you actually own a part of a second home, whereas through a timeshare you own a period of time to stay at a second house. Our system provides tangible real estate ownership without all the hassles. Your share in your second home is real property, an actual real estate asset. Since it is an actual asset that means that it’s value follows the market, with any equity achieved going to you and your co-owners. Our clients often find that they can only truly feel at home when they know their home belongs to them, whereas it is challenging to form a sense of familiarity and comfort when they only own a piece of time.
Use your home recurrently throughout the year
Another reason why co-ownership through a limited liability company is recommended over timeshares is that with Secconda you may use your home recurrently throughout the year. Each share in a Secconda Home grants 44 stay nights in a 365 day period. Co-owners are not bound to a specific week or weeks every year as they are with timeshares. With Secconda you have greater flexibility to book weeklong or shorter stays, mid-week or weekend trips booked on the go, and even the ability to schedule a specific stay two years in advance. In fact, program stays can be scheduled between 8 days and 24 months ahead of time, or on the go stays can be scheduled with only two days' notice. Even better, each share guarantees one special date per year, such as New Year’s Day, Easter, Labor Day, or Christmas. Still, you are not locked in to a particular holiday, so if you don’t get your first choice one year, you will have recurring opportunities to get it! To schedule a stay at your home all you need to do is use the SeccondApp, it’s quick, easy, equitable, and efficient.
Meanwhile, with a timeshare year after year you are bound to the same week. Even if a shifting or floating week is offered, it is often severely limited to a small number of possible dates. Either way, those weeks can’t be split up, and your daily activities can easily get in the way of actually using your time.
There is a maximum of co-owners for each home
A third essential consideration is the actual size of our co-ownership groups. There will be a maximum of 8 co-owners for each Secconda home. We keep a limit of eight shares for each home, which means that you and another possible seven co-owners will be the only ones using the home, one at a time. Co-owners, who are previously vetted, can bring their family, friends, or even pets, but Secconda homes are never rented. This means the people sharing the home will have the same sense of pride, ownership, and love for their second home. Naturally, we still inspect and thoroughly clean after each stay, ensuring the home will be ready for the next co-owner.
On the other side, with a timeshare you may have to share with as many people as there are weeks in a year. A possible 52 people use the house on a rolling basis, with far less assurances that the property will be cared for and truly prepared to receive its next visitor. With additional timeshare programs allowing for exchanges, rentals, and point swaps, you could be looking at a number of visitors comparable to the patronage of a small hotel.
Care in the details
The fourth crucial difference between Secconda homes and timeshares is the amount of care, love, and dedication that go into each Secconda home. Every Secconda home is carefully curated like a piece of art. Homes are found in the best locations in Europe and abroad, each with their own stunning elements, all purely unique. They are selected for their style, aesthetic, singular location, or high demand. Our passionate team of interior designers then arrives at the home to carefully craft the perfect space. Full furnishings are introduced, along with modern appliances, excellent amenities, and a touch of love. We strive to create luxurious home environments where you can feel relaxed, carefree, and most of all at home.
Most timeshare owners have a very different experience. Condos and units are mostly found alongside identical properties. Their interiors reflect practical but copy pasted designs and amenities. Owners may find it difficult to create a sense of home in a property that more closely resembles a hotel layout. Furthermore, the sheer number of potential possible neighbors make it harder to ensure harmonious and respectful co-existence, so a stay could be ruined by unruly or loud neighbors.
Sell your share easily
The fifth key difference between Secconda homes and timeshares, lies in the resale process. Whereas selling a timeshare can easily turn into a nightmare and financial loss, reselling your share of a Secconda is as simple as selling a whole home. Even though we hope your second home will be with you for many years, for some owners they are even passed down for generations, we recognize that some co-owners may need or want to sell. When the time comes, sellers will have a smooth and easy experience. We want to make sure selling is as easy as buying. You as the seller decide on the list price of your share or shares. You work with a real estate agent, just as you would do for a whole home. The share is then listed and marketed just like conventional listings.
Unfortunately reselling a timeshare can be a headache, if not a straight up nightmare. The market is oversaturated with sellers offering timeshares, for only a reduced group of potential buyers. Due to this imbalance in supply and demand, prices go down constantly and competition is fierce. Many have to sell at a significant loss, if not having to almost gift out their timeshare. Timeshares can be found for as little as hundreds of dollars on online markets.
These key reasons are why most buyers find that Secconda ownership is a better fit for them than a timeshare. Secconda homes are a luxury and joy, made manageable and simplified. Secconda homes are about living and enjoying a true second home, without breaking the bank or being bound by a strict schedule. Secconda homes are unlike any others, curated and flexible, beautiful and unique, made hassle-free by our handling of maintenance and management.
Let's find the second home of your dreams,
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