A recent EY study shows how co-ownership models can make premium holiday property accessible to one in four Germans.
Reading the study
A recently published EY study sheds new light on the property sector, especially in the field of holiday real estate. According to the study, the co-ownership model could make the dream of premium holiday property achievable for one in four Germans. These findings open up compelling perspectives for investors, owners and future buyers alike. The full article and the study results were referenced by Sunny Homes via Business-on.de.
What is co-ownership?
Co-ownership is a form of property acquisition in which several parties share an apartment or holiday home. Each owner has the right to use the property for a certain period each year, significantly reducing both acquisition and maintenance costs.
The advantages of co-ownership
The EY study emphasises that co-ownership does not only lower the financial burden for an individual buyer. It also opens access to property in prime locations that might otherwise be unaffordable. At the same time, it encourages more sustainable use of resources because the property is occupied and maintained throughout the year.
Why now?
At a time when flexibility and efficiency are becoming more important, the co-ownership model aligns well with the needs of many potential buyers. The pandemic also reinforced the desire for a safe retreat and for meaningful time off. Co-ownership makes that level of quality accessible even to buyers with upper-middle incomes.
Outlook
The EY study underlines that co-ownership is far more than a financial decision. It reflects a lifestyle centred on flexibility, sustainability and shared use. For the real-estate sector, this could mark a broader shift toward collaborative ownership models and away from purely traditional possession structures.
Co-ownership may therefore represent not only a meaningful change in the holiday-home market, but also a wider rethink of how ownership and residential use are understood.
For further detail on the EY study and the opportunities associated with co-ownership, the original Sunny Homes article pointed readers to Business-on.de.
