Owning a Svazer second home is true real estate ownership. The home is purchased and held in a property-specific Special Purpose Vehicle (SPV) such as a PLC and you co-own shares in the SPV giving you true ownership. Svazer manages the entity as well as the property on the behalf of the co-owners.

No. We take care of the entire process from identifying the property, doing the due diligence, legal paperwork and closing process, right up to registering the property in an SPV created specifically for each property. We only work with established and reputed developers to ensure the highest quality standards and transparency in the transaction.

As a service to owners, Svazer works with professional interior designers who decorate and furnish the home to suit its unique style and location. Our goal? To create luxurious surroundings for effortless living. We think you’ll love the modern finishes, smart tech and beautiful décor. Each home is meticulously well-appointed with everything you need to cook, relax and play, so you can just show up and enjoy your time.

You book time using the Svazer app, powered by our “Svazer Stay” scheduling system. It’s easy to use and equitable for owners, based on the number of shares you own. The system supports two types of stays: advance and short-notice.

Advance stays are scheduled 8 days to 24 months in advance, and each owner has access to an advance stay that falls on a special date (e.g., national holidays and popular local events). 

Short-notice stays are booked 2 to 30 days in advance of arrival. For homes with unsold shares, the short-notice booking window is shorter.

Owning real estate with others in a Special Purpose Vehicle (SPV) is not a new practice. People have been known to co-own real estate property in popular holiday destinations as well as other high value luxury assets such as Jets and Yachts, in a Do-it-yourself fashion either directly through a deeded asset registered in their joint names or through an SPV.  However, “DIY” SPV co-ownership is a hassle to set up & manage, and sometimes causes friction in personal relationships. Svazer’s technology-enabled solution ensures a hassle free experience to ensure  you get the most out of your second home.

Svazer helps people buy, own and enjoy a true real estate asset. Most timeshares, in contrast, sell the right to use a fixed amount of time in an apartment or hotel shared by dozens of people. These units are notoriously hard to sell due to a supply and demand imbalance. Svazer brings together a small group of co-owners to purchase a share of a single-family home and enjoy ongoing access. Svazer handles all management details, provides full transparency on SPV operating expenses, and facilitates a seamless resale on the open market once homes have been fully sold.

No. Svazer ownership is structured through a SPV. Owners purchase a share in the SPV, which holds the deed to the home. This structure provides homeowners with protection, privacy and flexibility. A Tenancy in Common is a specific type of ownership format with deeded ownership for each partial individual owner.

We budget for owner expenses annually and break the total into 12 monthly payments. Costs are shared between owners pro rata, based on the number of shares they own. Monthly payments are deposited into the SPV account, and Svazer uses the funds to cover expenses as needed. Monthly costs cover property management, preventive and routine maintenance, utilities, taxes, contributions to the reserve fund, and other expenses.

Svazer manages all aspects of co-ownership, including property management, directly or through partner service providers, maintaining the SPV and handling property tax and other necessary payments. Svazer also continuously  innovates and improves its app and other digital technology to help homeowners schedule and manage booking more efficiently. Apart from this Svazer also offers an exchange program amongst its properties and through partner platforms to give buyers more options to holiday at exotic destinations.  

Yes. Svazer facilitates and manages short time rentals for properties listed under “Rentable” category on OTA’s like Booking.com, AirBnb and/or similar platforms. Buyers  manage the option to choose the number of days and periods seamlessly through their app. Certain properties are not “Rentable”, in case local or building rules do not permit the same or if majority of the initial investors opt out of this option.

Yes. We manage both the SPV and the property, and in select markets we engage local third-party property managers on behalf of the owners. When working with trusted partners, we’ve established a technology-enabled feedback loop between owners and property managers to ensure communication is streamlined and quality is exceptional.

To maintain privacy for owners and their families, we do not facilitate meetups.

Don’t worry — you are protected. As the manager of your home’s SPV, Svazer will assume financial responsibility if another co-owner defaults on payments. This is one of the benefits of our ownership program.

We find that owners exhibit true pride of ownership and typically leave their home in excellent condition. To ensure a quality experience for every owner, homes are inspected after each visit. Any damages beyond regular wear and tear are charged to the owner who was using the home at the time.

Owners can sell their shares to another person at any time post consultation and confirmation through Svazer. Each application is thoroughly checked and reviewed before we accept it to make sure each one of you feel comfortable and safe.

Yes, as a true owner, any equity gains realized are yours.

All Svazer second home owners must adhere to our owner Code of Conduct. For example, owners are prohibited from renting out their homes which are not under the “rentable” category or hosting events that would be disruptive to the neighborhood.

No. Currently in most locations, financial institutes do not allow finance for co-ownership properties. However, we are working with some fintech organizations to provide seamless financing options. However, we do offer payment plans for under development and certain fit-out stage projects.