Why NOMADU Co-Ownership
Prices in favorite vacation destinations have risen dramatically in recent years. Consequently, ongoing fees and operating costs have also increased. Thanks to NOMADU co-ownership, each co-owner covers only a part of all the expenses including the buying price and maintenance.
A typical vacation property is used only 6-10 weeks by its owners per year. The property is empty for most of the year. This is not good for the property, its safety, nor for the environment.
The care of vacation properties can sometimes be a struggle, requiring extra effort due to physical distance, language barriers, tax, and legal systems. NOMADU is here to take care of everything, from professional purchase and management to evaluation and maintenance of the property.
NOMADU
Co-Ownership
Discover the simplicity of our NOMADU Co-Ownership concept, where 2 to 8 owners can collectively own their dream vacation house according to their wishes. By sharing the usage, fees, and rental income, NOMADU brings you the joy of hassle-free ownership. Just come, de-stress, and relax
– NOMADU takes care of the rest.
Select the expected date of your stay
NOMADU’s reservation system follows transparent rules and ensures flexible use by fairly dividing requested dates among all co-owners.
All NOMADU properties are situated in regions that offer excellent infrastructure, including gastronomy, throughout the year. Moreover, each of our properties is fully furnished for year-round use.
Luxury vacation properties in popular areas are increasingly sought for short-term rentals, promising an attractive profit. At NOMADU, we specialize in professionally managing short-term rentals for vacation properties.
We are taking care of everything!
A process that NOMADU will guide you through
Selection of high-quality vacation homes and apartments in popular destinations across Europe and the UAE.
Real estate offer
NOMADU Co-Ownership vs. Time Share
Is Co-Ownership right for you?
Second home ownership for 1/8 the cost
Second home ownership for 1/8 the cost
You get a significantly larger and better home for the budget you had planned to spend alone, and you get 100% hassle-free ownership of the property. Co-owning holiday homes is much more rational than having your own apartment sitting empty for most of the year.
Why owners
love NOMADU
As an economist, buying a whole house for just a few weeks a year seemed like a waste. There was no way to verify in Excel that ownership was always better than renting. That was until my friend told me about Nomadu and its co-ownership model, which made much more sense to me. The whole process was transparent, detailed, and precise, which made it easy for me to trust Nomadu to take care of my expenses as if they were their own.
Having a cottage in the Tatras has always been part of the plan – but two kids and work kept us tied to city life. Besides, the last thing my wife and I wanted were additional responsibilities associated with taking care of another home, whether it’s time or money. Nomadu changed our minds. Now we own a piece of beautiful Chalet where we can easily work remotely and vacation with our loved ones several times a year. I’m already thinking about another Nomadu by the sea.
The experience of arriving and leaving vacation homes is often uncertain and stressful. Our favorite vacation spots are not always available, and each new vacation represented a certain kind of risk. Nomadu changed that. Our villa in Croatia is our true home, we have everything we need there. The kids love it, and the surroundings of the villa constantly surprise us with new discoveries and adventures. We return every year, with each visit our bond to the villa and its surroundings deepens.
Buying and managing property remotely seemed too complicated for us. Then we came across Nomadu and their unique co-ownership model. We now own a stunning villa in Spain, which we wouldn’t dare financially, time-wise – maintenance, and legally – buying in another country. Each visit is a new adventure for us with new experiences that we will cherish forever.
It seemed unnecessary and costly to buy an apartment in Spain when we work in Slovakia. Then we discovered Nomadu. The co-ownership model opened our eyes. Now we have our own piece of paradise at a fraction of the cost, we always return when we have time. With Nomadu, everything is easy, we feel at home.
Frequently asked questions
There are several ways you can make money from real estate. Here are some of the most common:
1/ Rental: some properties can also be rented out to tourists in order to generate rental income from the property.
2/ Valuation: the properties offered by us are in locations with a high potential for property price growth. This means that you can later sell the property for a higher price than you bought it for.
3/ Buying a share: statistically, your share will increase in value and you can sell it at any time for a profit.
Not at all. NOMADU co-ownership differs from Time Share in the following and quite important ways:
With NOMADU, you own part of the house (not just the right to spend time there). You own an equity interest in the home and can benefit from any appreciation in property value over time. In contrast, with a TIMESHARE, you only own the right to use the property, usually for a certain period of time each year.
To sell a Timeshare, you must try to sell it back to the operator who sold it to you, which often results in a loss compared to your purchase price. Timeshare properties are typically hotel rooms or resort units, while NOMADU properties are self-contained vacation homes in prime locations selected by our experts.
The purchase price of the share includes:
-Purchase costs (land transfer tax, notary, legal structure, our commission)
-Legal advice when buying real estate
-Interior design including quality furniture
-Complex interior equipment down to the teaspoon
-Legal and tax structuring of NOMADU co-ownership
-Consultation
With NOMADU, you own a wonderful holiday home that you and your whole family will love – no worries about the whole house, no mortgages and no repayments.
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