Owning a luxury holiday home can be a long-term dream for many Australians. With the introduction of the Ko co-ownership platform to the Asia-Pacific region, that dream no longer has to take years. 

While luxury home co-ownership is new to Australia, the investment option is a rising trend in the U.S. and Europe. The co-ownership model used by Ko is not a timeshare-style arrangement. The value of each Ko home is divided into eight equal shares. Buyers can purchase from one to four shares, with each share equalling up to 42 days of use throughout the year. Every owner retains true ownership of their share or shares and can resell shares at their preferred price at any time. 

For owners and holidaymakers, there are several benefits to co-ownership of a luxury holiday home with Ko.

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#1 Less holiday hassles.

Managing a holiday home can be a bit of a headache when you live further away from it. From handling ongoing maintenance to utilities, insurance and cleaning between bookings, there’s much to keep on top of. With Ko, you hand all of that management responsibility over to its professional team, so that you can just enjoy the good life. 

#2 Sweat your investment while you take it easy.

Sole owners of a holiday home often find they only use the property for a small portion of the year. Co-ownership makes your investment work harder for you at the fraction of the usual cost. You only pay for your share of a property, divide the maintenance costs between other co-owners and still have an equal say in future property decisions.

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#3 Spice up your holidays with variety. 

Why invest in just one luxury property as a sole owner when you can spread your investment across more than one holiday home at various locations? Ko homes and its co-owners are eligible to access THIRDHOME, a network of more than 14,000 luxury homes around the world. With THIRDHOME, owners can trade their unused time at their property for a different destination worldwide. Swap luxury for luxury, and open up your travel to more than 1,700 destinations.

Ko properties are already available in popular holiday locations including Byron Bay, the Central Coast, Newcastle and Lake Macquarie, Sydney’s Northern Beaches and the Southern Highlands of NSW. International properties are also available in Indonesia, Japan and Malaysia, with Thailand and New Zealand about to be added to the list. 

Below are two of the latest property additions to the Ko collection, adding South East Queensland to its list of desirable holiday destinations.  

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Mermaid Beach, Gold Coast

The surrounding locale of Mermaid Beach is renowned for its laidback and luxurious beach lifestyle, with beautiful white sandy beaches, trendy cafes and restaurants, and a vibrant surf culture. The suburb is one of the jewels of the Gold Coast, a dynamic experience city known for its stunning beaches and its upscale shopping, dining and nightlife options.

This brand-new 4-bedroom property at Mermaid Beach is a dream come true for lovers of beachside living and entertaining. You’ll be spoilt for choice between the alfresco terrace with an inground plunge pool, a rooftop entertaining terrace with 360° views of the sea and surrounds, and an entire level inside dedicated to socialising. 

Spread across five levels, this prestigious villa comes with state-of-the-art technology including smart room controls, air-conditioning, security and irrigation, a lift and a garage with an electric charging station and three car spaces.

With an overall value of $3.2 million, each share in this luxury home costs just $400,000. 

Image: Pelican Waters Sunshine Coast   Source: Ko Homes

Pelican Waters, Sunshine Coast

This 4-bedroom waterfront home at Pelican Waters is an urban resort in the heart of the Sunshine Coast. The region is known as a laid-back and relaxed destination that boasts some of the most beautiful beaches in Australia. From Noosa to Mooloolaba, the Sunshine Coast has pristine coastlines and crystal-clear waters offering up a range of sports and activities on and around the water.

A central 7x4m swimming pool is surrounded on three sides by the bedrooms and three bathrooms, and is designed to bring the outdoors in and blend seamlessly with the indoor areas. With ample natural light, this sleek and innovative design brings a feeling of warmth and elegance to the heart of the home. There’s also a 12m pontoon with side access for a boat, car, caravan or jet ski, to make use of the area’s stunning waterways.

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This Sunshine Coast home was winner of the Master Builders regional, state and national awards for Home of the Year in 2020. With an overall value of $4 million, each share in this luxury property costs just $500,000.

You can find more information about these properties and co-ownership at ko.homes. Or contact the Ko team to answer any of your questions about co-ownership, finance options and other property details. 

For more details, please download the Information Memorandum here or contact us.

Any information or advice contained in this blog is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice in this blog, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. You should also seek independent financial advice prior to acquiring a financial product.

Related Reading:

We ask one of the founders of Ko our top questions about luxury property co-ownership

Ko brings luxury holiday homes within reach of more Australians

Thinking about a holiday home? Forget all the hassles with Ko