European vacations are dream getaways for millions. Whether it’s a Tuscan escape to savor Chianti or a French Alps adventure, the old-world glamour of Europe calls out to many. August, a holiday home co-ownership company, presents a unique opportunity for buyers eager to claim their own slice of European paradise.
Selecting a single dream destination for a vacation home in Europe can pose a challenge. However, with August, prospective buyers don’t have to limit themselves. The London-based firm enables individuals to purchase a shared stake in five different holiday homes in sought-after locations across the continent. Notable destinations include Tuscany, Barcelona, the South of France, Rome, Paris, London, the English countryside, and beyond.
Buyers who invest with August receive a 1/21 share in five different holiday homes, collectively held with 20 other investors. Owners can schedule private trips to their own European vacation homes, with on average 10 to 12 weeks annually divided among these glamorous locations. And August alleviates owners from typical homeownership obligations, seamlessly handling maintenance and upkeep.
The average August collection comprises 21 shared owners across five homes. So, how is the process designed to ensure that owners can fully enjoy their stunning vacation residences free of conflicts? Mélie Dunod, the CEO and co-founder of August, highlights their sophisticated points system, which helps ensure a smooth, frictionless process. Dunod emphasizes that a key part of the process involves curating homeowners with differing nationalities, travel habits, family statuses, and more.
“This strategic curation minimizes the likelihood of conflicting travel plans and desires among the co-owners. By incorporating a diverse range of preferences and habits, we create a harmonious environment where families can enjoy their designated weeks without significant overlap,” says Dunod.
There are four primary tiers of August homeownership. The Signature collection features luxurious three- to four-bedroom properties in four locations. August’s Premium collection offers more upscale, four- to five-bedroom properties in five other destinations. And the Prime collection stands as the highest-end option. This presents four exquisite, spacious home options with 5+ bedrooms, divided among a more exclusive group of owners. Also, the Pied a Terre collection offers scenic two-bedroom apartments in five big-city destinations across Europe.
“Each August home is a unique expression of its region, meticulously selected and transformed by the August interior design team. From the luxurious Signature collection to the opulent Prime and urban chic Pied a Terre options, every property captures the authentic essence of its surroundings.”
– Melie Dunod, August Co-Founder & CEO
So, what is the process of becoming an August owner? “Joining August is a two-way conversation. As clients ensure that August is the right fit for their vacationing needs, we also ensure that they are the right fit for the collection,” notes Dunod. “This ensures that the matching process isn’t rushed, and both parties can make informed decisions about the partnership.”
August stands out by enabling owners to diversify their property portfolio across five exciting destinations. It still offers many of the same benefits as traditional property ownership, including the prospect of generational continuity. You can pass down these collections for generations, ensuring that the vacation homes become a lasting part of your legacy.
August is an unparalleled service that allows buyers to enter some of the most stunning markets across the European continent, and the company is constantly evolving to cater to the needs of their owners. “Excitingly, there are numerous partnerships and initiatives currently in the pipeline. These endeavors are set to transform the way people savor their vacation experiences, promising an even more enriching and unforgettable time for our homeowners,” says Dunod.
