Exploring the appeal of owning multiple homes across the globe
Owning multiple homes has evolved into more than a symbol of success — it is a lifestyle strategy that prioritizes choice, flexibility, and immersion in the world’s most sought-after destinations. For many, curating a portfolio of second homes in iconic cities means enjoying a new standard of living, where each address offers its own rhythm, amenities, and cultural vibrancy. This lifestyle provides year-round access to curated experiences, from art and fashion in Paris to mountain pursuits in Aspen, and seaside leisure in Palm Beach. With the rise of co-ownership options, building a global real estate portfolio has never been more accessible for those who value both flexibility and sophistication. Staying informed about luxury real estate market trends can help buyers make strategic decisions as they expand their property holdings.Key lifestyle benefits of a global portfolio
A thoughtfully curated collection of luxury homes allows you to seamlessly transition between vibrant metropolises and tranquil getaways, all while enjoying the comforts and distinctiveness of each location. Whether you’re drawn to the cultural allure of Paris, the outdoor recreation of Aspen, or the classic elegance of London, owning multiple homes means each season offers a new adventure. The experience goes beyond the walls: it’s about spontaneous weekends in the Alps, private dinners overlooking the Seine, and sunrises on Florida’s coastline. Co-ownership enhances this flexibility, empowering you to enjoy prime residences without the constraints of full ownership. The Pacaso approach transforms second home ownership from a distant aspiration to a tangible reality for many seeking this dynamic, travel-rich lifestyle.Smart financial strategies for owning multiple homes
- Lenders for luxury homes often require higher down payments, sometimes 30 percent or more.
- Co-ownership models, like Pacaso, may enable up to 70 percent financing of the home’s value, with certain companies acting as a guarantor for buyers.
- Using equity release loans or asset-backed lending can optimize your capital while expanding your portfolio.
- Tax considerations are crucial; locations like London have imposed notable council tax premiums on second homes, while in France buyers benefit from lower purchase costs and capital gains relief after five years.
- Consult a knowledgeable advisor to navigate evolving tax policies, such as the updated stamp duty rates in the UK or specific regimes for furnished rentals in France.
Luxury real estate market trends in 2025
- Prime markets like Aspen, London, and Paris see sustained demand due to exclusivity, location, and amenities.
- Nearly half of recent luxury home purchases are conducted in cash (according to Redfin), reflecting the financial strength of buyers in this segment.
- Smart features, security, and proximity to top attractions are highly valued among owners building their international portfolios.
- Portfolio diversification remains a key strategy, helping to mitigate risk and adapt to evolving market conditions. Understanding luxury real estate market trends is essential for those interested in owning multiple homes and maximizing their investment potential.
Iconic homes in top destinations
A truly global portfolio is defined by distinctive homes that reflect local character and elevate day-to-day living. For example, Paris is celebrated for refined apartments with historic details and prime locations, London for its blend of tradition and contemporary design, Aspen for its alpine elegance, and Palm Beach for classic coastal sophistication. Each residence becomes a personal touchstone in a collection that is both a gateway and an investment, offering you the flexibility to enjoy art openings, seasonal festivals, and exclusive events as a local. Pacaso’s curated selection of homes across these cities sets a new standard for modern global living, giving you the opportunity to experience — and own — a piece of the world’s finest neighborhoods. Among these, Rue du Bac in Paris stands out, offering a quintessential blend of authentic French architecture and refined ambiance, and demonstrating the value of adding culturally rich addresses to your second home collection.Tips for building your own second home collection
- Prioritize destinations that reflect your passions, whether cultural, adventure-oriented, or coastal.
- Work with specialized advisors familiar with cross-border ownership, tax considerations, and financing.
- Monitor local market trends and regulations to anticipate holding costs and resale value.
- Consider innovative models like Pacaso’s co-ownership for greater flexibility and lower capital requirements.
- Plan for succession and inheritance to preserve long-term value and enjoyment for your family.
