How fully managed ownership removes second home hassle
Published Date: February 15, 2024
Your holiday home should be a place to relax and unwind — without having to worry about tedious chores like mowing the lawn, paying the bills or finding a repair person to fix a broken dishwasher. To that end, Pacaso offers fully managed co-ownership. But what does that really mean? We simplify the experience of owning a holiday home so you can enjoy all the benefits of ownership without all the hassles. Here are four of the ways we make it easier and more enjoyable to own and use a second home.
Stylish interior design and furnishings
Outfitting a second home can be time-consuming and costly, so we make sure your place is ready for comfortable living from day one. Our goal is to provide you with a holiday home that is both beautiful and functional. Our team of interior designers gives each home a thorough makeover, selecting custom furniture, artwork and accessories that complement the property’s architectural style and layout. We balance modern design with comfort to create livable luxury. Pacaso owners should feel as comfortable — or more comfortable — in their second home as they do in their primary residence. In addition to furnishings, properties are fully equipped with all the essentials and more. We select high-quality linens, cookware and home electronics, and fun extras like books, board games and outdoor recreation items. Preparing for a stay at your second home should be as easy as packing a few clothes and toiletries, because everything else you need is already there.
Impeccable cleaning and maintenance
Maintaining a second home from afar can be a challenge, and once you’re there, you don’t want to spend all your time on annoying property-owner tasks — so Pacaso takes care of them for you. After each owner’s stay, the property is thoroughly inspected and cleaned, and any maintenance issues are logged and resolved. We schedule preventive maintenance to head off problems, and set aside reserves for long-term and unexpected (but inevitable) issues that arise at any home, such as replacing an appliance that stops working. We supply items like light bulbs and batteries so owners can easily take care of minor issues without needing to run to the shops. We also make sure the property looks great year-round, with regular landscaping and climate-specific maintenance like snow removal.
Streamlined bill management
When you co-own a home, you need a fair and centralised system of billing. Pacaso makes this aspect of ownership simple. For each home, we create an annual budget that includes all the operating expenses, such as utilities, maintenance, repair reserves, property taxes and management. We then divide the total into 12 monthly payments which owners pay pro rata, based on the number of shares owned. Those funds go into the home’s limited company account, and Pacaso then pays all the bills. You can find the estimated monthly expenses for any available Pacaso through the home’s listing page.
Ongoing dedicated support
Your relationship with Pacaso doesn’t end with your purchase. You’ll have a dedicated Home Manager to support you before, during or after your stays. We provide direct property management in most areas, and partner with experienced local companies in some regions. Your Home Manager or after-hours Virtual Home Manager handle any maintenance issues, so Pacaso owners don’t have to worry about finding service providers or scheduling repairs. We also check in with owners to see if their needs are being met and provide an opportunity for feedback. Our number one priority is ensuring Pacaso owners have a delightful experience at their second homes. Maximise quality time at your second home and forget the hassles. Learn more about Pacaso and fully managed co-ownership, and take the next step toward second home bliss.