Buying

Dreaming of buying a second home? Despite market shifts, it’s still within reach. Whether you’re seeking a mountain escape, a beach retreat or a cozy getaway, understanding the realities of purchasing a vacation property is key. Buying a second home can feel overwhelming — between higher costs, financing nuances, ongoing upkeep and limited time to enjoy the home. That’s why Let’s start with the seven steps of how to buy a second home: 1. Determining your second home budget involves assessing your current and future finances. Consider income, expenses and additional costs like taxes and maintenance, especially if you will be assuming a second mortgage. A It’s also important to think long-term. Will this home primarily serve as a personal getaway, a future retirement retreat, or a potential investment? Aligning your second home goals with your broader financial plan helps ensure the purchase supports your lifestyle, not strains it. Evaluate financing options and consult a financial advisor for insights into tax implications and investment alignment. This thorough analysis ensures that your second home purchase aligns with your financial goals. Second home expenses In addition to the purchase price, be sure to factor in these expenses when budgeting for a second home: Although second homes come with added expenses, they can also offer tax advantages that help offset costs. As you’re crunching the numbers, remember your second home can also be a source of rental income and tax breaks. Depending on how your second home is classified and used, you may be able to: These are great ways to make owning a second home more feasible. However, 2. Consider your financing options Lenders often see second homes as being at higher risk for loan repayment. For this reason, Here are some things to consider when financing a second home: It’s important to note that Buying a second home doesn’t have to be a solo endeavor. 3. Compare lenders When comparing second home lenders, it's essential to conduct a thorough evaluation to secure the best financing option tailored to your specific needs. Consider the following factors and use them as a basis for comparison: By comparing these factors among different lenders, you can make an informed decision that aligns with your financial goals and secures the most favorable mortgage terms. 4. Get pre-approved Getting pre-approved for a second home gives you a clear picture of what you can afford and strengthens your position when making an offer. Lenders will review your income, assets and debts to determine an approved loan amount. Consult multiple lenders to compare interest rates and terms. Keep in mind that because lenders may see 5. Find a location and a local agent Once you decide how to use your second home, you can hone in on the best second home locations. Ask yourself: Confirming your reason for owning a second home can help you decide on the perfect destination for your new vacation spot. Choosing the right agent Finding a knowledgeable agent in your target market can significantly decrease your workload in your second home search. You can use their local knowledge to help you with logistics and make an informed decision. Research local agents online, cross-reference reviews and ask for recommendations from your friends and family when possible. 6. Make an offer Buying a second home will be a familiar process if you’re already a homeowner: You make an offer, negotiate, come to an agreement and prepare for closing. Prior to closing, you will: Once your offer is accepted, it’s time to begin the closing process for your new second home. 7. Begin closing After the seller accepts your offer, the second home closing process begins. This process involves several crucial steps: Although closing on your second home may appear overwhelming, a smooth closing is key to turning your house purchase into a dreamy second home getaway.  How do you know if you’re ready for a second home? When considering purchasing a second home, you'll want to evaluate your finances, lifestyle, and market conditions to determine whether it's the right time to purchase — but those factors are just the tip of the iceberg. Here are some of our team's top considerations for those considering a second place of residence. Down payments, interest rates and debt Assess your current financial situation to see if you can comfortably afford a If additional debt strains your financial resources, it may not be quite the Location and lifestyle fit Your vacation home’s location is everything. It affects your budget, lifestyle and resale appeal. Some areas have a higher cost of living or stricter zoning, while others may offer better access to amenities, outdoor recreation or year-round appeal. The ideal second home also aligns seamlessly with your lifestyle. Prioritize locations that support your hobbies and desired activities, guaranteeing a frequent and enjoyable retreat. If you like to ski, for example, a Investment or personal escape? When deciding on the main goal for your second home, it's crucial to determine if you're primarily interested in generating rental income, building long-term investment appreciation, or creating a personal retreat. Each of these objectives will significantly affect your approach to buying, managing, financing, and handling taxes for the property. Time investment Owning a second home comes with significant responsibilities. Are you prepared to manage the upkeep of two properties? This includes regular maintenance, potential repairs and the time and financial commitment of traveling between both homes. If not, are you willing and able to hire a property management company or other professionals to handle these tasks?  Remember that delegating these responsibilities will add to the overall cost of owning a second home. Market timing Finally, when looking to take a big step forward in your second home journey, you'll want to look at the home market conditions. Many properties are available in a buyer's market, and buyers have more negotiating power. In a seller's market, high demand and low inventory give sellers the upper hand.  Understanding the current market conditions will help you set realistic expectations, develop an effective negotiation strategy and help you determine if now is the right time to buy.  How do I buy a second home with Pacaso? Now that you know how to buy a second home, it’s time to explore your options. If turnkey luxury and simplicity appeal to you, co-ownership with Pacaso offers a modern alternative to traditional second home ownership. If you’re unfamiliar with Here are 11 steps to follow if you’re wondering how to buy a second home with Pacaso.  1. Find a second home you love From there, you can explore each destination and the homes available within it, picturing what life could look like in every location. Each destination page brings the area to life, showcasing Pacaso homes through rich photography, detailed descriptions, and a true sense of how it feels to live there. Every Pacaso home is hand-selected and 2. Talk to us We’re excited to share all the details about our homes. If you’re not sure which one is best for your needs, we’ll go through each home’s unique attributes and location to help you decide.  You can easily schedule a time to talk with one of our Crew members from any listing details page, or if you have general questions about co-ownership, you’re welcome to get in touch via our 3. Take a tour  Touring is an important step in buying a vacation home. We’ll give you all the information we have about the home, but seeing is believing. While you’re on the call with our Crew member, they can arrange a time for you to tour the home. Buyers can schedule a virtual tour, an in-person tour, or 4. Say yes!       You talked, you toured, you fell in love, and you’ve decided on owning a vacation home! We’ll walk you through the purchase process and paperwork, and our Crew will make sure you understand all the terminology related to co-ownership, such as: We want you to feel confident in the process, so ask as many questions as you’d like. Once you’re ready to proceed, you’ll reserve your share with a 10% deposit. 5. Secure second home financing  If you’re interested in The approval process is straightforward and fast. Once all documents are provided — typically your most recent pay stub, bank statement and tax return — approval takes just a few days. You also have the option to pay all cash or take out a HELOC or personal line of credit through a lender of your choice. 6. Close on your new second home Your journey begins by reserving your share and signing the residential purchase agreement. You’ll submit a deposit equal to 10% of the share price, officially kicking off the closing process.  From there, you’ll receive two sets of documents to review and sign. These include familiar items, such as the inspection report and seller disclosures, as well as Pacaso-specific agreements that outline how the home is managed and owned through our property LLC structure. If you choose to finance a portion of your purchase, our team will work with you to collect the required financial information and keep things moving smoothly. As closing approaches, we’ll schedule a check-in call to review your final closing statement, confirm wire instructions for the remaining funds, and verify that everything is in place, including your first stay date. Once the transaction is complete, congratulations are in order: you’re officially a Pacaso owner. After closing, you’ll transition into onboarding, where you’ll meet your Home Manager, download the Pacaso app, and start booking stays. From there, all that’s left to do is settle in and enjoy your new second home. 7. Get ready for vacation home bliss Congratulations on owning a vacation home with Pacaso! Our commitment to owners doesn’t end at closing. We assign a 8. Book your stays You can begin 9. Experience the ease of fully managed ownership One of the best things about buying a vacation home? It’s all yours! One of the worst things? It’s all your responsibility. The hassles of vacation home ownership can take a lot of joy out of the experience.  Pacaso’s fully managed co-ownership model gives you the benefits of vacation home ownership without all the headaches. We take care of maintenance, repairs and cleaning; manage payments for utilities, insurance and taxes; oversee 10. Flex your ownership muscles Pacaso’s management services are designed to make your ownership experience easier — but that doesn’t mean you don’t have a voice. In fact, you and your property’s co-owners have 100% ownership of the property once all shares are sold, which means your co-ownership group has decision-making authority.   Here’s how this works in practice: Owners can bring major issues about their property to a vote of the co-ownership group, and every share owned holds one vote. A major issue might be a costly property upgrade, like the installation of a hot tub.  To call for a vote, you would get in touch with your home management team. Routine maintenance and necessary repairs (such as replacing a broken dishwasher) are handled by Pacaso and do not require a vote. 11. Feel confident if it’s time to move on We think you’ll love your Pacaso for years to come, but life evolves, and your ownership can evolve with it. If your needs change, you’re free to Why is buying a second home with Pacaso the smart choice? At Pacaso, our goal is to make second-home ownership simpler, more enjoyable, and more attainable — without ever compromising on quality, control, or confidence.  From luxury homes in premier destinations to Whether you’re just beginning to explore or ready to take the next step,

With a blend of comfort and privacy, By understanding the different types of vacation homes and 1. Condominiums  Condominiums are multi-family units within a larger building. Condos are a convenient, relatively low-maintenance option and may feature 2. Villas Villas are typically larger, freestanding homes offering ample space and privacy in a tranquil or tropical setting. They often boast world-class features like private pools, stunning views and expansive gardens. A villa’s Pacaso spotlight: This Pacaso villa captures the essence of laid-back luxury in 3. Cottages Cottages offer a charming escape for those seeking a simpler, more intimate vacation experience. These quaint dwellings often feature fireplaces and rustic decor. This type of accommodation is ideal for couples or small families looking to get away from the hustle and bustle of city life and spend quality time together. 4. Cabins A cabin serves as the perfect 5. Chalets Chalets are quintessential modern mountain homes inspired by Swiss architecture. Built for snowy climates, they feature recognizable steeply pitched roofs with wide, overhanging eaves that shed snow effectively. These cozy dwellings are ideal for winter vacations and enjoying stunning mountain vistas — making them perfect for hosting a ski trip. 6. Single-family homes Single-family vacation homes are the best Pacaso spotlight: This Pacaso home offers the privacy and ease families love, with space to spread out, room for gear, and the comfort of a true home base in the mountains. With ample indoor living areas and outdoor space to unwind after a day exploring 7. Beach houses One of the most popular types of vacation homes, beach houses offer the quintessential coastal retreat, putting you steps away from the sand and surf. Imagine waking up to the sound of crashing waves, spending your days sunbathing and enjoying breathtaking sunrises or sunsets. A beach house is perfect for families with children or water enthusiasts who want to indulge in water sports like surfing, kayaking or paddle boarding. Pacaso spotlight: This quintessential California beach house offers relaxed coastal living just steps from the shoreline. Glass doors open to an oceanfront patio, making it easy to move between indoor comfort and time outside. Days revolve around beach walks, water sports, and soaking up the sea air. Best of all, this home is fully managed, so you can enjoy the beach lifestyle without the added hassle. 8. Lake houses A lake house can be a Pacaso spotlight: Calm and peaceful, this Pacaso lakefront home is ideal for those seeking the serenity of both the mountains and the water. Spend slow mornings sipping coffee on the dock, afternoons paddling, and evenings around a fire with friends or family. Whether you’re drawn to quiet nature views or time on the water, this home brings lake living to life. 9. Mansions Pacaso spotlight: This Pacaso estate on Malibu’s Pacific Coast Highway defines spacious, high-end living. With expansive living areas, multiple bedrooms and bathrooms, and room for everyone to spread out, it’s designed for big family get-togethers, celebrations, or relaxed days on the beach. Designer furnished with luxurious features throughout, it offers a vacation home experience that truly feels special. 10. Townhomes Townhomes blend condo-style living with the feel of a single-family home. These multi-story residences share one or two walls with neighboring units but have their own private entrances and, often, small yards or patios. Townhomes are great for vacationers seeking an urban escape with easy access to restaurants, shops and attractions. They can also be a good option for Pacaso spotlight: This luxury townhome in 11. Apartments An apartment is a convenient and affordable option for shorter vacations in cities or neighboring suburbs. You will often find these multi-family units within large complexes. They provide basic living amenities and a place to rest your head after a day of exploring. Apartments come in many styles, containing both luxury and budget-friendly vacation accommodations. Pacaso spotlight: This luxury apartment in Paris’s 7th District is an excellent base for city exploration in one of the world’s most iconic cities. With all the essentials for comfortable living and a central location near cafés, museums, and parks, it’s ideal for shorter types of vacations like weekend getaways. A smart choice for travelers who want convenience and culture with a touch of elegance and ease. 12. Studios Studios are compact living spaces with affordability as its biggest perk. They are often in prime urban locations that put you steps away from the action. Plus, with minimal cleaning required in a single space, travelers can maximize their time exploring a destination. 13. Timeshares Owning a 14. Short-term rentals 15. Aparthotels Aparthotels, or 16. Lodges Lodges are full of rustic charm and a sense of remoteness, perfect for those seeking an escape into nature. Many lodges provide staff-guided adventures and excursions, allowing you to fully immerse yourself in the natural environment. The communal atmosphere of lodges fosters social interaction with fellow travelers, creating a unique opportunity to share stories and experiences while vacationing. 17. Bungalows Bungalows are single-story dwellings known for their compact size and charm. They offer a cozy, affordable option for couples or small families who want to share a small space. The simple layout with minimal living space encourages quality time together. You will often find bungalows in beach towns or scenic locations, providing a relaxing atmosphere close to nature. 18. RVs RVs, or recreational vehicles, are the poster child of travel flexibility while vacationing and are an excellent option for those not wanting the full commitment of buying a vacation home. They come in various sizes and offer a range of amenities, from basic campervans to luxurious motorhomes. This allows you to customize your experience and choose a vehicle that satisfies your vacation needs. RV parks can provide convenient overnight locations with amenities like hookups for electricity and water, making it a practical alternative to buying a vacation home. 19. Houseboats Houseboats are a popular alternative to buying a vacation home. Cruise rivers and lakes in some of the country's most 20. Unusual homes Unusual homes represent a chance to stay in one-of-a-kind or quirky accommodations, from tree houses nestled in a forest to converted windmills and traditional yurts. These unique properties provide an unforgettable experience and a chance to connect with nature in an innovative or time-honored way. This vacation home option is perfect for avid travelers who want to try something new. What are some tips to help me decide which type of vacation home is right for me? Here are some key factors to help you narrow down your search and find your favorite types of vacation homes. Be clear on its intended use Consider your budget Calculate travel logistics  Decide how remote you want to be Determine if you’ll rent it out What makes Pacaso co-ownership the best vacation home option? With so many types of vacation homes available, there are sure to be a few options that best suit your and your loved ones' needs. But beyond the excitement of finding the perfect place, owning a vacation home on your own can come with added responsibilities like maintenance to ongoing That's why

This guide breaks down the different What qualifies as a second home for tax purposes? The IRS classifies a second home based on personal use versus rental use Lenders may also have their own criteria, including: Common characteristics of second homes: How are second homes taxed based on IRS classifications? The second-home tax deductions you can claim depend largely on how the IRS classifies your property. Generally, second homes fall into three categories: Because classification depends on usage and can changes year to year, consult a licensed tax professional to determine your home’s rental status and required forms. What are examples of second home tax benefits? Owning a second home offers more than luxury and relaxation — it also opens doors to potential second home tax benefits. Here are the key second-home tax deductions and credits you may qualify for: Mortgage interest deduction Mortgage interest is the cost of borrowing money to purchase a home. The Property tax deduction Property taxes fund local services like schools, public safety, roads, and infrastructure. Home equity loan interest deduction You can Capital gains deductions A capital gain is the profit you make from selling a capital asset, such as a second home. The amount of your gain is the difference between your adjusted basis (what you paid for the property, plus the cost of any major improvements) and the net earnings from the sale (the selling price minus expenses like realtor fees and closing costs). What is the 14-day rule, and how does it affect rental tax implications? The 14-day rental rule determines whether your second home is treated as a personal residence with minimal rental activity or a rental property, which affects how rental income and expenses are taxed. Tax-free rental income (14 days or less) If you rent your second home for 14 days or fewer per year, it is considered a personal residence: Reporting rental income (more than 14 days) Renting your second home for more than 14 days per year requires reporting all rental income Rental expense deduction             Rental depreciation deduction If you are using your second home exclusively as an Many second home tax benefits mirror those of a primary residence, but your usage — personal versus rental — determines which perks you can claim, like the rental property depreciation tax deduction. Consult a licensed tax professional to fully understand your situation. Why own your dream second home with Pacaso? Understanding tax implications is important, but owning a second home should also be enjoyable. Pacaso offers a simpler path to vacation home ownership through Pacaso homes are not rented out

Here’s everything you need to know about how to sell your Pacaso, what to expect along the way, and how the process compares to a traditional real estate sale. What is a Pacaso resale? A Pacaso resale occurs when an existing owner sells their ownership interest in a Pacaso home to a new buyer. While this differs from purchasing a new Pacaso share at initial launch, the ownership structure remains the same. All Because of this model, selling a Pacaso share is simpler than selling a traditional home. There’s no need for staging, showings, or home prep, no due diligence period, and no title or escrow process. Ownership is reassigned through the LLC, allowing for faster, more streamlined closings. Resales are a built-in feature of Pacaso’s How does the Pacaso resale process work? What does Pacaso’s role in the resale look like? Pacaso facilitates the resale process by helping source buyers, coordinating marketing efforts, and managing the administrative and legal steps required to complete the transaction. This support significantly reduces the friction typically associated with selling real estate. How long does a Pacaso resale take? Pacaso homes typically close much faster than traditional home sales.  Factors such as buyer financing and market demand may influence the exact timeline. How has Pacaso resale performed? According to RCLCO’s findings, from 2021 through 2024, shares of Pacaso homes achieved an average Compound Annual Growth Rate (CAGR) of 9.7%—4.7% higher than traditional luxury homes in the same markets. In several luxury destinations, from California to the Carolinas, Pacaso resales have consistently outperformed regional averages. From 2021 through 2024, Pacaso share appreciation exceeded market benchmarks in each destination, with Pacaso resales averaging a 10% overall gain. What are the fees and costs associated with a Pacaso resale? Compared to traditional real estate, resale-related costs are streamlined. Overall, the Pacaso resale process eliminates many of the unpredictable expenses associated with selling a traditional home. What are tax considerations for Pacaso resales? Selling a Pacaso share may result in capital gains, depending on your individual situation. Because Pacaso resales involve the transfer of an LLC membership interest rather than a traditional deeded sale, tax treatment may differ from a standard home sale. This information is provided for general guidance only. Owners should consult a qualified tax professional to understand how a Pacaso resale may impact their personal tax situation. What are other options for Pacaso owners? If your needs change, selling your entire share isn’t your only option. Owners who find they’re using less time than anticipated can right-size their ownership by selling a portion of their interest. A selldown follows the same process as a resale, allowing you to retain partial ownership while freeing up capital and flexibility. Is Pacaso a good investment? On average, Pacaso homes have appreciated in value, often outperforming traditional luxury homes in their markets. With a built-in resale marketplace and streamlined ownership transfer through the LLC, selling a Pacaso share is faster and simpler than a traditional second home, providing liquidity and flexibility. Beyond potential financial gains, owners enjoy a So, is Pacaso a good investment? Absolutely, for buyers who value both lifestyle and potential financial return.  A flexible, transparent way to sell Pacaso gives owners an exceptional level of flexibility, control, and peace of mind when it comes time to sell. With a built-in marketplace, professional marketing support, and a simplified transaction process, reselling Pacaso shares is designed to be as effortless as ownership itself.

What is empty nest syndrome? Empty nest syndrome occurs when parents report the feelings of grief, a loss of purpose, and loneliness after their children move out. While empty nest syndrome isn’t classified as an official health condition, it’s well documented — and very common. It may take some time for parents to adjust to the new normal of no children in the home. For most people, these feelings pass over time as they learn to navigate their new lifestyle.  While entering the empty nest phase of life represents the closing of one chapter, it also ushers in the beginning of another — one with more time to focus on other parts of life, like relationships with partners and friends, hobbies and travel. It also offers an opportunity to get to know grown children as adults, which can be a very rewarding experience in itself. What are the symptoms of empty nest syndrome? While the experience is different for every parent, it’s common to have a variety of emotions during this time:  What is the average age of empty nesters? The average age of empty nesters is typically late 40s to 60s. Unsurprisingly, downsizing homes or moving to a new destination are common real estate activities for people who are no longer actively raising children. Collectively, people in this age range make up 40% of home buyers and sellers, according to the What are the main characteristics of empty nesters? There are over 22 million so-called ‘empty nesters’ in the United States. Many still work full time and often find themselves in a time of financial transition. Some may no longer be financially responsible for the everyday expenses of their children — things like food, clothing and activities — and may find themselves with more disposable income. Others may be responsible  for college tuition, housing, and food while others may be managing increased taxes if they no longer have dependents to claim. What are some tips for empty nesters to make most of this stage of life? Once the dust has settled on the initial transition, usually after two to three months, you may find yourself ready to dive into a new routine. Here are a few tips for transitioning into and enjoying the empty nest stage of life. 1. Practice self care Dedicate time to a new self-care routine. With a newly open calendar, shortened to-do list, and new emotions, now is the time to focus on taking care of your physical and emotional needs. Exercise, sleep, 2. Invest in yourself You likely spent many years prioritizing your kids’ needs over your own, with their activities dominating the family calendar. Once the kids have flown the nest, you might find yourself with more free time than you’re used to. This is the perfect opportunity to 3. Connect with friends An abundance of free time means you can now expand your social horizons. You may want to reconnect with old friends you’ve lost touch with over the years, or seek out new relationships for this new era. Volunteer activities, affinity groups, and community organizations can be great places to find new friends who may be in the same season of life. 4. Get to know your kids as adults Your kids may not be little anymore, but part of the beauty of watching them grow up is the opportunity to know them as adults. This transitional period offers the chance to redefine your relationship and establish new roles and communication norms. 5. Reconnect with your partner In dual-parent families, it’s easy to slip into a routine where your daily and weekly routines revolve around caring for your children. Once your kids move out, it’s an ideal time to rediscover your partner and focus on spending quality time together. Consider 6. Talk to a professional This can be a hard transition for many. If your empty nest syndrome seems to last longer than expected or seriously affects your day-to-day life, it may be time to seek out a therapist or counselor. As an objective third party, a therapist or counselor can provide coping strategies and connect you with helpful resources. 7. Find a change of scenery When the kids have flown the nest, many empty nesters decide it’s the right time to reconsider their living situation. This might include downsizing the family home, renovating or What are some hobbies for empty nesters? Having an empty nest is the perfect opportunity to Why should empty nesters co-own a second home? Co-owning a second home is an ideal next step that fits seamlessly into many house plans for empty nesters ready to embrace freedom and flexibility. Shared ownership provides a practical way to enjoy a luxury vacation home without the full-time responsibilities of maintenance or management. If a second home is on your empty nester bucket list, Pacaso makes it easy to turn that dream into reality with a portfolio of

Whether you dream of a quaint chateau in the Loire Valley or a sun-drenched villa in Provence, buying property in France can be exciting. However, as a foreigner, the differences in property regulations and legalities may seem daunting. Our step-by-step guide covers everything you need to know, from finding the right house to understanding residency requirements. By the end, you’ll be well-equipped to make your French property dream a reality.  1. Pick a region  There are many French regions to explore, each with its own unique charms. From busy cities to the serene countryside, here are a few popular regions for real estate in France:  2. Find the right house Once you've chosen your dream region, the next step is to find the perfect French property. Consider your budget, desired lifestyle and long-term plans when selecting a home. Whether you're looking for a cozy apartment, a spacious family home or you want to To find the right property, you can explore listings online or work with a local real estate agent. For a hassle-free way to buy a second home in France, consider owning a Pacaso second home. Pacaso 3. Make an offer Once you’ve found the ideal Be aware of local customs and negotiation tactics when buying a house in France. A local real estate agent can guide you or 4. Do your due diligence Once your offer is accepted, be sure to conduct thorough due diligence to ensure a smooth transaction. This involves hiring a French notary who will handle the legal aspects of the purchase. The notary will draft a It’s wise to meet with a French attorney to review the 5. Get financing Securing financing for a foreign property can be complex. Traditional lenders may have specific requirements and limitations for international real estate purchases. To simplify the process, consider working with a company like Pacaso. They can handle the financing aspect of If you plan to explore traditional financing options, research international mortgage lenders specializing in French property. Be prepared to provide additional documentation, such as proof of income and assets, to qualify for a loan. 6. Pay a deposit  After the Keep in mind that this deposit is usually non-refundable, so make sure you’re confident in your decision before signing the 7. Transfer ownership Once all the necessary paperwork is completed, the final step is to transfer ownership of the property to your name, a process known as After signing the Why buy real estate in France Can Americans buy property in France? Yes, Americans can buy property in France. While there are certain legal and tax considerations to be aware of, buying real estate in France as a foreigner is permitted. It's wise to work with qualified professionals, such as a French notary and an attorney, to ensure compliance with all regulations as you walk through the buying process.  How much does it cost to buy French properties? The cost of buying a property in France depends on the region, property type and size. Here's a breakdown of the factors influencing overall cost: Average price of properties in France  Properties in popular regions like Paris, Lyon and Bordeaux tend to be more expensive than those in less sought-after areas. In 2024, the Taxes and fees   In addition to the purchase price, there are various taxes and fees associated with buying a home in France:  French real estate scams to avoid  While owning property in France can be a rewarding experience, you should also be aware of common real estate scams. Watch out for:  Make buying property in France easy with Pacaso By following these steps, you can successfully navigate how to buy a house in France. If you’re not ready to commit to a full-time move, consider co-owning a Pacaso second home. When you co-own a vacation home, you can simplify the home buying process and enjoy hassle-free ownership of your French property. 

Understanding the different types of interior design can make decorating a home feel far less overwhelming. While design decisions can seem daunting at first, a little research and a grasp of foundational interior design principles can go a long way. With the right approach, you may be surprised at how confidently you can bring a dream room, dream home, or dream Use this guide to understand the seven elements of interior design, and discover the home design trends shaping 2026, with insights from Pacaso designers to inspire your next space. The 7 elements of interior design explained If you’re wondering how to decorate a new home or how to update an existing space, the best place to start is with the basic elements of interior design. Understanding these elements gives you the foundation to design any space with intention and confidence. These core principles help bring balance, function, and personality to a room, regardless of the types of interior design you’re drawn to or plan to incorporate.  Below are seven essential elements to keep in mind as you create a cohesive, thoughtfully designed space. 5 trending interior design styles for 2026 With so many emerging home design trends, it can be difficult to decide how to decorate a new home. While personal taste should always lead the way, certain types of interior design continue to stand out for their popularity and staying power. To better understand the types of interior design gaining momentum this year, we spoke with Pacaso’s interior design professionals, Kyra Edwards and Camille Selis for their expert perspective on the home trends and design styles shaping homes in 2026. 1. Color-forward Color-forward interior design embraces rich, earthy hues and immersive palettes to create emotionally resonant spaces. In 2026, designers are moving away from safe neutrals and cool greys in favor of deeper, grounding tones like ochre, olive, earthy greens, muddy blues, rich plums, and terracotta-inspired red-oranges. This style often incorporates color-drenching — where walls, ceilings, trim, and even furniture share a cohesive hue — resulting in spaces that feel bold, intentional, and deeply atmospheric rather than decorative. 2. Textured maximalism & “livable luxury” As stark minimalism fades, textured maximalism is emerging as one of the more welcoming types of interior design, blending warmth, comfort, and layered design. These interiors balance richness with restraint, pairing mixed textures and patterns with timeless, high-quality furnishings. Often described as “liveable luxury,” this style prioritizes craftsmanship, comfort, and longevity over flash or trend-driven decor. The result is a space that feels curated and refined, yet relaxed enough for everyday living – perfect for vacation home design. 3. Organic & sculptural design Organic and sculptural interior design emphasizes soft forms, flowing silhouettes, and natural materials. Furniture and decor feature curved edges, irregular contours, and handcrafted details that feel tactile and grounded. Materials like wood, stone, rattan, and clay anchor these spaces, celebrating visible grain and natural imperfections. This approach brings a sense of calm and movement, creating interiors that feel both modern and deeply connected to nature. 4. Heritage & character-filled interiors Heritage-inspired interiors focus on storytelling, individuality, and craftsmanship. Rather than uniform or mass-produced décor, these spaces feel layered and personal, incorporating antiques, vintage finds, and artisanal details. This style reflects a growing desire for homes that feel collected over time. It favors authenticity and character over perfection, creating interiors that feel meaningful and distinctly personal. 5. Intentional, wellness-driven spaces In 2026, interior design is increasingly focused on how a space makes you feel, not just how it looks. Intentional interiors are designed around wellness, comfort, and flexibility, supporting real life through thoughtful layouts and purposeful zones. These spaces often include cozy reading nooks, adaptable rooms, and layered lighting to create a calming, restorative atmosphere. Every element serves both function and mood. Other types of interior design Trends come and go, but discovering an interior design style that reflects your personal taste and stands the test of time is key to creating a space that feels like home. These timeless interior design styles offer inspiration for spaces you’ll love for years to come, whether in your primary residence or second home. Bohemian style, often shortened as “boho,” pulls together a variety of textures and patterns to create an effortless look.  While boho interiors mix bold patterns, they’re grounded by key neutrals with simple pops of color. There’s a lot of texture in boho style, often using materials like rattan which adds a unique look that doesn’t clash with bold patterns. 2. Cottage Cottage interiors combine classic and rustic features to evoke a simpler time, making this style perfect for a second home. Features like wood furnishings and natural stone help pull cottage spaces together, but you can transform any space into a cottage with details like handmade textiles or vintage furniture. 3. Mid-Century Modern Mid-Century Modern design is one of the more well-known home design trends that’s persisted over the decades. Characterized by its mix of lines and soft forms, it shows what people thought the future would look like, making this a timeless choice. Choose bold Mid-Century Modern furniture and blend other types of interior design into your decor to keep the perfect balance of old and new. 4. Coastal Coastal style is a popular choice for coastal or The key here is to lean into aquatic-themed decor so you always feel the same peace of lounging by the waves, even if the sand’s not right on your doorstep. 5. Art Deco Art deco is characterized by its use of geometric patterns, jewel tones and accentuating lines. It’s common to fill the space with many statement pieces by using their similar patterns to tie an interior together. Another distinctive feature is interesting lighting like geometric chandeliers or floor lamps. While many interiors are colorful, they’ll usually stick to just one contrasting color to keep the color from overwhelming the space. 6. Minimalist This type of interior design is characterized by bright spaces, simple decor and open concept interiors. Usually, these interiors are mostly white to maintain a clean look. The minimalist style is about keeping things simple, so less is truly more. Your space doesn’t need to be completely devoid of decor, but it shouldn’t feel cluttered. Focus on creating clean lines so there’s nothing to distract you from your peace. 7. Modern Modern interior design has a lot of similarities to minimalism, but it typically features more decor and pops of color. It still has the clean, bright feel of a minimalist space, but the inclusion of some more decor can help it feel more like home for people who aren't ready to commit to a minimalist lifestyle. Still, 8. Traditional The traditional style has remained one of the most popular types of interior design for centuries. It draws inspiration from European elements such as rich textiles and carved wood. Many home design elements that come from traditional interior design — like crown molding — are desirable for any homeowner. These interiors feature an array of textures, from grand window furnishings to detailed woodwork. Choose furniture that showcases wood grain in rich tones to keep this style feeling cozy and personal. 9. Transitional Transitional interior design warms up modern design with its traditional influences. Spaces like this typically feature traditional style furniture. Then, the style is elevated with modern touches like geometric lamps or a gallery wall. Transitional interiors often use neutral tones and muted color palettes. 10. French Country French country interior design combines rococo and rustic design, which were the two most popular styles from 17th- and 18th-century France. Rococo design features pastels for a lighthearted extravagance, while rustic design features lots of dark wood and rich furnishings like furs. As a result, French country is known for its mix of dark wood furnishings and pastel textiles. You’ll often see delicate patterns, such as florals contrasted against darker furnished features. 11. Scandinavian Scandinavian interior design style has its roots throughout Scandinavia but is usually attributed to the Danish Selskabet for Dekorativ Kunst — or the Danish Company for Decorative Arts. Scandinavian style is a twist on modern design that adds some organic elements. This type of interior design departs from the elements that can make the modern style feel sterile to some people. Liven up your Scandinavian space by integrating natural materials like rattan and rich textures like a faux fur throw. Another key feature of Scandinavian design is its use of color; muted colors like mauves and olive greens are common. 12. Industrial Industrial design is characterized by exposed wood, brick and metal elements with little color. It works well in open or lofted spaces with large windows and lots of natural light. Industrial design mixes a vintage and modern feel. Its furniture and accessories typically have modern shapes but vintage-feeling materials like unpolished metal or 13. Eclectic Eclectic design refers to spaces that take influence from multiple design styles. While it originally referred to combining more traditional styles, many people add modern touches to their eclectic designs. Eclectic interior design is all about building your ideal space, so feel free to play around and choose your favorite characteristics of multiple styles to 14. Modern Farmhouse As the name suggests, modern farmhouse style combines elements from both the cottage and modern styles. It brings all of the traditional comfort and coziness and adds a modern twist, integrating clean lined and a bright feel. This style bridges the gap for people who find modern design too clinical and farmhouse design too traditional for their tastes. Whether you’re styling your primary or secondary home, it’s important to have a space where you can relax and enjoy yourself. Exploring the different types of interior design and discovering what resonates with you is just one way to Pacaso’s approach to interior design Thanks to Pacaso’s team of designers, each Pacaso home is expertly designed and furnished to strike the perfect balance between trend-forward style and timeless appeal. While it reflects the latest home trends and design standards trends, it also maintains enduring elegance and comfort, ensuring your home looks beautiful today and continues to feel fresh for years to come.  The Pacaso home design process With Pacaso, there is no need to worry about how to decorate a new home. Pacaso’s in‑house design team takes a holistic and highly intentional approach to This thoughtful approach ensures that every Pacaso home feels relaxing, cohesive, and uniquely tailored to its setting, so owners can step inside and instantly feel at ease.  Design Certified  Every Pacaso home is Designing your home in your preferred style Discovering your unique interior design style is an exciting journey, but creating a cohesive, beautifully curated home often requires an understanding of the types of interior design, thoughtful planning — and often, professional guidance. Working with an If you’re considering a second home, innovative solutions like Pacaso’s Explore Pacaso’s

A turnkey home is a fully move-in-ready property without hassle. The phrase “turn the key” is literal: you step inside, drop your bags and settle in. No need for contractors, material decisions or waiting months for updates.  When buyers ask what a turnkey home entails, they’re usually trying to understand whether a house truly requires zero renovation work before it’s livable. While typical turnkey properties aren’t automatically furnished, many homes in How turnkey homes work for second-home buyers Turnkey homes offer unique value for second-home buyers, especially those For And because everything is finished before closing, you experience faster access to the lifestyle you’re working toward, like meaningful time with family, stress-free travel and comfortable stays throughout the year. What’s included in a turnkey home While every property is different, most turnkey homes share a set of core qualities. These features give buyers confidence that they won’t need to make immediate repairs or updates. Here’s what’s usually included in a turnkey home: In Together, these features make it possible to start living in the home right away, with little to no prep work on your part. Pros of buying a turnkey home Turnkey homes are appealing for many reasons. They offer an experience built on convenience, comfort, and clarity. Here are some of the benefits of buying a turnkey home: For second-home buyers, the ability to enjoy your home immediately without stress or delays is often the biggest advantage. Cons of buying a turnkey home Turnkey homes also have a few trade-offs, especially if customization or cost savings are top priorities. Here’s what you’ll need to look out for when buying turnkey properties: A turnkey property should offer genuine readiness. The proper documentation will help you confirm that. Who is a turnkey home right for Turnkey homes are an excellent fit for buyers who want to spend less time coordinating projects and more time actually enjoying their home. They’re especially appealing to people with full schedules who prefer a space that’s fully prepared from day one. Out-of-state and On the other hand, buyers who love hands-on customization or who enjoy shaping a property to their exact preferences may feel limited by a home that’s already completed. Those who thrive on renovation projects often find a fixer-upper more satisfying. These buyers typically prioritize the control and potential transformation that come with renovating, while turnkey buyers prioritize convenience, predictability and immediate comfort. What to consider before buying a turnkey home Before buying a turnkey home, it’s important to take a thoughtful look at the property’s quality, history and documentation so you know exactly what “move-in ready” truly means. Even when a home is labeled turnkey property or turnkey home in real estate listings, the level of work completed can vary widely, so due diligence is essential. Questions to ask the builder or seller When evaluating what is included in a turnkey home, ask the builder or seller detailed questions to better understand the scope and quality of updates. Confirm whether improvements were cosmetic or structural, how recently they were completed and whether licensed contractors performed the work.  Here are some questions to ask during the walkthrough: How to verify a listing is truly move-in ready To verify that a listing is genuinely turnkey, request documentation that reflects the quality of the work. This may include inspection reports, permits for structural changes, receipts from contractors or proof of recent servicing for major systems.  A true turnkey property will have consistent updates across the home, modern mechanical systems and completed spaces with no unfinished rooms or outdated features. When inspecting the home, pay attention to common signs that the home isn’t fully turnkey, such as mismatched finishes, older electrical panels, aging HVAC units or partially updated kitchens and bathrooms. Cost expectations for turnkey homes Turnkey homes often come with a higher upfront purchase price because the improvements, design work and system updates have already been completed for you. However, buyers typically save money and time by avoiding renovation expenses, travel for project oversight and the unpredictable costs that come with fixer-uppers.  Turnkey home vs. fixer-upper: what’s the difference? A turnkey home is all about readiness. It’s complete, polished and requires no immediate work. A fixer-upper, on the other hand, is a property that needs renovation, repair or modernization before it feels complete. Turnkey homes streamline the experience from day one, allowing buyers to arrive and enjoy their As you compare your options, weigh the immediate convenience and clarity of a turnkey home against the potentially lower upfront cost of a home that requires additional work. For many second-home buyers looking for ease, speed and comfort, the turnkey route offers a smoother path into ownership. How to find a turnkey home  Turnkey homes are especially common in second-home markets and desirable Pacaso offers Find your turnkey home with Pacaso Pacaso simplifies second home ownership by offering Whether you’re right-sizing your time away or exploring new destinations, Pacaso makes second-home living more seamless, ensuring your turnkey home is ready from the moment you walk in the door. 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Frequent travelers understand the importance of consistency and convenience, and therefore often turn to vacation clubs and co-ownership programs, such as However, due to their structure, pricing varies significantly. This guide breaks down everything you need to know about the two travel models, allowing you to choose the one that’s right for you, and explains why Pasco may be an even smarter option. How does Equity Estates work? Equity Estates is an investor-owned luxury vacation club that operates differently from a traditional timeshare. Members invest in an Equity Estates fund that purchases and manages a portfolio of high-end vacation homes, giving them access to stay at properties around the world without the responsibilities of direct ownership. Property management, maintenance, and concierge services are included. Unlike traditional timeshares, where members pay for usage without building equity, Equity Estates members own a share of the underlying real estate. At a defined liquidity date, the properties are sold, and investors receive 100% of their initial capital back plus 80% of the profits. This structure allows members to enjoy luxury vacations while also benefiting from the long-term value of the real estate they help fund.  Properties and destinations During the years between investment and disbursement, investors enjoy access to over 60 destinations across more than 25 countries. The properties are private, luxury homes valued between $2 million and $6.5 million, offering amenities such as oceanfront views, ski-in/ski-out access, swimming pools, and private club access. Access Depending on the level of investment, members receive a set number of nights per year that can be used across the entire portfolio. This structure allows for longer stays in a single destination or the flexibility to explore multiple locations.  Pricing is not publicly available for Equity Estate’s investment tiers, so unfortunately, potential investors can’t compare costs upfront. However, Equity Estates promises better availability than timeshares, as homes are exclusively available to investors, thereby limiting overall competition. Equity Estate reviews Equity Estates fund reviews have an overall rating of 4.9 on Trustpilot, with a total of 432 reviews. Customers most praise the staff for being attentive and helpful, with There are very few negative Equity Estates reviews on How does Inspirato work?  Inspirato operates on a subscription model with two ways to access its luxury vacation homes: Inspirato Club and Inspirato Pass. Inspirato Club requires a one-time initiation fee plus annual dues, while Inspirato Pass offers a flat annual subscription fee. Both options provide members with access to Inspirato’s curated collection of luxury vacation homes.  Here’s a breakdown of Inspirato’s two primary subscription models: The Inspirato Pass The Inspirato Pass is the company’s core all-inclusive offering and costs $40,000 annually. Members can choose from numerous Pass Trips, with all nightly rates, taxes and fees included. And it’s not just homes. You can also stay at an unlimited number of eligible hotels, resorts, cruises, safaris and guided tours. With an Inspirato Pass membership, travelers can reserve up to two trips at once, making it a good fit for those who want to travel frequently without committing to long-term planning or complex booking rules. Inspirato Club The Inspirato Club has a one-time initiation fee of $15,000 and $6,000 annually in dues, starting in the second year. Travelers gain access to the Inspirato Collection of properties and experiences, featuring members-only nightly rates and personalized travel planning assistance.  Unlike the fully inclusive Inspirato Pass, Inspirato Club members need to pay fees for each stay, and membership grants them access to members-only benefits, discounted stays and concierge support. Inspirato reviews Inspirato has a 2.3 total rating on Trustpilot, based on six total customer reviews. Inspirato’s negative reviews mention issues with canceling their subscription, stating that the company has strict refund rules, alongside limited availability. “Inspirato was great when we first signed up. They ended up changing a lot of things, which lost the value of the Pass. When we attempted to cancel, we had to wait 30 days, which is fine but…they're still charging me, and it's been 60 days and $5k later after those 30 days. They keep saying they're going to cancel and refund, but they have yet to.” Which option is right for you?  When it comes to Equity Estates vs. Inspirato, choose Equity Estates if you spend significant amounts of money each year on travel and want to see some return on your spend. Consider going with Inspirato if you want broad access to a portfolio of luxury accommodations without the full commitment of a buy-in.  If you’re wondering, is Inspirato worth it, considering Equity Estate’s high reputation, here’s a comparative list of pros and cons to make the best choice: Equity Estates pros and cons Inspirato pros and cons Alternative: Get to know Pacaso Instead of weighing Equity Estates vs. Inspirato, consider a third option, Pacaso. Our Pacaso makes it easy to own a second luxury home in a coveted destination, with properties available throughout the U.S. and in select international markets. From sunny villas in Every Pacaso home is fully managed, professionally designed and ready for you to enjoy, with equitable scheduling among owners. Co-owners purchase shares in a property-specific LLC, and when you’re ready, you can sell your share to realize any returns on your property.  Comparing Pacaso and Inspirato Pacaso, Pacaso has additional advantages over Inspirato:  An owner’s view of the differences Pacaso owner Mark also has an Inspirato membership. While he uses his Inspirato to “fill the gap” when he wants variety in destinations, he says he loves that his Pacaso gives him true ownership in a destination he loves.  “We’re kind of creatures of habit,” Mark said. “We like to go back to the same place that we know. We know it’s going to be quality. We get to know people in the community … it’s a totally different animal, and we prefer having the house.”   Own your vacation destination

Searching for a place to unwind, reconnect with loved ones and create lasting memories? Here are 10 reasons why a second home might be the perfect purchase for you, alongside key considerations that can help you make the right choice. 1. Enjoy your own personal retreat 2. Have flexibility for your vacations With a vacation home, you no longer need to fight for reservations during peak season or scramble to find last-minute Do you need a quick weekend escape to clear your head? Or a 3. Build a lifetime of memories A vacation home transcends bricks and mortar — it becomes a cornerstone for creating cherished memories with the people you love. Host unforgettable holidays and family gatherings to create lifelong memories.  Imagine cozy nights by the fireplace at your 4. Relish familiar settings Owning a vacation homes has the benefit of being your home-away-from-home. Equip your space with 5. Embrace a new community Purchasing a vacation home can open doors to a new community. Strike up conversations with friendly neighbors who share a love for the area. Explore local shops and restaurants, gaining a deeper understanding of the region's culture and hidden gems. This sense of belonging can enrich your vacation experiences and grow your sense of community at your second home. 6. Cultivate a sense of adventure A vacation home can serve as a springboard for exploration. Since you have a convenient home base, you can delve deeper into the surrounding area. Explore nearby towns, hike or bike scenic trails or discover hidden Proximity to these activities allows you to embrace a more adventurous spirit and enjoy experiences beyond the typical tourist’s itinerary. 7. Create a healthier lifestyle A vacation home can be a catalyst for embracing a healthier way of living. Many vacation destinations offer opportunities for Inside you vacation home, consider creating a dedicated 8. Pass down an asset to your children A vacation home can become a cherished part of your family's legacy. It can be a gathering place for future generations to reconnect with loved ones and create lasting memories.  Eventually, you can pass vacation homes down as an inheritance. A valuable asset like this can give your children and grandchildren a special connection to their family history. 9. Choose a location close to activities you love Finding a second home in a place that supports  your interests and hobbies can significantly enhance your lifestyle. Imagine living by a lake and spending your weekends fishing, or owning beach house with nearby easy access to kayaking or paddleboarding. For those who crave the thrill of winter sports or the serenity of mountain hikes, a cozy cabin could be the perfect fit. 10. Take advantage of unique financing options When buying a vacation home, you can access Additionally, your vacation home expenses don’t end with the Advantages of vacation homes Although owning a second home has some down sides, the advantages can greatly outweigh the trouble of finding and financing a vacation home. The pros of owning a second home or Personal use When you own your vacation accommodations, you always have a great place to stay (even if it’s a busy holiday weekend). You can keep all the comforts and necessities — clothes, toiletries, outdoor gear and more — at your vacation home so you can get away from it all at a moment’s notice. Unlike relying on reviews to choose a hotel room or short-term rental, you always know exactly what to expect when you arrive at your vacation home. Buying Your vacation home could become your primary residence once you retire, but you can start enjoying it and building equity long before it’s time to turn in your employee badge. In the meantime, it’s a special place to bring family together for vacations and special events. You can also pass down your vacation home to your heirs. Passive income potential Although some owners prefer to keep their vacation home exclusively for personal use, listing your second home as a short-term rental may also be possible. If you don’t want your vacation home to sit vacant when you’re not using it, you may be able to rent it out to others and use the money toward the mortgage and maintenance expenses. Potential property appreciation Whether you plan to keep your vacation home for personal use or earn passive income, your property may increase in value. A secondary residence can increase equity and value appreciation like a primary residence.  In this way, buying a vacation home can be an investment. Of course, housing markets fluctuate, so value appreciation depends on market trends where you buy. Adding real estate to your portfolio is a great way to diversify your portfolio and hedge against the ebb and flow of different markets. It’s always smart to consult a financial planner before making such an investment.  Tax benefits You can deduct any mortgage interest paid on up to $750,000 of principal mortgage debt, including your vacation home. Other If your vacation home doubles as a short-term or long-term rental, you may also be able to claim certain costs as business expenses for your vacation rental business. Consult with a tax professional to determine which  tax deductions you’ll be eligible for. Challenges of vacation homes Vacation home ownership also includes several challenging cons. Property maintenance and management Your second home likely won’t be close enough to your primary residence for you to stop by frequently. Home repairs and regular maintenance (lawn mowing, snow removal, etc.) can become a hassle. And if you’re renting out your second home, you must deal with reservations, clean up and more.  A potential solution is to Income volatility If you plan to rent out your vacation property, you’ll need to be aware of the high and low tourist seasons in your home’s locale. Plan for income fluctuations and charge appropriate nightly rates to curb potential low-season vacancies.  To keep attracting bookings, you may need to pay for marketing and advertising your property to help decrease income volatility. Local vacation rental laws Many towns are passing ordinances that prohibit short-term rentals or require homeowners to pay hefty fees to list their homes as rentals. Check local laws before banking on your ability to rent out your vacation home. Remember that other Limited location Once you invest in a vacation home, you’ll probably want to use it as much as possible. That means you’ll likely spend more time in one Just like an unused gym membership or a new dress in the back of the closet, a distant vacation home can easily turn from a dream come true into a money pit if you’re not committed to using it regularly. Key things to consider before buying a vacation home Buying a vacation home is an exciting endeavor, but it’s essential to consider additional factors to make an informed decision. Getting clear on your preferences, as well as the property’s unique requirements, will give you an accurate sense of the actual cost and time commitment required for your second home. Your annual budget and total cost of ownership The total cost of a property doesn’t stop at the mortgage. You will need to consider ongoing expenses such as taxes, insurance, utilities, HOA fees and repairs. To predict future maintenance expenses, use the 1% rule, which recommends that homeowners set aside 1% of their home’s purchase value annually.  For example, if you plan on buying a vacation home for $1 million, estimate $10,000 for future repairs each year. Consider setting aside 2% or 3% for mountain or coastal homes, which often come with higher material costs and are more vulnerable to climate-related exposure. How often you’ll realistically use the home To determine if vacation rentals are a good investment, you’ll need to know how much time you plan to spend in yours. The frequency in which you plan to visit your second home determines its value.  For example, if you spend 5 nights in a vacation home that costs $30,000 annually, you’re paying $6,000 a night for the privilege. If you plan to stay 40 nights per year, the nightly cost drops to $750. Your overall availability and proximity to the property greatly affect your ability to spend time in it, so be mindful of your work and life commitments beforehand. Whether renting it out is a priority Renting your home can bring in additional income, but it’s important to know if there’s demand in the area. If planning to rent in the short term, check and make sure that’s allowed in your city, county and HOA. To estimate potential earnings, consider the rates of other rentals, especially noting if prices peak during high season or remain strong year-round.   Local regulations and rental restrictions Zoning laws may place certain conditions on your home and affect how you rent it, or let you know if renting is even allowed in your area. Homeowners associations may restrict how and when your property can be rented, or may ban short-term rentals altogether. Review any city ordinances and HOA documents for the most up-to-date zoning codes. Financing options and long-term affordability It’s typically harder to finance a vacation home because second homes are treated as higher risk, and interest rates may be Be sure to prepare for these expenses in advance to stay on budget. If high upfront costs deter you from buying a vacation home, consider a co-ownership model like Whether full ownership or co-ownership fits your goals Deciding between full or co-ownership of a property boils down to how much time you’ll spend there. Full ownership means you’re responsible for all the finances and labor of a vacation home, so it’s best to be on-site more often.  Pacso co-ownership spreads financial obligations across multiple residents and offers Co-own a vacation home with Pacaso While there are nearly a dozen reasons to buy a vacation home, the initial cost and ongoing maintenance can be daunting. Pacaso offers a unique With Pacaso, you can co-own a DISCLAIMER: This content is published solely for informational purposes and isn’t intended to be investment advice. You should consult an appropriate professional for specific advice tailored to your situation.

Dreaming of waking up to ocean waves and balmy breezes? You're not alone. In 2025, While coastal Our guide will break down the four steps of buying a beach house and discuss the pros, cons and considerations of owning a second home by the water. 1. Understand the beach house market In 2025, the luxury modern beach house market was valued at However, the beach house market can vary significantly depending on location. Some areas, particularly those popular with tourists or  As By understanding these dynamics, you can enter the beach house market with a realistic perspective on pricing and competition. Location is key, so researching specific coastal communities is crucial for making informed buying decisions. Financing options to buy a beach house For example, conventional loans for vacation homes often require a higher For those who don't require full-time ownership, Co-ownership allows you to enjoy the benefits of beach living without the full financial burden and responsibility of sole ownership. 2. Find the best beach house location While the allure of beachfront living is undeniable, location goes beyond just proximity to the water. Consider the following when searching for the best place to buy a beach house: Prioritizing these preferences will help narrow your search and ensure your beach house becomes a true haven. For example, if you're a 3. Evaluate the long-term value of a house near the beach Beyond the initial purchase, consider the long-term value proposition of your beach house. Owning beachfront property can be a fantastic By carefully evaluating the following points, you can ensure your beach house becomes a tailor-made space that fulfills your coastal living dreams: While the allure of beachfront living is undeniable, factoring in the property's long-term usability is essential. Ongoing costs, such as property taxes, landscaping, emergency repairs, and cleaning fees, can total tens of thousands of dollars in higher-end beach properties.  If this amount of upkeep seems overwhelming, consider hiring a 4. Evaluate risk factors Beachside living may be glamorous, but it comes with risk. Coastal properties are more exposed to natural disasters than inland ones, such as hurricanes, floods and tropical storms. There is also a long-term risk of sea level rise, which may be an issue if your home is built close to the water’s edge.  Unfortunately, standard homeowners' insurance may not cover these risk factors, so it's essential to discuss with your provider what they do protect and consider adding additional flood insurance to your primary coverage. Additionally, when considering a location for your beach house, check 5. Work with a local expert Instead of relying on wishful thinking, enlist the support of a knowledgeable realtor to help you make the right choice. Agents can provide you with local expertise and help you understand permit requirements, local weather conditions, and insurance specifics.  Pacaso supports those considering co-ownership with a robust team of local real estate agents who can provide regional market insights and guide you through Pacaso’s specific ownership model, which can reduce confusion and streamline the process of purchasing a beach house. 6. Complete inspections and due diligence Before finalizing any purchase, thorough inspections and due diligence are crucial to avoid These could range from structural issues due to age and wear to potential problems with plumbing or electrical systems exposed to the harsh beach environment. For example, research flood zones and storm risks in your chosen location because, while beachfront property offers stunning views, beach living might also be more susceptible to flooding or storm damage.  Standard homeowners insurance typically doesn't cover flood damage, so factor in the cost of beach-specific flood insurance when Pros and cons of owning a beach house Owning a beach house offers a unique lifestyle with undeniable advantages, but it also comes with challenges and considerations that go beyond the idyllic vacation picture. Let's dive into both sides of the equation to help you decide if a beach house is the perfect fit for your dream home. Advantages of buying a beach house Owning a beach house isn't just about proximity to the water. It unlocks a lifestyle brimming with advantages: These are just a few of the many advantages that owning a beach house can bring. But remember, the decision requires careful consideration.   Disadvantages of buying a beach house While the allure of beachfront living is undeniable, it's important to acknowledge the potential drawbacks before making a significant purchase. Here are some of the challenges that come with owning a beach house: By acknowledging the challenges alongside the undeniable advantages, you can make an informed decision that aligns with your lifestyle and financial goals. Co-own a beach home Owning a beach house might seem out of reach due to the high cost of purchasing and maintaining a waterfront property. But what if you could enjoy the benefits of beach living without the sole financial responsibility? Co-ownership through a platform like Pacaso presents an innovative solution. Pacaso offers Pacaso homes are fully managed, removing the operational burden that often comes with owning a coastal property. Local teams oversee upkeep and readiness year-round, which is especially valuable in beach environments that require ongoing attention due to weather and exposure. The result is a second home experience that prioritizes time at the beach, not time spent managing it.

There are so many ways to vacation: the consistency of a hotel, the extra space in a vacation rental, the structure of a These clubs can simplify travel and often offer a consistent quality, but they also come with commitments that may not align with your travel style. To decide if luxury vacation club memberships are right for you, here’s everything you need to know about this interesting travel program. What is a luxury vacation club?  A luxury vacation club is a membership-based program that gives participants access to thousands of hotels, rental vacation homes and travel experiences. Luxury vacation clubs take these offerings to the next level, with an exclusive, curated collection of In addition to accommodations and experiences, the best luxury vacation clubs offer members concierge services and special perks with airlines, car rental companies and more.  Many large hotel chains, such as Hilton, Marriott, Hyatt and Wyndham, have travel clubs tailored to their own collection of hotels and resorts. However, the most exclusive, luxury travel clubs operate independently of a single hotel brand, offering their members a wide range of options. How do luxury vacation clubs work?  While each luxury vacation travel club has its nuances, they typically operate with the same general model. Members usually pay a one-time initiation fee to join. Then, you’ll pay annual dues, with prices fluctuating based on how much you want to travel each year. Costs can range from a few thousand to much more, depending on how exclusive the club you join is.  In exchange for your investment, you have access to a wide range of accommodations and experiences within luxury travel clubs, many with better perks, lower per-night costs and more options than you’d find if you booked on your own. Some offer a rewards program based on your spend.  The most exclusive travel clubs — among them What are the most popular luxury vacation clubs? Vacation clubs are available at a wide variety of price points, but in the luxury space, there are a handful of clubs that lead the pack among jet-setters.  Inspirato Inspirato boasts a portfolio of high-end homes, hotels and experiences, alongside travel planning, an on-site concierge, daily housekeeping and more. Exclusive Resorts  If Inspirato is a luxury vacation club, Solstice Collection Solstice Collection is an intimate travel club membership experience, with far fewer properties but a promise of better availability. There’s a 6:1 ratio of homes to members, making it easier to book and enjoy time at the ultra-high-end luxury property of your choice.  Ritz-Carlton Destination Club The Ritz-Carlton Destination Club provides a hybrid option in the world of luxury travel club memberships, with partial ownership in their vacation club. Customers choose between a Home Club membership to invest in a single property or a Portfolio Club membership that gives access to Ritz-Carlton’s full roster of their private, multi-room estates.  Marriott Vacation Club As one of the largest travel vacation clubs, Marriott Vacation Club offers travelers a wide range of options through its points-based program. Points are redeemable at both Marriott luxury properties and hotels, with global availability. Members aren’t locked into a single property and can join the Abound program for access to Westin and Sheraton properties.  Disney Vacation Club The Disney Vacation Club is focused on access to the brand’s famous attractions, including theme parks, beach resorts, and cruises. They also host members at non-Disney properties and offer tour-based travel options, popular for adventurous families. The flexible points-based system lets members choose exactly how often they want to travel.  Hyatt Vacation Club The Hyatt Vacation Club is one of the best travel clubs for residential-style properties that often come with multiple rooms, fully stocked kitchens and traditional resort amenities. These properties are uniquely available to non-owners via Hyatt’s loyalty program, which incurs points that are redeemable at both resort and hotel properties.  How is Pacaso different? Luxury vacation clubs offer access to incredible properties around the world. So does Pacaso, with one major difference: You own your second home. Pacaso uses an innovative Pacaso takes care of all the details, from setting up a multi-member Enjoy luxury stays the Pacaso way The luxury vacation club is a popular option for travelers, but Pacaso’s co-ownership model suits those seeking long-term benefits of a property, with none of the upkeep of full ownership.  Pacaso handles property management, maintenance, and local compliance, so you can enjoy a winter stay in Tahoe without worrying about shoveling snow or arrive in London to a home that’s already prepared for you. Homes are located in some of the world’s most sought-after destinations across the U.S., Europe, and Mexico, including places like Paris, Napa Valley, Aspen, and Cabo San Lucas.  Because owners hold real equity in these homes, they’re more connected to the places they visit, supporting local communities while enjoying a professionally managed ownership experience. Browse