Co-ownership - The future of holiday home ownership
Purchase a share in a dream property, own the asset, make memories that last a lifetime—while we manage every detail behind the scenes.
Prices start at $225,000
What is co-ownership?
Co-ownership allows multiple buyers to own a portion of a holiday home. Through Faction you can;
Buy a 1/8th share in an incredible property
Use it 44 days per year
Own the underlying asset
Let us take care of everything from financing to ongoing property management.
Watch the video to learn more.
Our markets: Byron Bay & Sydney
Launching multiple properties in Jan. 2025
The Juliette: Byron Bay
$225,000 1/8th ownership
2 bds | 2 ba | 1 car
Jonson Street, Byron Bay, NSW 2481
The Beachley: Byron Bay
$665,000 1/8th ownership
3 bds | 3 ba | 2 car
Paterson Street, Byron Bay, NSW 2481
Magnolia House: Sydney
Join our waitlist to learn when we launch these properties and more
The benefits of co-ownership
Right size the investment you make in a holiday home with how much you actually use it.
Through Faction you can own a portion of an incredible holiday home, use it 44 days per year, and leave the rest to us.
Shared expenses
Ongoing expenses like maintenance, taxes, and insurance are split among co-owners, reducing the financial responsibility for any one individual and making ownership more cost-efficient.
Affordability
Co-ownership allows multiple parties to share the cost of purchasing and maintaining a holiday home, without the full financial burden of sole ownership.
Ease
Faction takes care of all of the maintenance, management and all of the thoughtful touches that really define a holiday. You can just show up and enjoy your holiday!
Flexibility and usage
Co-owners can enjoy the property during allocated times, often with flexible scheduling systems in place. When the property is not in use, it can also generate rental income, further offsetting costs.
FAQs | Buyers
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Faction is currently working with a leading financial services firm to offer this service on the most favourable terms to our community.
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This is a different concept. Fractional home ownership is a real estate approach in which several people or organisations jointly own and share the rights to a single property.
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Yes, you can sell your share by putting it back on the Faction marketplace. We will assist by offering a suggested market valuation for your fractional share.
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The usage schedule is typically organised on a rotational or first-come, first-served basis, depending on the agreement among co-owners. Our platform provides a straightforward system to book your usage days, ensuring fair access for all owners based on their share.
