home of the free because of the brave wat holiday

In 2004, he co-founded the Rivercrown Group, buying and exiting several real estate companies and portfolios with an aggregate value of several billion euros. He parlayed an early career in the mergers and acquisitions division of Rothschild Bank into a career as one of Europe’s foremost experts in real estate acquisition, structuring and financing. Not everyone has £6 million to spend on one.” All Sonhaus villas have a dedicated top-spec home office. Sonhaus enables people to afford a second home, which otherwise they wouldn’t be able to.

“People have realised that if they can work from home, they can work from a second home. I predict that this will become mainstream.

“Bloomberg or Facebook will pick up three fractions and staff can use it as a ‘work from holiday perk’. He is already seeing more and more corporates buying fractional ownerships of luxury holiday homes as an employee incentive. That’s why Jamie Shalson-Marshall is predicting a work-from-holiday-home trend (cue WFHH). Airbnb and Spotify have introduced work-from-anywhere policies to give employees even more flexibility when they travel. A massive 88 per cent of workers say they are planning to work from anywhere this year and companies are responding. Research from flexible workplace operator IWG suggests that more than half of workers are planning to extend holidays this year to work abroad. In a home you are also not limited to dates and people might opt for longer stays if they can work from the villa, making the idea of co-ownership extremely compelling and popular.”Ĭovid has completely changed the employment landscape, giving an unprecedented rise to remote working, and thus ‘workations’ as people extend their holidays and are embracing the idea of working from anywhere. “For large families that need multiple rooms, hotels become super expensive and then there’s the issue of availability and securing the rooms you want for the dates that you want. “An increasing number of people are being priced out of hotels and holiday rentals,” says Jamie Shalson-Marshal, the company’s head of commercial and agency relations. This is expected to increase as people opt for homes over hotels. The fractional second-home market is worth more than 500 billion euros in Europe alone, according to Sonhaus data. Sonhaus is now looking for similar partners in the UK to market its properties.

The company recently signed a distribution partnership across the pond with high-profile luxury real estate agents, The Agency, founded by Mauricio Umansky, with well-known The Agency partners David Parnes and James Harris, of TV’s Million Dollar Listing: Los Angeles, representing Sonhaus. Administration and maintenance are taken care of by our on-site team, year-round – homeowners can simply turn up and enjoy their villas as and when they wish.” By sizing the upfront investment and management costs of a home directly to the use of that home, buyers can afford to own a multi-million euro home that perfectly suits their needs, and yet is beyond their wildest dreams. “We realised that most second homeowners neither can nor wish to spend more than a small fraction of a year in their properties. We understood that our customers wanted an alternative to the costs and limitations of staying in hotels and renting. Lyons explains: “Sonhaus set out to transform the second home market by tackling the greatest challenges to owning a luxury second home: the high upfront cost and the on-going cost and hassle of management and maintenance, yet with all of the benefits of owing a tangible asset. Get The Jewish News Daily Edition by email and never miss our top stories Each home is fully maintained and managed by Sonhaus – a traditional pain point of owning a second home, says Jacob Lyons, who launched Sonhaus earlier this year as an antidote to the challenges experienced by friends who were buyers and owners of high-end properties in second home markets. The high-spec properties, kitted out with Restoration Hardware furniture, Technogym, Bang & Olufsen and Gaggenau, are located in some of Europe’s most desirable second home markets including Marbella, Mykonos, Ibiza, the Algarve and Mallorca.

Home of the free because of the brave wat holiday