Affordable family travel

Family vacations are a cherished tradition, but they can also be a significant financial burden. Recent studies show that the average cost of a family vacation ranges from €1,200 to €5,000 per person, depending on destination, trip duration, and accommodation type. For a family of four, this can quickly escalate to a considerable expense.

The Cost of Family Travel

Accommodation costs typically consume a large portion of the travel budget. Renting multiple hotel rooms or suites can strain your finances, especially during peak seasons. Add the expense of dining out and purchasing tickets for activities, and even a short getaway can feel like an unattainable luxury for many families.

Why family vacations matter

Family travel isn’t just about relaxation—it strengthens bonds, creates unforgettable memories, and broadens horizons for children and adults alike. Exploring new cultures, trying new activities, and spending quality time together are vital for personal growth and familial connection.

However, the rising cost of travel can limit options or deter families from taking their dream vacations.

The good news?

There’s an innovative way to make family travel more affordable while maintaining comfort and quality: vacation home co-ownership.

Vacation home co-ownership offers families the opportunity to own a share of a vacation property at a fraction of the cost.

Imagine having access to a luxurious retreat in your favorite destination without bearing the full financial and management responsibilities.

With co-ownership, multiple families can invest in a property, sharing costs like the purchase price, maintenance, and utilities. This significantly reduces financial strain compared to sole ownership.

Shared financial benefits:

• Split maintenance fees and property taxes among co-owners.

• Spread financial risks, such as market fluctuations, across multiple parties.

• Gain a valuable, appreciating asset instead of spending on rentals or hotels.

The financial advantages of co-ownership

1. Invest, don’t spend

   Instead of spending thousands annually on hotels or rental homes, families can put that money toward a co-owned property. Over a decade, typical vacation costs for a family of four can exceed €200,000. Co-ownership transforms those expenses into an investment that can grow in value and be resold for a potential profit.

   
   

2. Affordable luxury

   By sharing ownership, families can access high-quality vacation properties without shouldering the full cost. Enjoy all the comforts of home, including ample space and privacy, for far less than resort or hotel stays.

   
   

3. Reduced maintenance costs

   Repairs, landscaping, and cleaning can be costly for sole owners. In a co-ownership arrangement, these expenses are divided, making them more manageable.

   
   

4. Flexibility and variety

   Co-ownership doesn’t mean being tied to one location. Families can collaborate with others to co-own properties in multiple destinations, allowing for diverse vacation experiences.

   
   

5. Generate rental income

   When not using your vacation home, you can rent it out to other travelers and offset costs. Platforms like Airbnb and VRBO make it easy to generate income, covering expenses or even turning a profit during peak seasons.

   
   

6. Long-term value

   While co-ownership requires an initial investment, the property’s value may appreciate over time. This creates a financial asset you can sell or pass down to future generations.

   
   

7. Enjoy shared amenities

   Many co-owned vacation homes include premium amenities like pools, hot tubs, and outdoor entertainment areas. These features enhance your stay without the full financial responsibility of upkeep.

   
   

8. Lower travel and meal costs

   With a vacation home, you can save on dining expenses by cooking in a fully equipped kitchen. Additionally, co-ownership providers manage property maintenance, reducing the need for additional trips to inspect or prepare the home.

   
   

9. Streamlined budgeting

   Co-ownership simplifies family travel budgeting. Instead of annual costs for unpredictable rentals, families pay manageable, predictable expenses, ensuring a stress-free way to plan vacations.

   
   

Transform the way you vacation

Vacation home co-ownership is a practical solution for families seeking affordable and enjoyable travel experiences. It offers financial stability, flexibility, and the chance to create lasting memories in beautiful destinations—all without breaking the bank.

Unlock a world of affordable travel with OWN18

At OWN18, we specialize in making vacation home co-ownership seamless and rewarding. With a curated portfolio of properties in sought-after destinations worldwide, you can enjoy the perfect getaway year after year.

Ready to make your family vacations more affordable, memorable, and sustainable?

Discover the benefits of co-ownership with OWN18