The concept

We assemble 21 families in what we call an owner association and purchase five beautiful vacation homes on their behalf.

You will co-own the five properties with the other 20 families. Each family owns 1/21 of each of the five properties and equally share the costs. We, 21-5, do not own any ownership shares in the owner associations.

The individual owner associations are governed by a thorough contractual framework to ensure that all legal and financial matters are covered and clarity is delivered. The contact includes a detailed description of the 5 homes and the buy-in.

The vacation homes are not purchased until after the inauguration of the association. Subsequent to the inauguration, the 21 families transfer the funds to their owner association's bank account, and the property hunt and acquisitions begin.

21-5 ensures a stress-free experience because we not only find, negotiate and purchase the vacations properties, we also renovate, furnish and manage the homes. You don’t have to worry about dealing with local authorities, maintenance, cleaning, landscaping, owners association administration, etc.

Just arrive and enjoy your vacation.

As a 21-5 owner you have your own 5 beautiful vacation homes to enjoy all year round. Plenty of space and place to rejuvenate and enjoy.

However, with currently 155 properties (and rapidly growing) there is an obvious and wonderful opportunity to significantly expand the number of homes and destinations available to our owners.

21-5 is introducing the global exchange program. You will be able to borrow vacation weeks from the other 21-5 vacation home owners. Simple, easy and giving you access to amazing vacation homes and destinations in North America, Southern Europe and Scandinavia. With a home swap button integrated in the association website you will be able to gain access to a wealth of travel variation.

Enjoy a villa in Tuscany, an apartment in Paris, a villa in southern France, a ski chalet in Chamonix in the French alps, or why not a home in the US Virgin Islands? As something brand new, you will be able to explore Scandinavia in some of the beautiful vacation homes on the way there?

Every 21-5 home has been identified and renovated by 21-5. Therefore you know that location, layout, furniture, home décor, the look and the feel live up to the high standards you are used to from your own 21-5 vacation homes.

Because it’s only 21-5 owners who can swap homes with each other, you can rest assured that visiting owners will take as good care of your property as their own.

We launch the global exchange program in the fall 2021.

Just as we encourage you to evaluate the concept, the people and track record behind 21-5, we will also evaluate the owners/families considering to be a part of an owner association.

It’s difficult for us to set objective evaluation criteria, so we take our time to meet with each potential family. Not only to answer any questions, but also to gauge if the right fit is there for a given association. We want to make sure that all owners understand the benefits, responsibilities and compromises and, not at least, are trustworthy individuals who will take good care of the vacation homes and their owner association and responsibilities.

When a new owner association is launched, we produce a brief which describes the association, the vacation properties, the finances, etc. The brief can the obtained from 21-5.

Next step is for us to meet face to face. We suggest that we sit down for a cup of coffee. It’s an informal opportunity to get to know each other and discuss the 21-5 concept.

Subsequently, should you wish to proceed, we will send you the contractual framework for you to read and sign. The signed contact is the ticket to the inaugural meeting. At this point you are not yet committed to join the owner association.

When at least twelve owners/families have signed the contractual framework, we will hold the inaugural general meeting, where everybody will get a chance to meet each other. All the participants will introduce themselves and the founding charter is signed.

You are now officially a member of  the owner association and the 21-5 team will begin the search and purchase of the vacation properties.
The funds from each family due one to two weeks after the inaugural meeting, and the money are placed in the owner association’s own bank account.

Should you, unexpectedly, at the inaugural general meeting get cold feet and change your mind, you simply don’t sign the founding charter, tear up the contractual framework you’ve signed, and walk away without any financial or legal commitments. So far, we have never seen this happen.

Click here for owner associations currently available.

There are many good reasons why a share in a 21-5 owner association makes sense.

Much more bang for your buck. Every property represents a value of roughly four times your investment, and you will co-own five! You will get much more value compared to buying your own comparable vacation property.

No hassle. You won’t have to worry should a water pipe burst or a roof tile falls down. You have a professional support system in place to take care of your vacation homes.

You are not tied to one place. With a share in a 21-5 owner association, you have five beautiful vacation homes at five wonderful locations at your disposal.

Spoil your family and close friends. Give them a week in one of your five vacation homes, since you probably won’t use all the weeks you have available every year.

No financial liability. All the properties are purchased in cash to avoid any financial liabilities.

Good deals. The 21-5 team have the experience and knowledge to find and purchase vacation properties at price points you most likely would not be able to get on your own.

Added value through renovations. Our track record shows that our meticulous quality renovations have added significant market value to the more than 100 vacation properties we have purchased and transformed for our owners/families.

Win-win. Because of our prudent purchase skills and tasteful renovations, we have added more market value for our owner associations than the associated costs. A real win-win scenario.