What is Pradanest?
Pradanest is a luxury holiday home co-ownership model where 21 families share five premium holiday homes in desirable destinations. Each family enjoys full ownership benefits, hassle-free management, and excellent availability throughout the year.

How does the ownership model work?
Each owner group consists of 21 families sharing five holiday homes. Ownership is equally divided among the families, providing each with a share in the entire portfolio. This model ensures high availability, even during peak seasons.

What destinations are available?
Our holiday homes are located in prime destinations across Europe, including beachfront, countryside, and ski resort areas. Each location is carefully selected for its investment potential and desirability as a vacation spot.

What if I don't use my vacation days?
If you don't use your vacation days, you can trade them with other families, cancel, gift them, or sell them for a profit. Pradanest can also list your unused days on booking platforms, with any generated revenue allocated to you after deducting a service fee.

What are the legal implications of owning a share?
Pradanest ensures compliance with relevant legal frameworks and monitors law changes that may affect the owner group. However, we strongly recommend seeking personal legal advice to understand the specific implications for your situation.

What are the tax implications of owning a share?
Pradanest ensures compliance with tax laws in the countries where the holiday homes are located and where the owner group is incorporated. However, we advise seeking personal tax consultation to understand the implications based on your residency and ownership structure.

How can I join a Pradanest owner group?
To join, attend our webinar or book a coffee meeting with us. We will answer your questions and help determine which Pradanest offer best suits your needs. After a successful meeting, you’ll receive a reservation form to secure your place in an owner group.

How can I finance my share in an owner group?
Financing options include cash, savings, or leveraging an existing banking relationship. Your share may serve as collateral for a loan, and we can provide necessary documentation for discussions with your bank. You may also consider refinancing other fully owned properties. Additionally, we accept cryptocurrency payments.

Can I sell my share in the owner group?
Yes, you can sell your share at any time. You may find a buyer yourself or request our assistance. Shares in established owner groups often generate significant resale value.

How are the holiday homes managed?
Pradanest oversees all aspects of property management, including maintenance, utilities, and cleaning. We also offer additional services such as pre-arrival grocery stocking and optional ongoing cleaning during your stay.

How is availability managed?
Each family is allocated 21 high-season nights per year, with additional availability in low seasons. Our intuitive booking system allows owners to trade, sell, cancel, or gift their bookings, ensuring maximum flexibility and convenience.

How does Pradanest make money?
Pradanest operates transparently. We generate revenue through real estate agency commissions, renovation and interior design markups, and monthly management fees. Our focus is on providing exceptional service while keeping costs competitive for our owner groups.

Didn't find your question?
If your question is not answered here, feel free to contact us directly. We're here to ensure you have the best possible experience with Pradanest.