0 ⅛ Ownership

Whole Home Price 0

Break Down

Home Expenses

ABOUT THIS HOME

DISTINCTIVE AMENITIES

No Distinctive Amenities Available

VINCI STANDARD AMENITIES

No Standard Amenities Available

LOCATION

Financing Details are Currently Unavailable

MONTHLY COST ESTIMATE

  • Annual expense / by 44 days (1 share)
  • If you go to a hotel or VRBO for equivalent time, 44 days a year which includes weekends then this program save your dollar$
  • Vacation or workation
  • You are paying for yourself to use the home or saving dollar$ on each stay
Per Night Days Annual
Vinci Owned Home: 0 44 0
VRBO/Airbnb Like Home: 0 44 0
SAVINGS: 0 44 0

Simple co-ownership

Owning A Second Home Has Never Been So Enjoyable

Worry-free living

Vinci makes it easy to own a second home, and we make selling simple too. After 12 months of ownership, you are eligible to sell at any time at the price you choose.

Moving on?

Resale is fast and streamlined with our established marketplace of interested buyers. In many cases, homes are sold with no need for listing. If we don’t have an active buyer waiting, your ownership will be marketed broadly on Vinci and third-party real estate sites. As with any home sale, any equity gained is yours.

Reduce Ownership

Buying more than 1/8 share in a Vinci property? Life happens and sometimes you want to vacation in different locations or not able to travel as much as you thought. Vinci affords you the opportunity to reduce your ownership while still maintaining some exposure to equity in your property depending on if you retain any shares.

Connect with The Team

Our team members are happy to walk you through every aspect of finding, listing, and selling your dream home. Get in touch today!

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Check Out More Carefully Procured Dream Homes

What are my costs?

If you’re considering a second home purchase, you probably want to take a quick pause from browsing listings and imagining yourself poolside or exploring your new home’s vineyard and get to know more about the bottom line. Vinci is committed to full transparency. We want to make sure buyers understand the cost breakdown upfront, so there are no surprises later on. Our pricing model covers three main areas:

  • Share price
  • Monthly owner expenses
  • Vinci’s program management fee

Determining Share Prices

When you browse Vinci listings, the sale price reflects the cost to purchase ⅛ ownership of the home. If you want more ownership, multiply that price by the number of shares you wish to purchase, up to four (½ ownership of the home). We determine the sale price of a share by adding in these costs:

  • Whole home purchase price. This one is self-explanatory — it’s the amount Vinci paid to acquire the home on the open market.
  • Home upgrades and closing fees. We give each home a design makeover, installing all the design touches and amenities you need to maximally enjoy your stay. This includes big-ticket items, like high-end furnishings and state-of-the-art appliances, as well as small details, like board games and handy kitchen gadgets. Our professional interior designers customize each home, and we install the latest home tech and smart home features. We also calculate the real estate transaction costs (agent commissions, inspections and closing costs).
  • Vinci’s service fee. This one-time fee covers the costs of buyer aggregation (finding and vetting qualified owners) and LLC formation (including legal fees).
  • Financing. For buyers who choose to finance their purchase through Vinci’s banking partners, a financing fee will be assessed at closing. A summary of these costs can be accessed via the listing details for any available Vinci.

Upkeep and Maintenance

As with any home, there are utilities and other ongoing expenses associated with keeping the lights on in your Vinci. These costs ensure your home is well-maintained and ready for your next stay. Because Vinci manages the home, you don’t have to worry about any of the usual homeowner details or hassles — we take care of the bills, cleaning and maintenance, and we even handle property tax payments. We budget for owner expenses annually and break the cost into 12 fixed monthly payments. Costs are passed through to owners, with no markup, based on the number of shares they own. Monthly payments are deposited into the LLC account, and Vinci uses the funds to cover these expenses as needed:

  • Preventive and routine maintenance. Depending on the property, this may include landscaping, pool maintenance, snow removal, HVAC servicing, gutter cleaning and more.
  • Property management. Vinci provides in-house property management services in most regions, and elsewhere we work with experienced local property management companies who take care of the day-to-day needs of the home. We ensure communication is streamlined and the quality of service is exceptional.
  • Cleaning. Each home is thoroughly cleaned and inspected after each owner’s stay, and consumable supplies, such as paper goods, are replenished.
  • Utilities. This includes gas, electric, water, sewer, garbage and internet/TV — the basics to keep your home functional.
  • Taxes and insurance. Vinci manages the payments for property taxes and homeowners insurance premiums when due. We’ll provide an annual K-1 tax form for each owner.
  • Reserve fund. As any homeowner knows, things break or wear out, so Vinci maintains reserves in the LLC to cover those unforeseeable or longer-term expenses, such as a roof replacement. We will only increase monthly owner expenses if it’s needed to cover increases in actual costs of the home, such as insurance, taxes or other increased rates. Any necessary adjustments are made annually, and all cost statements are available to owners upon request.

A Fully Managed Experience

One of the biggest downsides of a typical second home? The burden of owning another property. Vinci relieves you of these worries and hassles by managing all aspects of homeownership:

  • Aggregating and managing the monthly owner expenses and taxes;
  • Maintaining the LLC and resolving any disputes between owners or the municipality;
  • Providing dedicated owner support.
  • Financing. For buyers who choose to finance their purchase through Vinci’s banking partners, a financing fee will be assessed at closing. A summary of these costs can be accessed via the listing details for any available Vinci.

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