You can own anything from 1 to 4 shares of each property. Each share gives you access to 6 weeks of enjoyment every year
Yes, you own all the home through a locally created LLC that is registered for the sole purpose of purchasing the home.
You are more than welcome to do it. We want you to share your home with like minded people, so if you already share the mindset with others, let’s make sure to spread the joy.
Yes we will. We work with a solid network of real estate professionals so we will make sure to select the right group for you and your home.
The purchase cycle of a fraction can usually take from 2 weeks to 3 months. The buying process of a house depends on how many buyers there are and how many fractions each owner gets.
Finance up to 100% of your fraction and pay interest only for the life of the loan.
Vivla has created, together with Andbank, a customized pre-approved pledged loan for the purchase of fractions of VIVLA, with conditions similar to those of a mortgage.The guarantee of this loan is a portfolio of financial assets (investment funds, bonds, shares, derivatives, deposits, etc.) equivalent to a 50-75% loan on the value of the portfolio.
Our monthly fee is 120€ per ⅛ share. This covers the costs for all administrative work and technology necessary to run your property, as well as setting up and managing the LLC we created for your home. All other home costs are proportional to the number of shares every owner has. They are included in an annual budget which is passed on to the owners with no markups on our side.
Yes, we give owners the flexibility to lend out the weeks they will not be able to enjoy at the property to family and friends.
We work with the best designers in the market in order to make sure each home is unique and tastefully decorated, according to Vivla’s standard of excellence. The costs of the design are included in the final price of the house. We don’t add any marginal profits to it.
You will be protected and will not have any responsibility for any payment issues. Vivla will be responsible for any home financing aspects and will resolve payment disputes with the specific owner
Yes home insurance is included in your annual fee, as well as regular management of the house.
Houses are decorated by the best professionals in the market, using clean aesthetics and beautiful furnishings that fit every taste. You will be able to store and bring in your personal belongings to make the space yours while you are staying in your home.
Your belongings will be stored as part of our monthly services, and will be brought to your house before your arrival, so it feels homey the minute you enter it. Nobody else will have access to your things except for you, your family and the home management team.
Depending on the group of buyers that is finalized for the house, we will create a set of rules that are personalized for them, so if the group is pet friendly, it will be taken into account. Any damages caused by an owner’s pet will be held accountable to that specific person.
We expect owners to share a common philosophy to take care of their home with the utmost care, however, in order to ensure a common understanding and share the same expectations when using the property, owners will adhere to a code of conduct that will be made available and required to sign upon finalizing purchase of the property.
Accidents can happen to everyone and we understand that. We will help you out if anything happens during your stay in order to fix things. We carefully inspect the home after each stay to make sure it is left in the same state as before. Owners are responsible for damages to the house that happen beyond any regular wear and tear.
Definitely, you can resell any time you want after a minimum latency period of 12 months. Vivla will help you resell your shares and you are free to set your own price.
We include any services needed to keep the property in excellent condition at the standard needed for an exclusive home: as an example, it can include anything from gardening to cleaning services, in addition to pool maintenance, insurance or any annual fees.
Buying a Vivla home means you get access to really special and unique services to make each stay unforgettable. We offer customized services for our guests, including catering, at-home chef services, childcare, event planning and booking, as well as having your favorite wine and snacks ready for your arrival, among others.
Selling a house with Vivla means you can keep part of it. You can decide how many fractions of your house you want to sell to other people, so you can minimize costs and keep enjoying it in a much easier way.
It’s very easy and streamlined. Vivla will purchase your property and create an LLC to set up ownership. We set up the number fractions and find buyers for them.
We work with the best local real estate agents to create all necessary sales and marketing materials and find suitable buyers. Materials are customized to showcase your property in the best way possible. We also add some designing features to upgrade your house and do any necessary repairs.
You can keep up to 50% of the house.
We have an approval process to make sure that we select responsible owners with a likewise mindset. They also need to agree to a code of conduct and ownership rules.
Our excellent interior design team makes sure all interior design elements are up to date and fit within a certain market standard. If your belongings fit those needs, we can buy them from you, if not, we will replace them with a newer or more standard version to fit everyone's taste.
You can sell your shares any time after the first 12 months. You decide on the selling price and can sell by yourself. Alternatively, we can fully take care of the sale by finding and selecting buyers, advertising your shares on our website, doing any additional marketing work, and working jointly with real estate agents to finalize the process.
For every share buyer you refer, you get a 5% commission
You get paid the day your share sale is finalized.
It is very similar to the way you sell any other property. The main difference is that it is much easier for you because we can take care of all the paperwork and process and you get a higher commission than with a traditional home sale.
You can have your buyer contact us directly or act on your buyer’s behalf. However you decide to stay involved, your commission will not change. Just fill out the contact form or call one of our sales agents and we will be happy to work with you.
Get in touch with us via our contact form or give us a call. We will review the property and if it's a good fit we will follow up with you with next steps.
The booking system aims to maximize the vacation experience for property owners in a fair and simple way, offering an easy-to-use booking system with the option to cancel, exchange or rent your weeks.
There are two types of booking: beach houses and mountain houses. In the beach houses, each owner has 6 bookings of one week each (42 days in total), always from Monday to Sunday.
The high season lasts one week, the medium season two weeks and the low season three weeks. In the mountain houses, each owner has 7 reservations that are distributed non-uniformly (in blocks of days), giving a total of 45 days (38 nights in total) - 3 days more than on the beach.
High season skiing lasts 1 block of 5 days, summer season lasts 1 block of 7 days, mid season lasts 2 blocks of 6 days and low season lasts 3 blocks of 7 days.
The mountain typology exists due to user feedback and the fact that the ski season is "limited".
The main difference between the two types of booking is that in the mountain the bookings are distributed in blocks of days, while in the beach they are always for a week. In addition, the high mountain season is divided into more blocks of shorter duration so that all owners can enjoy the snow, and the summer months (which are very popular) are added so that users have the opportunity to book a ski block and a summer block.
Each owner can enjoy 6 weeks a year, divided into 1 high, 2 medium and 3 low season.
But don't worry, you decide which days you want to book within each week!If you want to book two weeks in a row, you can only do it in mid or low season, as it is not possible in high season.
To help you choose your weeks, there is a specific calendar that divides the calendar year into high, mid and low season, and it is visible to all owners!
The choice of weeks for the next year opens in September of the previous year, so in September 2023 you will be able to choose your weeks for 2024.If this is your first year as an owner, the choice of weeks will be awarded on a first-come, first-served purchase basis and will be divided into two rounds. In the first round you will choose 2 weeks: one high season and one low season. In the second round you will be able to choose the remaining weeks.From the second year onwards, you will hav
From the second year onwards, you will have a window of time to make all your reservations for the following 365 days.
There will be 2 rounds of week selection: the first round to select one week of high season and one week of low season, and the second round to select two weeks of medium and two weeks of low season.If you don't use all your weeks, don't worry, you will be able to exchange them with other owners or even rent them.
And to make sure that all owners have the same opportunities, the system will take into account the average rental value and occupancy to distribute the seasons equally.
For each fraction you can enjoy 7 slots per year.
The slots are distributed unevenly among the days of the week, taking into account holidays, long weekends and weekends in order to optimize the slots to the maximum.
The division of the 7 slots is: 2 high season, 2 mid season and 3 low season.
No. Only in mid or low season two consecutive weeks can be chosen, in high season it is not possible to do so.
For each city there is a specific calendar that divides the calendar year into high, mid and low season, which is shared and visible to all owners. Here you will see the specific slots for each season.
The choice of weeks for a calendar year opens to owners in June of the previous year. For example, June 2023 would open the calendar for the 2024 choice of weeks. (December 2023 to December 2024).
In the first year, which is called year zero of the home purchase, the election of weeks is awarded on a first-come, first-served basis. A proration of the remainder of the year will be made in order to indicate to each homeowner how many slots he/she can choose.
In year zero, the remaining prorated slots are chosen in two rounds, depending on the remaining available seasons in that year. In the first round, 2 slots will always be chosen: one from the highest available season and one from the lowest available season, and in the second round the remaining prorated slots will be chosen.
If in year zero there are only low season or single season slots, the same dynamics of choice will be followed, i.e. there will always be two rounds in order to maintain a balance of choice among all owners.
From year 1 onwards, there will be 2 rounds of week/slot selection: the first round to select 3 slots (one high season slot and two low season slots) and the second round to select 4 slots (two mid season slots and two low season slots).
Bookings that are not made will remain available for one-off bookings, week exchanges and rentals.
Each user, regardless of the order in which they choose their slots each year, must have a "target value" equal to that of the other users.
It's a 30-day period that opens after the two stay election rounds have closed, during which owners can request to exchange their stays with other owners.
Want to know what the rules are? It's simple: you can exchange between owners of the same VIVLA house or of different VIVLA houses in different destinations, as long as you do it within the same period of the election year and exchange the same number of stays. If the exchange is between different seasons, it will be done under a specific parity.
An owner will request it, and the Guest Experience Manager (GEM) will contact the other owner to confirm if there is mutual interest in the exchange.
It is possible, but only under an experimental pilot format. VIVLA cannot yet guarantee exchange compliance for all existing owners. Depending on the success of the pilot, it will be expanded in 2024.
Exchange requests from other owners will be looked at to find the best match. Owners with free weeks within that requested season will be prioritized, followed by those with the most weeks of non-use marked in that season.
The order of selection of the weeks according to Round 1 will also be taken into account. So, there is an incentive to mark more weeks as Non-Use to increase the chances of exchange. We hope you find this information useful!
The rental process on VIVLA consists of users being able to rent their stays after two rounds of selection and an exchange window, and the VIVLA team will seek to maximize occupancy and return by using the best tools on the market to optimize the price.
The goal of renting stays in the VIVLA community is to maximize sharing and renting within the community, and reduce the need to rent outside the community
Rental profits are shared equally only among owners who have chosen to rent their stays, and is based on the number of weeks rented within a season. In addition, the economic value of all weeks in the same season is considered equal.
In order to minimize the risk of an owner not getting any rental return, the profit earned for all weeks occupied within a season will be shared equally among the owners who have chosen to rent, and based on the number of weeks rented.
If you can’t find the answer you are looking for, please don't hesitate to contact us.
