Introducing Pacaso
Pacaso is a real estate service founded by former Zillow executives. It offers a modern way to buy and own a luxury second home for significantly less cost, and removes the typical hassles of homeownership.
Pacaso acquires premium single-family homes in desirable locations and creates an LLC for each home. Buyers purchase the amount of ownership that meets their needs, starting at one-eighth. Each home has a maximum of eight owners, and when the home has been fully sold, Pacaso does not retain any ownership.
The company provides comprehensive property management, including design, cleaning, maintenance, repairs, bill payment, LLC administration, and tax handling. Owners book stays through Pacaso’s SmartStay™ scheduling system, reserving their turnkey home from two days to two years in advance.
Pacaso makes it simple
Yes. Pacaso offers buyers access to a competitive-rate mortgage for up to 70% of their home’s purchase price. Buyers can also use other funding sources such as a HELOC, credit line or cash.
Owners book stays using the Pacaso app, designed to make scheduling easy and equitable based on your amount of ownership. You can schedule stays throughout the year, anywhere from 2 days to 24 months in advance, and there are no fixed selection periods.
Pacaso gives buyers:
- The opportunity to own a second home for dramatically less cost and management hassle than whole second home ownership.
- The capacity to buy a higher-tier second home, because co-ownership lets them boost their purchasing power.
- The flexibility to own the amount of second home that’s right for them, ranging from 1/8 to 1/2.
- Effortless ownership of a turnkey second home, with Pacaso taking care of property management, interior design, scheduling and bill payment.
- Confidence in a streamlined resale. Owners are free to sell at any time. They set their own price and can tap into Pacaso’s active marketplace of buyers, enjoying any equity gains. Historically, Pacaso listings resell in with an average 10% gain.
Market Leadership That Matters
Pacaso manages over $2 billion in luxury properties across 40+ premier destinations worldwide. With a proven track record of 10% average annual appreciation; double the rate of traditional luxury vacation homes.
Premium Global Markets
Average Annual Appreciation
Owner Satisfaction Rate
Properties Under Management
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