What Is 21-5?

The 21-5 concept is ideal for families who want to enjoy North America from their own vacation homes at prime locations but don't want the hassle that normally comes along with property ownership.

For over a decade, 21-5 has perfected the concept that has brought the idea to life for more than 500 happy families. Headquartered in Copenhagen, Denmark, the focus was initially European vacation destinations. We have now expanded to North American destinations for Canadian and American families managed from our offices in New York, USA and Vancouver, Canada.

We connect 21 families in what we call an owner association and find five beautiful vacation homes on their behalf. Each family will co-own the five properties with the other 20 families and equally share the costs. The 21 families will meet each other at a founding meeting and then pay their share to a common account within the association. The properties are not bought in advance but found and purchased after every family has met and paid 1/21.

21-5 ensures a stress-free experience because we not only find, negotiate and acquire the vacation properties, we also renovate, furnish and manage the homes. You don’t have to worry about dealing with local authorities, maintenance, cleaning, landscaping, pool, owners association administration, etc. All you have to do is arrive and enjoy your vacation.

The set-up is governed by thorough bylaws to ensure that all legal and financial matters are covered. In fact, if something goes wrong, for instance, if an investor fails to pay the monthly common expenses several times or in another way seriously violates his commitments, the other members do have access to means of exclusion. The entire set-up is established to provide security for everybody, legally, on tax matters, and financially. In short, we build trust through full transparency.

 

 

Booking of the five vacation homes is managed via an easy-to-use online system designed to accommodate both long-term vacation planning but also support those who like to schedule a spontaneous get-away. The 21-5 booking system is not designed on a first come, first served basis but makes it possible for all families to book the most attractive vacation weeks on equal terms.

Each owner has, on average, 12 weeks available to enjoy their five vacation homes, which is more time than most use. Therefore, many of our owners lend out weeks to family and close friends. However, the vacation properties cannot be rented out and thereby obtain any rental income.

Generally, our families use their vacation homes about 6-8 weeks every year. This leaves plenty of room in the booking calendar for both long-term vacation planning and spontaneity.

Read more about the 21-5 concept - click here

Contact 21-5 and we will help you fulfill your vacation home dreams.

 

Send an email to tb@21-5.com or give us a call at

+1 888 820 TRAVEL