We do the heavy lifting of bringing together buyers to co-own a home, and we serve as the corporate guarantor of the loan, facilitate scheduling stays and provide ongoing maintenance. As owner, you choose the amount of ownership that works for you and enjoy a luxury property that might be out of reach on your own. Plus, your home comes fully furnished and professionally designed.
Owning a Alvivo is true real estate ownership. You purchase a share in a property-specific Sdn Bhd/Pte Ltd. The home is fully managed and designed specifically for co-ownership. o this item.
You book time using the scheduling system. It’s easy to use and equitable for owners, based on the number of shares you own. The system supports two types of stays: advance and short-notice. Advance stays are scheduled 8 days to 24 months in advance, and each owner has access to an advance stay that falls on a special date (e.g., federal holidays and popular local events). Short-notice stays are booked 2 to 30 days in advance of arrival.
You can sell at any time* at a price of your choosing. We have an active network of interested buyers, and the home will also be listed on ALVIVO and promoted across our marketing channels.
*Applies to homes where all ownership interests have been sold. If your house has available interests, you can sell your unit after 12 months of ownership.
A minimum down payment of 30% is required. We are not offer any financing facilities at this time.
You also are welcome to use other sources of capital such as personal financing with third party provider or cash.
Select listings may display whole home pricing in certain markets to comply with local MLS rules. For more information on co-ownership pricing, financing and more, submit your interest on the lead form.
The whole home price is calculated using market list pricing found on other third-party platforms.
The 1/8 ownership price includes an estimated markup that covers Alvivo hassle-free ownership experience. This includes design and furnishings, legal, service and home management fees, and more.
You book time using scheduling system. It’s easy to use and equitable for owners, based on the number of shares you own. The system supports two types of stays: advance and short-notice. Advance stays are scheduled 8 days to 24 months in advance, and each owner has access to an advance stay that falls on a special date (e.g., federal holidays and popular local events). Short-notice stays are booked 2 to 30 days in advance of arrival. (Note: For homes with unsold shares, the short-notice booking window is 2-7 days in advance of arrival.) See additional scheduling FAQs for more details.
We helps people buy, own and enjoy a true real estate asset. Most timeshares, in contrast, sell the right to use a fixed amount of time in a condo or hotel shared by dozens of people. These units are notoriously hard to sell due to a supply and demand imbalance. Alvivo brings together a small group of co-owners to purchase a share of a single-family home and enjoy ongoing access. Alvivo handles all management details, provides full transparency on LLC operating expenses, and facilitates a seamless resale on the open market once homes have been fully sold.
Owning real estate with others in an LLC is not a new practice. However, “DIY” LLC co-ownership is a headache to set up and a hassle to manage, especially when personal relationships are involved. Pacaso’s fully managed LLC co-ownership is a technology-enabled real estate ownership solution that removes the interpersonal stress and operational hassle of going at it alone.
No. Alvivo ownership is structured through an LLC. Owners purchase a share in the LLC, which holds the deed to the home. This structure provides Pacaso owners with protection, privacy and flexibility. A Tenancy in Common is a specific type of ownership format with deeded ownership for each partial individual owner.
We budget for owner expenses annually and break the total into 12 monthly payments. Costs are shared between owners pro rata, based on the number of shares they own. Monthly payments are deposited into the LLC account, and we uses the funds to cover expenses as needed. Monthly costs cover property management, preventative and routine maintenance, utilities, taxes, contributions to the reserve fund, and other expenses. Learn more about co-ownership costs.
No, owners are not permitted to rent out or sell time on vacation rental sites or other public rental listing services. All guests must be registered and have the Pacaso app on their phone to access the home.
To maintain privacy for owners and their families, we do not facilitate meetup and keep all owner information confidential. Our owners have also given feedback that not knowing other owners makes for a more seamless and hassle-free experience.
Don’t worry — you are protected. As the manager of your home’s LLC, Pacaso will assume financial responsibility if an owner defaults on payments. This is one of the benefits of our ownership program.
We find that owners exhibit true pride of ownership and typically leave their home in excellent condition. To ensure a quality experience for every owner, homes are inspected after each visit. Any damages beyond regular wear and tear are charged to the owner who was using the home at the time.
Yes, as a true owner, any equity gains realized are yours.
Yes. Each owner has designated storage space for personal items.
Yes. Owners may bring up to two dogs to their home, with some restrictions.
All owners must adhere to our owner Code of Conduct. For example, owners are prohibited from renting out their homes or hosting events that would be disruptive to the neighborhood.
Alvivo manages these details, including landscaping, tree trimming, gutter cleaning and pool maintenance, through locally hired professionals.
If the other shares in your home are fully sold, you can sell your ownership at any time — plus, you set the sale price. We have an active network of interested buyers, and the home will also be listed on Alvivo and other websites, and promoted across our marketing channels.
As a service to owners, Alvivo works with professional interior designers who decorate and furnish the home to suit its unique style and location. Our goal? To create luxurious surroundings for effortless living. We think you’ll love the modern finishes, smart tech and beautiful décor. Each home is meticulously well-appointed with everything you need to cook, relax and play, so you can just show up and enjoy your time.
An outside agent is not required to purchase. We will be happy to assist you through the purchase process if you don't have an agent. If you do have a real estate agent, feel free to let us know as you start the purchase process.
Alvivo
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