6 Facts to Consider Before Buying a Second Home

Most people dream of owning a second house or a summer house. We have listed the points you should pay attention to when you plan to own such a house in 6 questions for you.

Location: How close should your second home be to your first home?
Cost: What is the limit of your budget and what facilities would you like to have in line with this budget?
Area: How many square meters should the house you want to own have, how many rooms should it have, should it have a pool and a garden?
Living in Your Home: How many people do you plan to live in or host in your second house?
Time at Home: How much time do you want to spend at the house you plan to buy?
Your Pet Friends: Do you have a cute four-legged friend who will live with you?

First of all, it is quite important to get acquainted with the real estate market and the average values of houses in the place where you are going to buy or plan to buy. While calculating the budget, in addition to having information about this subject, you need to have an idea about the tax, insurance, and general maintenance costs of the house.

Considering all these accounts and high costs, especially those who want to own a summer house may prefer to consider one of the following options instead of owning a second house:

Short-Term Rentals: Short-term rentals through periodic flat rental platforms are one of the most preferred methods. However, the owners of the properties may demand very high rental prices for these short periods. In addition, the house photos you see on the internet may not always reflect the real situation of the house. Moreover, deficiencies in cleaning and hygiene may be bigger problems to solve above all these.
Hotels and Resorts: This is an option that people prefer for holiday destinations they want to visit regularly. However, in hotel stays with all-inclusive systems, the costs can be quite high for very short periods. At the same time, you may not always like the arrangement of all activities in a certain program, from dining to entertainment hours in such holiday villages, and these repetitive activities may bore you after a while.
Timeshare Residences: Timeshare residences are one of the preferred models known for many years. However, time constraints in the timeshare system, obstacles to transactions such as the sale and transfer of timeshare rights, and the reliability of the system are the issues that people think of.

At this point, Koesta makes it possible for you to own a house with a brand-new model. Koesta is an innovative way to own a second home. In this model, homeowners own 1/8 of a house through a joint-stock company and stay in their house for 45 days each year. Through the mobile application developed by Koesta, each co-owner can decide when they want to use their home. In this way, for a house that you will only use during a certain period of the year, you do not have to pay the entire price of the house, and you can have your dream second home at more affordable prices. Other advantages offered by Koesta are:

Easy-to-Use Mobile Application: Through the mobile application, you can determine the period you want to stay at your house and you can also benefit from the on-demand services provided by Koesta. Such as airport transfer, chef service, daily cleaning service, concierge, etc.
Maintenance, Repair, and Renovation: Koesta pursues and plans the responsibilities such as maintenance and repair of the house for you. Your house will be cleaned to high hygiene standards before your stay. You can use your house that has been cleaned and disinfected with peace of mind.
Share-Sharing and Sale Right: Each shareholder gets an equal share in Koesta houses. At the same time, you can sell, and dispose of your shares in these residences which were purchased through a joint-stock company, at any time.

Offering an innovative perspective to people who want to own a house, Koesta offers everyone the opportunity to reach their dream luxury house without risk and additional costs. If you want to own a second house or a summer house, but do not want to burden very high costs for your house that you will use at a certain time of the year, you can learn more about the solutions offered by Koesta and own a Koesta house.

What are the Elements That Make a Home Luxury?

Although the features that make a home luxurious vary from person to person, it cannot be argued that everyone has a common opinion, perhaps there is only one feature: The size of the home. Even the sizes of the homes vary according to the regions, it is generally accepted that a home should be large and at least a duplex home. Of course, many factors step in later, such as the number of rooms, the size of the garden, and whether there's a private pool or not. These factors can change vary from person to person and according to their expectations, but it's still expected that a luxury home should have at least some of these factors counted. However, evaluating a home as a luxury, it won't be enough just to have a swimming pool and a hobby room. At the same time, the decoration of your home and the quality of the materials used in your home should make you feel that you are living in a luxurious home. In the same way, it is expected that the home should also have smart home systems with technological features. In addition to all this, home security systems are important. Systems that facilitate quick response to emergencies such as natural gas, fire alarm, and security cameras are only some of the features the security needs of a luxury home. Gardening and Landscaping, and Maybe MoreIn addition to the interior areas of your home, the outdoor section should also give you a sense of luxury. A large garden can sweeten you up for spending quiet and peaceful moments. You can take care of the trees and fragrant flowers in your home's garden, and create a hobby area for yourself. While you enjoy the peace, your children can run and play games in your large garden on the grass under your supervision. Koesta offers you the opportunity to share unforgettable moments with your family and loved ones with its wide garden home options.For some people, a garden can be enough but maybe your dream home is a home with a pool. But the fact that homes with private pools have high prices such as pool maintenance and cleaning stuff may scare you. But it is getting easier to get your dream home with Koesta. You can pick Koesta's one of the homes with a pool among luxury homes that you dreamed of and you can own it for 1/8 price. Moreover, you don't have to think about garden maintenance, landscaping, pool maintenance, and cleaning with Koesta homes. Koesta will solve all of this for you. You will enjoy the pleasure of owning the home with a pool and garden you dreamed of and the happiness of the peaceful moments you will spend with your family. So, How Can I Have All of This?Although we all have a luxury home dream, many of us don't think it is reachable with the budget we have. Koesta may offer you a solution when it's impossible to own such a luxury home. Koesta's co-ownership model offers you to buy a luxury home as your second home. Koesta decouples the luxury home's price among 8 shareholders, offering everyone an equal share at equal prices. So you can get your dream luxury home at the 1/8 price. In addition, Koesta takes care of all the maintenance and repairs of the home you are considering buying and manages the home. In this way, you will enjoy your luxury home without having the slightest feeling of problems with your home in pleasant and happy moments. Moreover, Koesta isn't a timeshare system but has completely different features from the traditional concept of a timeshare. You can sell, dispose of or transfer the stake you have in your second home at any time. In this way, it may also be possible to use your second home as an investment vehicle at the same time. To get one step closer to your dream luxury home and have the chance to own your dream home, take a look at our housing listings and give yourself the opportunity to live in a better home.

Which is More Advantageous: Buying, Renting or Koesta?

A summer home where you can go to get away from everyday life can provide the comfort you are looking for when you take a break from the busy work pace. Searching for holiday homes during summer vacation or in mid-winter for families with children is known to be difficult and expensive. A holiday with your family or loved ones away from everyday life is definitely the comfort you deserve, along with your own private playgrounds for your children. However, vacation home renting may be puzzling to you when it comes to budgeting. Koesta provides an innovative system that manages the whole summer home process for you. It offers you a much easier way to own a summer home where you can have a luxurious vacation. The Dilemma of Buying or RentingWhen beginning to look for a vacation home, the most exhausting part will usually be the real estate review process during the search for an ideal and affordable alternative. This process may even be longer when you are looking for vacation rentals to have special and comfortable moments with your family and loved ones. Even when you finalize your decision on a summer home, you may also be disappointed by the limited facilities offered by the home. Due to the fact that the home is rented, your limited freedom of use can prevent you from reaching the maximum comfort you expect during the holiday. While getting a rental villa for a holiday can be seen as a much better option, the maintenance and expenses of the villa also emerge as a problem. On the other hand, owning a home rather than paying rent all the time can lead to completely different problems.Responsibilities of Owning a HomeConducting a search for a summer home for sale requires a more careful and detailed research process since buying is a long-term and binding commitment. Summer home prices, which require a higher budget compared to rental prices, bring plenty of new variables in terms of comparison. Additionally, your summer home expectations should be higher than your everyday life. You should not be bothered with the daily responsibilities of a home on your holiday. But owning a home brings these responsibilities along with itself. As in any home, you have to take care of maintenance, cleaning, and safety when you own a home. In addition, paying high prices may not be ideal for a home that you will use only two or three times a year. But you don’t need to let unaffordable prices of summer homes ruin your vacation plans. Koesta offers a beneficial system that allows you to own a home without all these obligations. Koesta For All Your NeedsBuying a vacation home can be a very long process. In this regard, detailed inspections, maintenance, and additional costs can become significant problems. Similarly, renting may not be the best choice as well. Koesta stands out by offering numerous different options. You can choose the one that suits you the best and leave the rest to Koesta. When you decide to own one of the homes, Koesta incorporates a company for the home. You get to purchase one of the 8 shares of this company to be the owner of the house. All the shareholders or as we say Koesta co-owners possess the same rights. Koesta takes care of all the steps during the purchase process and lets you enjoy your vacation in the most comfortable way possible.

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