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The US Firm Pacaso Makes its Debut in Spain with its Luxury Co-Ownership Model

The start-up, which became a unicorn in record time after being valued at 1.5 billion dollars, has made its debut in Marbella with its shared luxury housing model.

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The American prop-tech Pacaso has arrived in Spain. The company is looking to establish its co-ownership model for luxury homes.

“Pacaso’s model is about 100% co-ownership, unlike in the case of a timeshare. With us, the client acquires real ownership of a single-family home. With a timeshare, people buy the right to use a hotel room or a condominium for a certain period only”, explains Razor Suleman, President of Pacaso globally.

Read the full article in Spanish.

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