VIVLA, the firm in the sector of co-ownership of second holiday homes, has successfully concluded a financing round in which it has raised a total of 2.7 million euros . In this way, VIVLA consolidates the expansion of co-ownership in Europe, after a first round in 2020. Thanks to this, the company Suomma has been acquired, which allows it to consolidate its position by expanding its portfolio of assets and destinations. wider and higher quality .
VIVLA focuses its activity on luxury homes in the main coastal and ski vacation destinations. In 2022, it received a first round of investment that amounted to 26 million euros and was led by Samaipata, together with the American fund FJ Labs, Fasanara, Accel and Extension Fund. The new round has been led, for the most part, by this group of investors and some relevant executives from the Spanish real estate financial ecosystem.
This injection of capital allows VIVLA to strengthen its position in the market and deepen its mission of making the ownership of second vacation homes more accessible and affordable.
VIVLA’s co-ownership model redefines real estate ownership and provides an innovative solution to the traditional challenges of owning a second vacation home . It allows multiple people to jointly own a luxury property, sharing the costs and avoiding the complications of vacation ownership.
VIVLA analyzes and acquires high-end properties, between 500K and 2.5M, in the most premium destinations in Spain. It then allows co-owners to purchase a share of the property, usually ⅛ or ¼, allowing them to enjoy the home for 6 or more weeks a year, while splitting the costs. VIVLA handles everything from property management to maintenance, ensuring each co-owner’s experience is smooth and great.
The CEO and co-founder ofVIVLA, Carlos Gómez, shares his enthusiasm for this evolution: “ This round of financing and the acquisition of Suomma represent a significant step in our journey to democratize access to second vacation homes in Europe . We firmly believe that co-ownership is the future, and with its incorporation we are better prepared than ever to lead this transformation and diversify opportunities for our clients.”
VIVLA will close 2023 managing a total of 12 homes in the main holiday destinations in Spain, such as Ibiza, Formentera, Menorca, Denia, Cádiz, Sotogrande and Baqueira Beret . In addition, it already has operations underway to expand the network to more than 25 properties in 2024. These are always premium homes, completely renovated, and decorated by highly prestigious interior designers . Most of them are villas and, in some cases, spacious apartments. Due to their location, quality and size, they are in the premium sector with prices between 500,000 euros and 2.5 million euros.
