It is simple
Low investment, high return in quality of life and on the investment.
3 Houses
Each house in a unique place in different locations in Iceland
10 Families
Divide the costs and responsibilities, making it affordable, manageable, and stress-free.
100 Days
100 days means 1 month per house, it is 14 weeks or weekends.
Investment you can enjoy NOW
This is how the price is calculated
The price is 1/10 of the price of 3 luxury houses - that is your investment
On average vacation homes have close to 3% annual operational and maintainance cost. This is all taken care of by Heimkoma. Each family covers operational and maintainance cost by either a monthly or annual payment.
This covers all utilities, maintenance costs, property tax, homeowners association, insurance, building management and a repair reserve fund.
The repair reserve fund gathers and is owned by the owners of the house. It will be used to cover any large maintenance needs.
How do families join?
Here’s how the process works for families joining HEIMKOMA:
Down Payment
To join HEIMKOMA and become a co-owner of three luxury vacation homes, each family makes a minimum 20% down payment.
This comes to around 6 million ISK.
The higher the downpayment, the lower the monthly loan payment.
Loan Payments
The total cost of the investment is 30 million ISK.
After the 20% down payment, the remaining 80% (24 million ISK) is financed through a 15-year loan.
Families pay this investment off through manageable monthly payments.
Monthly Fees
In addition to the investment payments, families are responsible for maintenance and membership fees, which are around 90,000 ISK per month.
These fees cover property upkeep, regular cleaning, security, and other services that ensure a hassle-free ownership experience.
This model offers families access to 3 premium vacation homes without the stress of full ownership, while also ensuring properties are well-maintained.
- A typical example would be a family paying a 30% down payment (9 million ISK). The remaining 70% (21 million ISK) is financed with a 20-year loan by Heimkoma,
- The monthly payment for the investment would be around 190,000 ISK, and the monthly maintenance and costs would be about 90,000 ISK.
- This means the total monthly cost is 280,000 ISK.
- It’s an investment you can enjoy with full access to three luxury vacation homes. If your circumstances change or you stop enjoying it, you have the option to sell your share at any time.
How a family can exit Heimkoma
Exit within 12 months
Exit with Heimkoma assistance is not an option within the first 12 months.
Direct Sale
Anytime after that, you can either sell your share directly or you can ask HEIMKOMA to assist in finding a buyer. All sales go through HEIMKOMA.
Guaranteed Buyback
If, after 18 months, you haven't found a buyer, HEIMKOMA will purchase your share based on a price calculated according to the purchase contract.
Flexible Ownership
Get in on the first community
Join our waiting list - without commitment
Send an email to hordur@holtid.is
or call me on +354 858 2121
or call me on +354 858 2121
Heimkoma is a profitable investment, in your family.