Pacaso, the tech-enabled real estate marketplace for co-owned luxury vacation homes, announced that it is continuing its international expansion with the acquisition of three European properties.
The addition of two residences in London and one in Paris solidifies Pacaso’s presence in Europe, offering buyers “opportunities to co-own luxury homes in some of the world’s most sought-after destinations.”
Pacaso CEO and Co-Founder Austin Allison said:
“We’re seeing more and more demand for international vacation homes, and all 16 shares of our latest properties in Paris and Cabo—both introduced at the end of the year—have already sold out. We’re excited to keep delivering the international properties our buyers and their families are looking for.”
Pacaso’s new European properties include:
Kings Yard Penthouse (Mayfair, London)
Located on one of Mayfair’s “only gated streets, just opposite Claridge’s hotel, this new three-bedroom, three-and-a-half-bathroom penthouse epitomizes modern London living.”
It features expansive “living spaces, spa-like bathrooms, luxury interiors, and a private balcony with views of one of London’s most prestigious neighborhoods.”
Ebury Street (Belgravia, London)
This renovated “three-bedroom, three-and-a-half-bathroom residence blends historic charm with contemporary design.”
With high ceilings, a hand-carved marble fireplace, and a Juliette balcony, this London home “is just steps from Sloane Square and the boutiques and restaurants of Elizabeth Street.”
Beaux Arts (Saint-Germain-des-Prés, Paris)
Recently renovated by renowned designer and developer Kasha Paris, this three-bedroom, three-and-a-half-bathroom apartment is “a short walk from the Seine, Louvre, and Notre Dame. It features chevron wood floors, large windows, and modern amenities for refined Parisian living.”
Pacaso’s co-ownership model allows buyers to “co-own these luxury properties while Pacaso handles every detail, from navigating complex international legal and tax structures to managing day-to-day operations.”
This turnkey approach eliminates the stress “associated with owning a home abroad.”
Pacaso Head of Europe Joey Byrne said:
“We’ve seen many American buyers excited to finally own abroad, as we eliminate the friction and uncertainties in the process and ongoing management. It’s also an ideal time for U.S. buyers to benefit from favorable currency exchange rates.”
Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso is a tech-enabled marketplace that modernizes real estate co-ownership, enabling families “to own a luxury vacation home and travel with confidence.”
Pacaso curates private residences in premier destinations “across the U.S. and internationally, with exceptional amenities, luxury interiors and expert design.”
After purchase, Pacaso professionally manages the home, “provides white-glove scheduling and personalized service, and ensures seamless resale.”
