WorldHaus – Fractional Ownership for Digital Nomads
WorldHaus - A new property Concept for digital nomads and world citizens
Under the slogan “Own iconic homes for 1/13th of the cost” , Worldhaus comes with a fresh concept for digital nomads and global citizens who want a base (or more!) somewhere in the world and want to avoid the ever increasing prices of Airbnb accommodations.
Today’s global citizen wants no hassles, fair prices, a refreshing getaway, and sometimes assets that work for them too. As an experienced digital nomad myself, I found Airbnb indeed becoming more complicated, and hosts becoming more picky and difficult. We need alternatives fast, and Worldhaus seems to be one of them.
This is where Worldhaus comes in with their fractional model and curated properties, which come fully managed, and can be purchased and sold in a few clicks.
Moreover, you can own the property and have some time every year to go there and have a solid base to do some deep work as a remote worker, or maybe just go on holiday. You will have a specific timeframe where you can use the property, however, you will be able to exchange those dates with someone else inside the Worldhaus system and go in other seasons for example.
Worldhaus comes as an answer to the ever increasing Airbnb prices, which have put off a lot of travelers lately because they do not feel comfortable paying those big amounts to the platform.
They fractionalize world-class properties to make ownership accessible so you can enjoy international hotspots with rooftop pools, co-working spaces, beach access, and a vibey community.
A quick explanation of how the process works can be seen below. One thing to remember is that you have to consider the maintenance fee and the fact that it might not be that easy to get rid of your share within the network.
You can explore the properties Worldhaus has available at the moment right here.
Here are some of the benefits of joining Worldhaus
Own Amazing Condos for $10,000
The approach is to divide top-tier properties into smaller, more affordable ownership units, allowing more people to access them. You can experience popular international destinations that offer attractive features like rooftop pools, co-working spaces, beachfront access, and a lively community atmosphere.
Reduce Your Airbnb Rent by 75%
If you own a condo that rents for $1,500, you could end up paying just $400 each month. Plus, as the property value increases, your net worth also grows. Opting to become an owner rather than a tenant can help you save up to 75% on your housing expenses and potentially build your wealth over time.
Use, Swap, or Rent Your Property
Their approach involves renting out the days that owners don't use, while they can reserve days for their personal use or swap them with other owners worldwide. Worldhaus will take care of the management details, so you don't have to deal with any hassles.
Transparent Costs
You will be charged a payment of 2.9% only when you sell your property. For property management services, the cost will be 20-25% of the rental income for the entire unit (not per owner) and an additional $99 per month. There are no hidden fees.
World Haus - Investors' Most common Questions
is it a timeshare?
No, it isn’t.
Timeshares have limitations. Limitations vary every transaction, but they might include: preventing you from selling, granting you the right to use but not own the property, hidden fees, markups, and so forth. Timeshares are so bad that there is an entire legal profession dedicated to getting people out of them. Worldhaus has a complete interest in the property of your choosing, including the right to use it.
Is the company compliant?
Yes. They are fully compliant with relevant U.S. agencies including the Securities and Exchange Commission and Internal Revenue Service.
Do i pay tax on the property?
Worldhaus transactions are regarded the same as other securities purchases and sales (like stocks). Capital gains will be realised if you sell with appreciation. Worldhaus does not give tax or accounting advice, and the regulations differ depending on the jurisdiction.
They provide a K-1 to help you with your tax filing.
Is the property managed?
Worldhaus is in charge of managing homes acquired through the website. Rentals, cleaning, maintenance, local bill collection, and financial reserve planning are all handled by the company.  For the service, Worldhaus charges market-rate property management fees.
The decision is ultimately made by the owners, who may choose new management if they so wish, although the companies try hard to offer an ideal owner experience.
What happens if worldhaus goes Bankrupt?
Regardless of Worldhaus status, the United States acknowledges you as the property owner. The owners can meet together and determine how to proceed. You can contact worldhaus here for more details about this.
Can you make money of the property?
Yes! Rental and appreciation are two potential sources of income. A buyer can offer more than you paid! Your investment then makes profit. The owners will get their properties listed on Airbnb and other rental platforms.
