Lilo facilitates fractional ownership in premium global real estate assets through a curated investment platform. Investors acquire shares, granting them scheduled personal use of the properties alongside shared legal ownership. The service manages all aspects of property maintenance, management, and provides a marketplace for trading these property shares.
Funding
Funding not disclosed
Founders
Product
Problem
Owning premium properties outright involves significant capital investment, ongoing maintenance responsibilities, and often results in underutilization for many owners. Traditional real estate transactions are complex, time-consuming, and can be a barrier to accessing high-end properties in desirable locations.
Solution
Lilo offers a platform for fractional ownership of premium properties, enabling users to purchase shares and enjoy scheduled access without the burdens of full ownership. By co-owning a property with a limited number of other investors, users gain access to high-end real estate at a fraction of the cost. Lilo manages all aspects of property maintenance and provides a seamless booking experience through a dedicated app, ensuring that co-owners can enjoy their stays without the typical hassles of property management. This model allows users to diversify their investments, experience luxury properties worldwide, and potentially benefit from property value appreciation.
Target Audience
Lilo targets individuals seeking to invest in and experience premium properties without the full financial and management responsibilities of traditional real estate ownership.
Features
- Curated selection of premium properties in desirable locations.
- Fractional ownership model allowing purchase of 1/8 shares.
- Scheduled stays managed through a user-friendly mobile app.
- Property maintenance and management handled by Lilo.
- Co-ownership with a limited number of other investors.
- Potential for value appreciation upon resale of shares.