Paradyse offers managed co-ownership of luxury Bali villas, allowing individuals to acquire fractional shares of high-end properties. The company handles all property management, maintenance, and rental income optimization, providing owners with flexible usage rights and guaranteed rental returns.
Funding
$550K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Acquiring luxury property in desirable locations like Bali often involves substantial capital outlay and ongoing management responsibilities, creating a barrier for individuals seeking fractional ownership or investment opportunities. This can lead to underutilized assets and missed potential for rental income generation.
Solution
Paradyse facilitates managed co-ownership of luxury Bali villas, enabling individuals to acquire a share of a high-end property for a fraction of the full purchase price. This model provides a structured framework for fractional ownership, where Paradyse assumes responsibility for all property management, including maintenance, guest services, and rental income optimization. Owners benefit from flexible personal usage rights, potential capital appreciation, and guaranteed rental returns, while Paradyse handles the legal, administrative, and operational complexities. The platform ensures a seamless ownership experience through a dedicated owner portal for booking and performance tracking.
Target Audience
The primary target audience includes individuals seeking fractional ownership of luxury real estate, investors looking for managed property investments with guaranteed returns in high-demand tourist destinations, and those desiring hassle-free access to a second home.
Features
- Fractional ownership structure allowing acquisition of 1/8th, 2/8th, 3/8th, or 4/8th shares of luxury villas.
- Managed co-ownership model with comprehensive property management services, including maintenance, housekeeping, and gardening.
- Guaranteed 10% net rental income for the first two years on unused property days.
- Proprietary algorithm for equitable distribution of rental profits based on ownership share and usage.
- Owner platform for booking personal stays up to two years in advance, with fair allocation systems including lotteries for peak periods.
- Legal and tax facilitation for property acquisition, structured through shares in a limited liability company holding property titles (leasehold up to 30 years).
- Professional interior design and furnishing included in the share purchase price.
- Monthly platform fee of $35 per co-owner covering booking system and concierge services.