The first property available to buy a share of is a penthouse on Mayfair’s Queen Street
(Picture: Pacaso)A Mayfair penthouse with a private roof terrace, a lakefront chalet in the Cotswolds designed by Philippe Starck or an Ibizan villa could be yours for a fraction of their multi-million-pound price tags thanks to a start-up selling co-ownership of high-end holiday homes, which launches in the UK today.
Pacaso, founded in the US in October 2020, buys properties, refurbishes them and turns them into limited liability companies. It then sells them in one-eighth increments, up to half a property.
