The company & Hamlet will use the sharing economy in the cottage market, where they will sell luxury cottages and holiday homes with a price tag of over NOK 20 million, to between three and eight owners who buy the property together.
In the beginning, the company sells holiday homes in Spain and mountain cabins in Norway, including a cabin on Varden in Kvitfjell. To secure a share in this cottage with five bedrooms and three bathrooms, you have to shell out NOK 3.4 million.
In total, the cabin has a price tag of NOK 25 million.
– We are taking the sharing economy into the cottage market. We will make arrangements so that people who, for example, want to spend NOK four million on a cabin can instead help buy a place for NOK 32 million. The cost of ownership will be the same, says Kristian Ellertsen, founder and general manager in a press release.
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Will increase use per cabin
Hamlet makes money by taking a share of the sale price when the shares are traded. They will also take care of the operation, maintenance and cleaning of the properties.
Figures from Statistics Norway show that there are around 450,000 cabins in Norway. Founder Kristian Ellertsen believes it will be more sustainable for more people to use the existing cabins in Norway, than for us to continue building new ones.
In the GD district, 36 cabins were sold in January.
– When the cabins we have are used more, it will reduce the need to build new ones. Increased use will also be positive for those who run shops in the cottage municipalities. The cabin dream has a strong place in the Norwegian soul, but we are convinced that the next generation of cabin owners are more concerned with sustainability, says Ellertsen.
The company is part of Askeladden & Co, which has, among other things, started the health service Dr. Dropin, the restaurant Digg and the funeral home Verd.
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