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As the weather begins to cool, you’re probably considering your next warm-climate getaway to sunny southern Utah. Many Utahns make frequent trips to the St. George area but are increasingly weary of paying expensive nightly rental rates every time they take the family out. Surely you have already thought: “Wouldn’t it be great if we just had our own holiday home here”? But who has the time or money to own an entire second home all to themselves? Very little.
If there was a way to only own part of the house and use it part of the time that would be ideal. Then your possession could suit your availability and budget. It would be even better if you could rent out the house when you are not able to use your time.
Ember, a new startup based in Lehi, Utah, solves this problem through vacation home co-ownership.
â…› of the house, 100% of the experience
Historically, not everyone could afford a vacation home — especially in top destinations like St. George or Bear Lake. And even for families who might choose a vacation home, research shows they only use the home for two to six weeks a year.
With Ember’s co-ownership model, you can choose to buy part of a luxury vacation home rather than the whole – and only pay a fraction of the cost. The ownership of each Ember house is divided into eight equal parts. Co-owners get over 6 weeks for every 1/8th share they buy. Owners looking for maximum time can buy even more of the house. Ember offers real estate for as little as $103,000 per 1/8 ownership.
Make memories while you’re there and rent it out when you’re not
Each buyer enjoys exclusive access to the home during their stay, and with Ember Flex assigned homes, they can rent out their time if they don’t plan to use it personally. plans change. circumstances change. 6 weeks could be just enough in a given year and too much in the next. Having the flexibility to easily rent out your nights and not having to worry about vacancies in the house offers incredible security. It’s the best of both worlds.
Ember’s SmartDraftâ„¢ technology ensures each owner gets their fair share of desirable nights each year. Ember’s intuitive mobile app makes it easy to swap nights with other owners or change your plans throughout the year.
Ember sweats the details so you don’t have to
Ember’s innovative approach to vacation property ownership promises a five-star experience from start to finish – free from hassles and disappointments. Each home is professionally designed and comfortably furnished so you can just show up and enjoy your home straight away. A 24-hour on-site concierge is available for any issues that may arise. Need a few extra household items? did you lock yourself out The concierge on duty will be there in minutes.
With Ember, their commitment to your experience continues after you leave. They take care of your holiday home, so you don’t have to worry. The house is cleaned, linens washed, lawn mowed and pool serviced to make the property turnkey ready for your next stay.
Where luxury meets logic
But the biggest benefit of co-owning a premium vacation home in a fast-growing market like St. George is building equity. Ember homes appreciate in value just like any other property on the market. Unlike timeshares, Ember homes are owned by their co-owners in an LLC structure. If you decide to sell your interest later, state the price and record any potential appreciation. The process is simple and Ember will take care of the details of reselling your property and handling the closing process.
With Ember, you’re paying yourself to go on vacation, which is impossible when you’re staying at someone else’s Airbnb or VRBO. Also, since you own at least 13% of the house (1/8), your expenses are offset 87% thanks to the other co-owners. And with potential rental income and future increases in value, the profits will even more offset your costs.
Ultimately, Ember’s co-ownership model was created for one thing: to help more families enjoy stress-free vacations in beautiful homes – that they actually own. Start by browsing our available St George properties and find the perfect vacation home for you. Then speak to an Ember consultant to answer all your questions and complete your purchase. You can book your first stays and arrive at your Ember home in just 24 hours. From there, it’s all about creating memories you will cherish forever with the people you love.
Ember Advisors are available to call or chat between 7am and 11pm Mountain Time. 1-800-366-6891
