Flyway
London
About Flyway
Owning a pied-à-terre in a city you regularly visit is unnecessarily difficult. You end up wasting money on rentals and hotels, since buying a whole property is simply not affordable. We created Flyway to change that. You can now co-own a second home, in your favorite city, at a fraction of the price. A share of 1/12 gives you up to 30 days of stay annually in your city home. Want more? You can buy more shares! You own the asset, not a block of time. Flyway deals with all the hassle of ownership, so that you simply land and enjoy your city getaway. HOW WE DO IT BEHIND THE SCENES We identify top-notch properties, in top locations that we can supercharge with smart features. We then set up an LTD (Limited Liability Company) that acquires the property. That LTD is split into 12 equal shares, and each share costs 1/12 of the total house price. A buyer can buy up to half of the property (6 shares). WHAT YOU GET You get ownership of a second home suited to your budget and needs. Whether you use it for leisure, work or you simply believe in the property’s potential as an investment, you have the rights to the asset. You can use and resell your share when you want. Meanwhile, you get to enjoy upscale, smart living in very prime properties, downtown, without any of the headaches of maintenance, cleaning and bill handling. Flyway acts as the Property Manager, taking all the hassle of ownership away from you, so that you simply land and enjoy your home.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $10K – $50K
- Total funding: $10.0M
- Funding stage: Seed
- Last round: Seed (Aug 2022)
- Website: flyway.app
- Phone: +447360542411
Industries & Categories
Property Management, PropTech, Real Estate
Social Profiles
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