You are buying a real ownership stake in the legal entity that holds the home. This is not a timeshare or a rental right. It is genuine equity. You can sell it, pass it to your children, or gift it to someone you trust. If the home is ever sold, you receive your proportional share of the proceeds.

Premium shares (2 per home) cost more and come with guaranteed access to either Pesach or Sukkot every single year. Standard shares (6 per home) are a lower entry price with full flexibility, and you receive an annual credit allocation to spend across the calendar as you choose. Both types receive approximately the same overall usage and proportional running costs.

Yes. Your share is a real asset. You can sell it at any time. Selara can help find a buyer, or you can bring your own buyer independently. You are never locked into our marketplace. The other co-owners typically have a right of first refusal, which is standard for this kind of structure.

Yes. A Selara share is designed to be inheritable and transferable within your family. It behaves like any other real asset; you can gift it, leave it in an estate, or move it between family members. We work with your counsel to make transfers smooth.

Each year you receive an allocation of value credits. Each night carries a credit cost based on demand. Holidays and summer peaks cost more, quiet weeks cost less. You spend your credits however you choose. All booking happens through the owner portal, with long advance windows for plans you know and short-notice booking for spontaneous trips.

Approximately 45 nights equivalent per year for a 1/8 share, though actual nights vary depending on whether you choose high-demand or quiet periods. A long summer stay in peak weeks will use more credits; a scattered week-here-week-there pattern in shoulder seasons stretches further.

Yes. If plans change, you can release booked dates or exchange with another co-owner through the portal. There is always at least one night between stays for professional preparation of the home.

Yes. You can host family and friends during your stays within the home's occupancy capacity. The owner must be present (or explicitly coordinate with Selara for guests staying without the owner). Guest conduct is covered by the Owner Code of Conduct.

Pesach and Sukkot are reserved for Premium shareholders (two per home, one for each holiday) and guaranteed every single year. These dates do not draw from any other owner's credit allocation.

If a Premium owner chooses not to use their dates in a given year and releases them, those dates return to the shared availability and become bookable by Standard owners using their credits. It's not guaranteed, but it does happen.

Every holiday outside Pesach and Sukkot is open to all owners. Holidays carry a higher credit cost than ordinary weeks, reflecting demand, but any owner with enough credits can book them. No separate lottery or rotation. Just credits and availability.

Selara handles everything: cleaning, maintenance, repairs, restocking, concierge, utilities, building fees, and insurance. When you arrive, the home is cleaned, fully stocked, and personalized to you. You never coordinate directly with the building, other owners, or service providers.

Routine maintenance and repairs are handled directly by Selara. Capital items are budgeted in the annual reserve. Damage caused by a specific owner or their guests is charged to that owner. Budgets are transparent and shared in advance, so you are never surprised.

Yes. Every Selara owner agrees to a short, clear Code of Conduct covering respectful use of the home, guest occupancy, quiet hours, no-party policies, and the expectations the ownership group has of one another. This protects the home and the other families. You receive it with your ownership documents.

Yes, on an optional basis. Owners who want to can make unused nights available to a professional short-term rental program we run with a trusted partner. Participation is your choice; owners who prefer to keep the home exclusively family-use can do so.

You have a few paths. You can sell your individual share at any time. Selara can help find a buyer, or you can source your own. Separately, the full ownership group holds a structured vote around the 8-year mark to decide whether to sell the entire property. Both paths are designed to give owners real, predictable exits.

The governance framework requires a supermajority vote for a full property sale. If the threshold is reached, the sale proceeds and all owners receive their proportional share. No single owner can indefinitely block the group's legitimate exit, and no small minority can force an exit on the others before the scheduled vote.

Yes. When an individual share is listed, the existing co-owners have the first opportunity to purchase before the share is offered to outside buyers. This protects the group's cohesion while preserving every owner's ability to exit.

Yes. Selara is specifically built for diaspora buyers. We guide you through the full process including identity verification, power of attorney for closing, Israeli legal structure, and cross-border transfers. You do not need to be present in Israel to complete the purchase.

Tax treatment depends on your country of residence and the ownership structure you select. Selara works with our Israeli legal counsel at Gornitzky & Co on the Israeli side, and we recommend you consult your own tax advisor at home. We provide the documentation you need for annual filing in both jurisdictions.

The underlying property is Israeli and transactions are denominated in Israeli New Shekel. We present pricing and work with buyers funding in USD, CAD, GBP, or EUR, and we'll walk you through how the conversion works at the time of closing.