Why we built Copay.
We watched families spend years renting the same coast while second homes sat empty most of the year. Neither made much sense. So we built a simpler way to own one, share it fairly, and leave the running to us.
Himanshu Arora & Mohamed Ismail
Co-founders
The people behind it.
Himanshu Arora
Co-founder & CEO
Built Copay to make holiday home co-ownership transparent and accessible to more buyers. Himanshu oversees strategy, regulatory compliance and industry partnerships so that co-owners have a clear, well-managed way into owning a holiday home.
Mohamed Ismail
Co-founder & General Manager
Leads operational execution and property delivery across the platform. Mohamed focuses on turning complex real estate mechanics into a smooth, reliable experience for every buyer, from onboarding to final property setup.
The maths never worked.
A holiday home on the coast costs what a house costs, and sits empty most of the year. Buying one alone means carrying the whole price and the whole job of running it. Splitting it with friends means a group to organise and a money conversation nobody enjoys. So most people keep renting, and keep ending up somewhere that never becomes theirs.
Copay buys one home, holds it in its own unit trust, and sells shares in that trust to individual buyers. A maximum of eight owners per home. We assemble the owners, we run the house, and the rules for nights, costs and selling are written down before anyone signs.
The hard part of shared ownership isn't the structure. It's making it work year after year without anyone having to manage it. That's the part we took on.
What we hold ourselves to.
Act like an owner. Run it properly. The service is the product. The structure is just how it's held.
Curate with purpose. One home at a time. We buy for the people who registered, not ahead of demand.
Care for what we share. Write it down first. Nights, costs, governance and exit are documented before you commit, and your solicitor is welcome to read all of it. We say the hard parts out loud: we tell you what we don't promise before you ask.
Make it yours. One specific home, at one address, that becomes part of your life, each time you return.
How a home is chosen.
The next home is chosen by where people register. One home, at one address, with a maximum of eight owners, bought for the people who told us what would suit them.
The company
Copay.
Copay is operated by Elate Holdings Pty Ltd, ABN 58 655 961 176, based in Brisbane. Every home is held in its own Fixed Unit Trust with a corporate trustee, governed by a solicitor-drafted co-ownership agreement. A real person answers every question sent through this site.
Ask us anything.
If your question is about a specific home, tell us which one and we will come back with the detail.