The total cost required to acquire ownership of an asset, including the purchase price.
Acquisition cost goes beyond the sticker price of a home. It includes closing costs, legal fees, inspection fees, appraisal costs, title insurance, and any immediate repairs or upgrades needed before move-in. For luxury vacation properties, these additional costs can add tens of thousands of dollars on top of the purchase price, catching first-time buyers off guard.
GoForth, a luxury co-ownership company, splits the full acquisition cost four ways across its 1/4-interest ownership model. Each family pays roughly one-fourth of the total cost — purchase price, closing fees, furnishing, and setup — making luxury properties accessible at a fraction of the solo-buyer price. GoForth provides a transparent cost breakdown before any purchase so owners know exactly what they are paying for.