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Fractional Ownership Through Rocksure Offers Opportunity In Face Of Brexit 

23.10.17

A collection of six stunning central European apartments could be the perfect opportunity for those perturbed by Brexit in their pursuit of a dream overseas home through fractional ownership.

Set to close to investors in QA1 2018, Rocksure’s Capital Portfolio, provides a hassle-free, secure alternative to a traditional international property investment. The main benefit of Rocksure’s offering is the ability to co-own a share of the bricks and mortar of each luxurious apartment, whilst being able to use them at times of their choosing for a generous period each year.

“Undoubtedly Brexit has had a severe impact on European property investment from the UK,” explains Rocksure’s Capital Portfolio, CEO David Rogers. “Regardless of the outcome of the negotiations, Brits will always want to have a slice of their own home in Europe in which to use for vacations, business trips or simply take a few days to relax and unwind. The difference with our part-ownership offering and the typical means of purchasing overseas homes through an agent is the hands-free service we provide.

“Purchasing properties overseas on your own can be daunting at the best of times, but also incredibly draining, with owners needing to constantly deal with management and upkeep. Ever-changing taxes and legislations, which will only become murkier post-Brexit, can also challenge one’s patience.

“That’s why we feel our offering with the Capital Portfolio is the best option for those wanting the enjoyment of their own home overseas, without the hassle.”

Recently launching a spectacular apartment in the Dorsoduro district of Venice, the Capital Portfolio provides centrally-located two-bedroom apartments in Europe’s finest cities, including Paris, Barcelona, Prague and Vienna, with a Rome offering soon to be released. These start at £56,500 for a half unit share to £113,000 for a full unit.

Shareholders in the Portfolio enjoy annual usage entitlements ranging from an average of seven nights for half unit investment to an average of 14 nights for a full unit, with those requiring more usage able to buy additional units in quarter increments.

Providing extra incentive, investors in the Capital Portfolio can also access stunning properties in New York, San Francisco, Florence and London with their usage entitlement. The usage rights are also user friendly, with shareholders able to carry forward unused days into the next year or gift them to friends and family.

David added: “We offer more than just the chance to part-own a collection of fabulous apartments across Europe, this is a lifestyle choice. We give our investors the ability to use our cache of properties across the world, meaning if one day they wake up and have the urge to go wine-tasting in Tuscany or a last-minute meeting in New York they know they have access to something far superior to the standard hotel room or Airbnb at the touch of a button.”

The Capital Portfolio has a ten-year lifespan, at the end of which, all of the properties are sold and the proceeds, together with any capital gain, distributed amongst shareholders. This gives purchasers a tangible exit strategy and low risk investment strategy, with capital spread across six different markets.

From a usage perspective, Rocksure has constructed sophisticated booking software which guarantees fair allocation of nights and ensures that during busy periods there are no clashes or monopolisation of properties and dates.

To date the Capital Portfolio has attracted over 100 individual investors from across the UK, US and the rest of the world, raising over £9 million. Currently, less than 15 Full Unit shares remain available to purchase, with time running out to take advantage of a well-structured European property investment ahead of an uncertain time out of the EU.

For more information on Rocksure or to enquire about the Capital Portfolio visit www.rocksure.com

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