Fractional ownership: transforming the luxury second-home marketplace
The Hideaways Club’s raison d’etre is to provide a hassle free way for individuals to both enjoy luxury property ownership and to invest. It was for this reason that the exclusive Member’s Club was conceived back in 2007. Fast forward to today, and across the company’s 2 Collections, the Club has accepted 400 Members, and owns over 60 individual properties in over 15 countries, with this tally increasing annually.
The concept of joint holiday home ownership – where groups of people own a share of a property – is nothing new. However, it’s only with the formation of bespoke firms such as The Hideaways Club, with their exclusive investment models, that the opportunity to own a share of a property portfolio has entered the mainstream real estate mix. Launched in 2007 after 10 years in the making, The Hideaways Club provides a streamlined way for owners to enjoy an unrivalled travel and leisure lifestyle.
Key Benefits
Flexibility - An investment opportunity with a difference: exclusive use of a portfolio of villas, chalets and apartments for a set number of weeks per annum (no of weeks depend on the individual scheme).
Choice of Location – Properties are located in some of the most exclusive destinations around the globe - coast, country, sun and ski.
Shared Costs – the concept sidesteps the prohibitive cost of owning a property outright. The levels of financial investment to join fractional schemes vary depending on the size of the property portfolio, the type of properties owned, and of course their size and location.
Managed Upkeep - After the initial share purchase, investors pay only an annual upkeep cost – no need to worry about maintenance logistics from a distance.
Sound Exit Strategy - Investors retain the option to sell their share in the future and to reap the benefits of any price appreciation. With a portfolio purchase, risk is spread across the asset portfolio, as it is hoped that any downturn in individual markets, will be more than offset by growth in others. That said, financial returns can never be guaranteed.
Pick ‘n Mix Holidays – If you like different types of holiday throughout the year, be it ski, golf, or relaxing on the beach, then the range of property styles in a fractional portfolio make it easy to enjoy your pastimes in some of the world’s top locations.
For more information go to: www.thehideawaysclub.com
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