It sounds like a lucrative idea. Merging investment with holidaying might just be a new trend in a world recovering from the economic crisis. And Rocksure Property has hit upon a novel way to attract investors. The fractional real estate fund operator has tied up with private members’ club and concierge service Quintessentially. Together they are launching Rocksure’s fourth investment fund, the Quintessentially Rocksure Platinum Fund.
Under this Fund, investors have the opportunity to share ownership of five international luxury properties plus avail of the services of Quintessentially. The Fund’s properties are spread across some truly exotic locations – Barbados, South of France, Algarve, Marrakech and Mallorca. Taken together, we are looking at an average value of $4 million. However, joining prices with the Quintessentially Rocksure Platinum Fund start from £230,000 pern half unit. If that is not a bargain, what is?
The Fund should appeal to wealthy investors who are looking for value for their money. Investing under the Quintessentially Rocksure Platinum Fund has several advantages. First, it allows investors the option of owning five separate holiday homes. Second, all that headache of maintaining a holiday home is greatly minimised. Third, any kind of real estate investment has an element of risk. However, in this case, the risk factor is spread over five countries. Fourth, the capital invested in the five properties is sure to appreciate over the 8-year period of the Fund.
Moreover, investors are granted a certain quota of weeks that they can spend in a property of their choice. These weeks can be passed on to family and friends or even carried forward to the following year.