47 Park Street - Fractional Ownership By Marriott Grand Residences

The Hideaways Club

May 27, 2009 by Fractional & Shared Ownership Property News & Reviews · Leave a Comment

In these challenging financial times when investment and deposit accounts are producing a very low return what do you do with your money? Fractional ownership is fast becoming acknowledged as the logical and
financially astute way of investing in high-end luxury products while giving owners the opportunity of mid to long term capital growth.

The Hideaways Club is Europe’s premier fractional ownership property company offering its members exclusive usage and equity ownership of an entire portfolio of stunning villas, chalets and other magnificent properties at a fraction of the cost of sole ownership.

Members investment is safeguarded and protected through robust corporate governance and top class advisors like Deloitte. The Club’s sound financials are based on purchases being predominantly equity based and the Club being able to take advantage of current markets. Members enjoy the potential investment growth of their diversified portfolio across a wide range of locations, making this the most
compelling and financially astute way to own overseas property.

In addition, whenever members want to use any of their properties they enjoy a hassle free and luxurious lifestyle as their private concierge organizes everything for them, all at a fraction of the cost what equivalent ownership and usage of just one property would cost.

Founded in 2006 and launched in early 2007 by a group of highly experienced international entrepreneurs and investors, members of the Club enjoy the use of a portfolio of properties in beautiful locations that offer a luxurious lifestyle and a solid investment. Members currently have access to ‘their’ multi-million euro properties in France, Italy, Majorca, Morocco, Switzerland, Spain, Turkey and Portugal. This year, properties in Croatia, Mauritius and Malaysian Borneo will be added to the Club’s portfolio with further being added
each year until it reaches its target of 100 properties in more than 30 locations.

All Hideaways Club properties are located in areas that are renowned for their beauty and accessibility and are luxuriously furnished with great care and attention being paid to the smallest details. One of the major benefits of membership is that it removes all the hassles, hidden expenses and uncertainty associated with booking a holiday and all members are looked after by the Club’s own concierge service to ensure a totally relaxing, enjoyable and stress-free experience.

Commenting on the Hideaways Club Stephen Wise, co-founder and CEO said, “The positive outstanding testimonials from our members confirmed our belief that the club is not just a financially astute way to own and use overseas properties but also provides the means to enjoy memorable holiday experiences. Members benefit from the capital growth in the value of the entire portfolio whilst enjoying relaxing holidays in amazing locations all organised by the club’s local concierge. This is proving to be a very attractive proposition.”

JOINING THE CLUB
In order to join the Club members purchase a share in The Property Holding Company with the entry cost varying according to the membership chosen. This means that each member owns a share of the whole portfolio of properties at any point in time. The Hideaways Club, through its concierge service, organises the bookings of the properties and deals with all aspects of maintenance including repairs, pool and garden upkeep, local taxes, concierge and daily maid service, all of which are covered by an Annual Cost
Contribution (ACC).

Use of the Club’s properties is based on a points system depending on when members book their time with a choice of Priority, Peak, Mid Peak or Off Peak periods. Members, through paying the ACC, receive points that typically allow for some four to six weeks of holidays per year for a Premium share and both Premium and Lifestyle members can purchase additional points ensuring they will have complete flexibility. In addition they will have the option of buying additional points if they want to use the properties more
frequently and all can be used independently by their families, friends and colleagues. There are no fixed allocations and members can use any of the properties as and when they choose subject to some booking conditions.

Holiday Times             Destination Points
One Week: Priority       30
One Week: Peak           30
One Week: Mid peak    25
One Week: Off peak     20

THE PROPERTIES
All Club properties are primarily detached with an average value of around Euros 1.5 to 2 million with some in excess of that. Each home has an average floor space in excess of 250 square metres with a minimum of four to five bedrooms, three bathrooms, private gardens and swimming pools where appropriate. Some properties are considerably larger and the portfolio also includes ski chalets and the next stage will include city apartments. International interior designers have created a sumptuous environment of informal luxury that provides tranquillity and peace of mind. All properties have impressive audio visual and media specifications that include Plasma flat screen TV, film library, integrated iPod system, Broadband internet and top of the range kitchens and equipment. In addition each property is fully equipped for families with children with a range of toys, DVD’s, tableware and others for children to make them feel immediately at home.

CONCIERGE SERVICE
In order to further enhance the luxurious hassle-free lifestyle owners can enjoy, a UK and local based concierge service will co-ordinate all reservations and supply the all important ‘inside’ information on every location in advance of departure – where to eat, what to see, the nearest beaches, the best ski runs, culture, golf courses, concerts and special annual festivals and events. The local concierge service will arrange airport transfer arrangements, if required, provide a starter grocery box and can organise additional services such as personal chefs, security, wine tastings, in-house cooking classes, yoga sessions in the villa, chauffeurs, light lunches being prepared or grocery shopping being done for members – they will also co-ordinate a range of services such as setting up golf, skiing, spa treatment reservations and tickets to local operas, theatres and festivals, all of which can be tailored to suit individual requirements. Also available is a childcare service to help ensure a smooth and most memorable family holiday.

KEY ACHIEVEMENTS

Given high demand and interest, The Club has already sold all membership shares that have been made available for issuance and are targeting over 100 membership shares sold by the turn of the year 2008/9.

Since its inception 16 properties have been purchased, 13 of which are currently available for use by members with more imminently expected.

Over the past 12 months members have already taken over 200 trips to Club properties and their enthusiastic testimonials speak for themselves.

The wonderful experience members have had has led to a considerable number of genuine enquiries.

Indicative property valuations suggest that the property portfolio has already seen impressive composite growth in excess of 15% in the first year of operation.

KEY HIGHLIGHTS
Membership in The Hideaways Club provides for an exclusive and luxurious lifestyle and opens up a world of stress free ownership of a portfolio of magnificent villas in the most desirable locations in Europe and beyond – all at the fraction of the cost of owning just one villa.

Some key highlights are:

Strictly limited memberships in a private and exclusive Club.

Each member owns an equity stake in the whole portfolio and hence benefits from the growth in value: Highly capital efficient. Cost to join as a member is a fraction of the cost of buying just one villa freeing up capital to invest in other asset classes.

Maximum flexibility. Properties can be used by a member’s friend, extended family or business associates. Some points can be carried over.

Luxurious and opulent lifestyle for members with each property located in the most desirable destinations, whether for golfing, culture, skiing, beach, sun or winter activities.

High levels of availability at any given time. The lowest member to property ratio in the industry.

Personal Concierge Service to ensure hassle free and relaxing holiday experiences.

International Interior Designers have created a consistently high standard of informal luxury combined with all modern amenities.

Exit: members can exit after 3 years and, in addition to their entry cost, benefit from 80% of the capital upside between share entry and share exit value.

MEMBERSHIP
There are three types of membership available: Premium, Lifestyle and Associate:

Premium members pay an entry fee of £220,000 and an ACC of £12,000 per annum which allows them to enjoy four to six weeks per annum as part of their ACC. More usage points can be purchased, if desired.

Lifestyle members pay an entry fee of £150,000 and an ACC of £8,000 which gives them three to four weeks per annum. More usage points can be purchased, if desired.

Associate members pay an entry fee of £115,000 and an ACC of £6,000 per annum which give them two to three weeks per annum. No additional points can be purchased.

NEW DESTINATIONS
Chamonix and Haute-Nendaz
The hideaways club is gearing up for the 2009 ski season by offering its members three spectacular chalets. Set in the magnificent area of Chamonix, France and Haute-Nendaz, Switzerland, the three luxurious, designer built properties offer a wide variety of skiing and snowboarding for the enthusiast. The Chamonix property can accommodate up to eight people and the two Haute-Nendaz chalets up to 10. All three are newly built to the Club’s exacting standards in the traditional alpine style and have fabulous panoramic
views of the valleys below. The Haute-Nendaz properties, with ski-in, ski-out facilities, offer over 412 km of pistes and 92 ski lifts thus ensuring minimum queuing time, and the Chamonix area is world renowned for its high altitude skiing, pristine slopes and stunning views of the Monc Blanc massif.

Croatia
The luxurious villa is being built on a 1080sq m site on Brac Island, one of the most beautiful islands on the Dalmation Coast, and will be ready for use in July 09. Located near the North-West harbour town of Sutivan, the villa will be surrounded by stunning countryside which encompasses rolling hills dotted with olive groves, vineyards and mandarin orchards and the villa itself will be close to pristine beaches and calm, inviting blue waters. The celebrated Croatian architect Darko Luger, father of former England and Saracens rugby player Daniel Luger, has been drafted in to deliver a spacious four bedroom villa complete
with a 10 metre swimming pool surrounded by luscious landscaped gardens.

Mauritius
Hideaways Club has purchased a substantial site on the beautiful Indian Ocean Island of Mauritius on which to build a luxurious four bedroom villa. The villa will be designed in the traditional plantation Veranda Style and is located at the south western end of this stunning island. It will provide luxurious accommodation for up to eight people and is surrounded by glorious countryside and great sea views. The resort offers a variety
of amenities which include a top class 18 hole golf course, tennis courts, gym and spa, beach club and high quality bars and restaurants. The villa will be ready for use at the end of 2009.

Borneo
South East Asia is the latest addition with the purchase of a prime area of beachfront property on beautiful Malaysian Borneo, one of the most diverse destinations in the world. Located on a 6km stretch of pristine and private coastline at the northern tip of the country the villa will be part of the exclusive Kudat Riviera resort. Blessed with idyllic white sandy beaches, crystal clear waters, private coves, hilltops and valleys, Kudat Riviera is the ultimate private luxury villa estate hideaway in South East Asia.

Sitting in 2.5 acres of its own private manicured gardens that include a natural stone swimming pool, the villa will be built of natural materials throughout offering accommodation for up to eight people in four large double bedrooms. Guests will also have use of the resorts facilities which include a hilltop panoramic spa and restaurant, a beach club restaurant, a floating restaurant and spa, scuba and snorkel diving and, for families with young children, a kids club. For the more adventurous trips to local tropical islands,
helicopter and yacht charters are available along with excursions into the spectacular rain forests in the area rich in wildlife, flora and fauna. The Hideaways Club villa is scheduled to be operational by the autumn 2009.

For further information
Tel: 02078249940 /
www.thehideawaysclub.com

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