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The Hideaways Club Expands Into South-East Asia
October 8, 2009 by Fractional & Shared Ownership Property News & Reviews · Leave a Comment
The Hideaways Club is a leading international property investment fund that offers its members the opportunity to invest in and exclusively enjoy an entire portfolio of luxury holiday villas and chalets throughout Europe, Africa and Mauritius. The company has recently added two spectacular new properties to its expanding Far East programme on the beautiful islands of Bali and Phuket.
Situated on the Asmara Estate on the southern end of Bali in a secure gated private estate, the main house comprises three tastefully furnished and spacious en-suite bedrooms, plus two stand-alone garden bungalows, each with double beds and al fresco bathrooms and a large private swimming pool set in 2,200 square metres of beautiful manicured gardens.
There are full time staff on hand at all times and the property is in close proximity to a world class golf course, famous surfing beaches, excellent local restaurants and is ideally located from which to explore the island and experience the rich Balinese culture.
The Phuket property is positioned on the Layan Estate on the northern end of the island in a beautiful gated community that offers privacy, tranquillity and security with one of the islands finest beaches, Layan beach, a five minute walk away. The villa offers four large en suite bedrooms, open plan living and dining rooms, a children’s room and a large private pool. An additional benefit is a 34’ powerboat available at a special rate for guests’ usage only a 20 minute drive away.
As with all Hideaways Club properties a 24-hour local concierge service is available and the villa has full time staff to take care of every requirement. Phuket is famous for world class diving and snorkelling facilities and some of the most beautiful beaches in the world are close by. The internationally famous Pang Na Bay with its 42 islands is a short drive away.
Commenting on these two purchases Mike Balfour, Chairman and co-founder of The Hideaways Club said, “As part of our ongoing commitment to providing members with the widest and most exciting choice of holiday options in three continents it was a natural move to expand our operation in the Far East. Having researched a number of locations in the area we realised that two of the most popular and requested destinations lay in the spectacularly beautiful islands of Bali and Phuket. These destinations fit in perfectly with the profile of our existing Malaysian Borneo property and offer excellent value for money and solid investment potential which will ultimately benefit all our members. We are currently looking to add further properties to our portfolio in the South-East Asia region over the coming year.”
Founded in 2006 and launched in 2007 by a group of highly successful international entrepreneurs and investors, Members of The Hideaways Club enjoy the use of a diverse portfolio of 25 multi-million euro properties throughout Europe, Africa, Mauritius and the Far East (see attachment). Membership of the Club is rapidly becoming recognised as the most financially astute way of investing in overseas property that combines a unique investment with a luxurious lifestyle, offering members a wide variety of holiday options while at the same time benefiting from medium to long term growth on their investment.
Key benefits of membership:
• Membership is a FRACTION OF THE COST of sole ownership
• Members pay an annual cost which represents a 60% DISCOUNT TO MARKET villa rentals
• The Club currently has in excess of 25 LUXURY VILLAS in three continents
• The total value of The Hideaways Club property portfolio is now in excess of £30 million
• Each year an additional 12 to 15 luxury villa, chalets and apartments are added to the portfolio
• Each member owns (pro-rated to the type of membership) an equal share of the entire property portfolio giving them REAL ASSET OWNERSHIP
• Owing to its purchasing power the company has been able to capitalise on the current market conditions for the benefit of the members
• All members requests and requirements are handled by the company’s local and UK concierge team
• Robust corporate governance in place protects members 100% ownership of property assets
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