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Luxus Vacation Properties |
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| Membership Pricing | | Initial Membership Fee (highest) | $230,000 | | Annual Dues (highest) | $8,000 | | # Nights | 56 | | % Membership Refundable | Equity | | Refund Basis | Equity | | Homes | | # of homes | 14 | | # of locations | 11 | | Average Value | $1.0m | | Members per Home | 6:1 | | Club | | Number members | 84
| | Founded | 2007 | | % Homes owned | 100% |
Description
Luxus Vacation Properties is an investment fund or equity destination club which plans to build a portfolio of 30 homes. The fund is open to accredited investors resident in Canada.
The current homes are located throughout North America and include residences in New York, Orlando, Hawaii, Cabo san Lucas, Mexico, and Canmore, Alberta.
The fund has three investment levels, which offer different levels of usage. All the figures in the table above are shown in US$, although the fund quotes its share price in Canadian $. The fund plans to sell all the homes in 11 years and return 75% of the appreciation to members.
The club is headquartered in Edmonton, Alberta. |
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Last Updated ( Friday, 12 March 2010 )
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