Overview
The Oyster Circle Overview
Overview
| Membership Pricing | |
| Initial Membership Fee (highest) | $468,000 |
| Annual Dues (highest) | $37,440 |
| # Nights | 35 |
| % Membership Refundable | varies (see below) |
| Refund Basis | 3 in 1 out |
| Homes | |
| # of homes | 10 |
| # of locations | 10 |
| Average Value | $3,200,000 |
| Members per Home | 6:1 |
| Club | |
| Number members | 60+ |
| Founded | 2005 |
website
theoystercircle.com
If you're seriously considering joining a destination club then download "Destination Clubs: A Guide for Prospective Members". The Guide will give you an in-depth view of the different clubs including their homes, services and questions to consider prior to joining.
Description
The Oyster Circle is a European based destination club, with additional properties in the Caribbean, the USA, and South Africa.
The club has three membership levels, two are individual levels and one is a corporate level. They are summarized in the tables below. Note the memberships are priced in Euros and this is what we've used below, but in the table above we've translated them to US$ at an exchange rate of 1.3 $ to the .
| Shares |
Individual |
Individual |
Corporate |
| Initial Fee | 330,000 | 330,000 | 400,000 |
| Annual Dues | 21,000 | 25,200 | 30,250 |
| Days Usage | 28 | 35 | 35 |
Members can purchase additional days of usage at 900 ($1,170) per day, but these can only be used within three months of travel.
When a member resigns they get back 80% of their initial fee if they have been a member for 2, 3 or 4 years, or if they resign after 5 or more years they can get the higher of either 100% of their initial fee or 80% of the current value of a membership. No resignations are allowed in the first year of membership.
The club maintains a members to home ratio of 6:1, and plans to enroll 400 members and have 67 luxury homes in 50 destinations. The homes have a typical value of 2.5m ($3.9m) and a typical size of 3,800 sqft for villas and 2,200 sqft for city apartments.
The club is headquartered in Dublin, Ireland.
Here's where you can start to compare Oyster Circle to the other destination clubs.| < Prev | Next > |
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Costa Rica Was Our FavoriteOur Family has taken a vote and has decided that the trip to Costa Rica was our favorite. There was so much to do there. Our Host was great and recommended a lot of the things we did and so did our planner,...Read More...
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Bend, Oregon "One of our best vacations yet."In June, I went on a great vacation with my mother and little sister to Bend, Oregon. When I first arrived, I thought it was beautiful because there were a lot of juniper trees right where we were...Read More...
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Everything is Better in ItalyAs the six of us boarded the flight for Rome, I made one last nonchalant reach into my backpack to make sure it was still there. Every time I thought about it, I panicked. What if it isn’t there? I just...Read More...
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