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Rocksure Property Overview |
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| Membership Pricing |
| Initial Membership Fee |
$360,000 |
| Annual Dues |
$3,400 |
| # Nights |
28 |
| % Membership Refundable |
Equity |
| Refund Basis |
NA |
| Homes |
| # of homes |
6
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| # of locations |
6
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| Average Value |
$1,900,000 |
| Members per Home |
7:1 |
| Club |
| Number members |
NA
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| Founded |
2007 |
| % Homes owned |
100% |
Description
Rocksure Property is raising its second and third funds, the Bravo fund and the Capital fund. The Bravo fund will buy six vacation homes around the world. The Capital fund will buy 10 homes in major European cities. This follows on the success of their Alpha fund, in which 38 investors bought 6 other homes.
The club is essentially an equity destination club, and each fund will have a finite life of 8-10 years after which the homes will be sold and the proceeds shared amongst the investor members.
The 6 Bravo homes will be located in Breckenridge, Colorado; Buzios, Brazil; The Algarve, Portugal; Phuket, Thailand; Marrakech, Morocco; the Adriatic Coast, Croatia.
Here's where you can start to compare Rocksure Property to the other destination clubs, and if you're seriously looking into joining a club download the free Guide to Destination Clubs. |
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Last Updated ( Wednesday, 10 February 2010 )
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