Rocksure Crystal Fund Launch

The Crystal fund is Rocksure’s third fund to own a portfolio of villas around the world. The villas, each costing over £1 million each will be located in Andalucía, Marrakech, Provence, Corfu, St. Lucia, and The Algarve.

Rocksures first fund the Alpha fund, sold out a couple of years ago and the newer Rocksure Bravo fund has just a couple of shareholdings to go before being fully subscribed. The newly launched Crystal fund follows a now familiar pattern allowing shareholders to co-own and enjoy the six properties for a fraction of the cost of one of them.

Each home will be fully staffed, including a housekeeper/cook, maid service as required and a gardener/pool person. They will have have a minimum of 4 bedrooms and bathrooms offering plenty of room for family and guests.

45 shareholder units are available, and each investor holding 1 unit will receive an average of up to 4 weeks at the properties – this is made up of an average of 2 high season weeks and 2 mid season weeks. Rocksure uses a points system of “Rocksure Pounds” to let owners choose which weeks they want to stay, with high season weeks costing the most Rocksure Pounds.

Investors can make priority reservations between 9 and 12 months in advance and the total number of weeks allocated to the Investors represents only 57% of the total weeks at the properties, so there should be plenty of available space.

The annual management and maintenance charge is £4,800 per unit in 2011, and there is a seasonal charge of £400 per week for high season weeks and £800 per week for peak season weeks.

The fund is currently offering a £12,000 earlybird discount off the £238,000 unit price.