Fractional Ownership News
Fractional Company Appoints Tim Henman As Ambassador
It was announced this week that the UK’s finest tennis player over the past 20 years, Tim Henman has become Ambassador for and a member of Europe’s leading fractional ownership property company The Hideaways Club.
Commenting on his membership Henman said, “I am delighted to accept the role of Ambassador for such a prestigious and exciting company. Having travelled the world for so many years I’ve frequently thought about owning somewhere abroad where I can take my family on holiday but always held back because I didn’t want the added responsibility of owning a house overseas and didn’t want to be tied down to one place. In The Hideaways Club I have found the perfect solution. A wide variety of beautiful properties in stunning locations that I can use year round without all the attendant costs, concerns and hassles associated with owning my own house plus the potential growth of my investment. The whole concept of fractional ownership makes total sense to me and I greatly look forward to enjoying the variety of choice the Club offers as to where and when I go on holiday.”
The Hideaways Club, the largest of its type in Europe, was formed in 2006 and launched in 2007 offering members exclusive usage of over 20 luxurious Euro million plus properties throughout Europe, Africa, Mauritius and the Far East with more planned to be added to the portfolio during this year. In these challenging financial times fractional ownership is fast becoming recognised as the most cost effective and enjoyable way of investing in overseas property, a fact underlined by the burgeoning success of the Club which is close to welcoming its 100th member. Not to be confused with Timeshare, members of The Hideaways Club not only have the choice of a wide variety of properties in which to holiday but very importantly have equity ownership in the entire portfolio of properties that offers strong potential for medium to long term growth on their investment.
Key benefits of membership:
• Membership is a fraction of the cost of sole ownership
• For the cost of renting a luxury villa for two weeks members have up to six weeks in a variety of different properties for the same outlay plus the possible growth on their investment
• The Club currently has in excess of 20 Euro million plus properties
• Real asset ownership. Each member owns (pro-rated to the type of membership) an equal share of the entire property portfolio
• Owing to its purchasing power the company has been able to capitalise on the current market and purchase superior properties at below market value that will ultimately benefit members
• All member’s requests and requirements are handled by the company’s local concierge team
• Robust corporate governance that protects members 100% ownership of property assets
22/06/2009
