Press Release Summary = December sees the launch of the Oyster Club, the UK\'s first destination club. For a fully refundable membership deposit plus an annual subscription you gain access to a portfolio of luxury properties and yachts worth an average of £2.5m each.
Press Release Body = One of the hardest decisions that many of us face when buying a property abroad is just where to buy. The Spanish Costa's, France's Cote D'Azur, Italy, Dubai, the Caribbean or somewhere equally exotic. And then there is still the need to rent somewhere for the skiing season.
But what if, for what is in many places the price of a modest second home, you had access to 21 fabulous houses and 4 luxury motor yachts?
Destination Clubs have boomed in the US since their launch in 1998 and now over 4,000 people enjoy access to more than 600 properties through 20 or so clubs there. But with over 80% of their properties within the States the Clubs offer little to those who live elsewhere.
The Oyster Club is believed to be the first destination club to launch in the UK and has taken the very best from the American model and adapted it to suit the local market. "In the UK we are far more used to travelling and have greater leisure time available to us." Said Catherine Castle, The Oyster Club's Marketing Director, "with so many low cost flights available it is easy to jet off for a few days and we aim to offer a wide range of destinations across the world as the club grows."
"Let's be honest," she commented "Owning a second home is expensive and a hassle. If you're lucky you may rent out your home for a few weeks of the year - probably the exact weeks you want to go. And when you do get there there are always jobs that need doing. Our members can enjoy every minute of their holiday and still benefit from the growth in the value of the whole portfolio."
Entry to the club, which is a non-profit organisation, it not cheap with a £10,000 refundable application fee and a £525,000 membership deposit. On top of that annual dues of £25,000 must be paid.
But what you get for your money is spectacular! Each property will be located in the premier areas and with an average value of £2.5 million pounds the properties are some of the most stunning in the world. Every member gets 10 weeks holidays a year plus an unlimited number of "last minute bookings". "If you want to get away within 7 days of booking we can fit you in somewhere" said Catherine "and these last minute booking won't be taken from your annual allowance. We want the members to enjoy the properties and not be looking after empty houses. That's why we don't insist on the member being present during a stay. This means that you can let family and friends use your weeks and even donate weeks to charity events."
So compared with renting a property The Oyster Club offers great value for money. With holiday rentals in many of the exotic parts of the world running into tens of thousands of pounds a week members can very soon be making a "profit" on their annual fee.
And let's not forget the boats. Four luxury vessels berthed around the world, fully crewed and ready to pamper to your every need. A weeks charter could easily set you back your membership dues and much more. It almost makes sense to join just for that!
"But if I bought my own property at least I get capital appreciation" I hear you say. Well The Oyster Club has an answer to that too.
"Whilst membership of the club is defiantly not an investment and should never be considered as such our membership deposit will increase each year in line with the value of the portfolio." said Catherine "Since you get 100% of the current membership deposit refunded to you when you resign, every member will benefit from the growth in that value. And because our portfolio will be spread across the world it won't be unduly affected by local peaks and troughs of the property market in the way that a single property is."
"So how secure is my money" Well the club is structured as a Company limited by guarantee, which means that no one is entitled to take any profits from the club and that every member has the right to vote at its annual meetings. In addition all funds are held in a secure accountbb and your £525,000 membership deposit is allocated £500,000 to the property fund, £25,000 for furnishings and décor. The company only receives your additional £10,000 application fee to fund marketing, property finding and running expenses. Properties are acquired at the rate of 1 property for every 5 members.
The first 25 members will be invited to join the clubs advisory board. This board determines the location of each property and sets the level of each years annual dues.
So, in a nutshell, for £535,000 you get access to properties and yachts worth an average of £2.5 million each in some of the worlds most stunning locations, almost unlimited access and you benefit from the growth in the value of the portfolio. Just visit www.oyster-club.com to find out more.
Web Site = http://www.oyster-club.com
Contact Details = The Oyster Club The Hub Birchy Cross Farm Broad Lane Tanworth-in-Arden Solihull West Midlands B94 5DN UK
2022
