DIVERSIFYING YOUR PROPERTY INVESTMENTS

DIVERSIFYING YOUR PROPERTY INVESTMENTS
Like most other villa owners you probably realize that owning a holiday home abroad means that you tend to return to the same destination every time you go away! Also, sightseeing and relaxation go out of the window as the entire time is spent cleaning and renovating your investment. How wonderful it would be therefore to be able to own several holiday homes in a variety of places and then visit a different one each trip! Only for the very rich? Not so. Share-holders in Holiday Homes International Ltd, a British property investment company, basically become part-owners of the company's portfolio of investment properties and as such can then stay in them any time they want for nothing more than a nominal charge.
Holiday Homes International is not timeshare, nor is it vacation ownership - there are no annual costs or fees – it is property investment with perks! Share-holders, as co-owners of each of the company's properties, not only benefit from the increase in value of the portfolio but also by having free or very cheap use of the properties. HHI purchases holiday homes outright, for cash, in top destinations and then has a management and rental company cover all the operating costs involved with ownership (such as insurance, taxes, utilities, maintenance etc) in return for being able to rent them out when not used by HHI share-holders. As an added bonus, half of any profit at the end of the year is then returned to the company. As mentioned, other than sharing in the ownership of the company's properties, the main attraction for the share-holders is their being able, for a nominal "user-charge", to actually stay in the company's properties. The amount of this charge depends on the destination, the time of year, how far in advance the booking is made and the amount of shares held in the company. During some times of the year, particularly for larger shareholders, the opportunity is there to stay in the company's properties - even a £1 million Floridian beachfront home - for free, with the only payment being a small end-of-stay cleaning fee. This arrangement therefore combines property investment with holidaying in the sun, snow or to a romantic city (the company currently has new apartments being constructed in Prague and Budapest). Other destinations available for use by the company's shareholders currently include Austria, Majorca, France, Slovakia, Orlando and Longboat Key, Florida but the choice will be widened once further purchases are made. Next in line are properties in Cyprus, Turkey, Germany, Switzerland, Slovenia and Greece.Not everyone, however, is able to become a shareholder. The company strictly adheres to UK regulations concerning the offering and sale of unlisted securities. The law requires that a prospective investor must first self-certify to the company that he or she is either a "sophisticated investor" who has had previous experiences of buying unlisted stock or else be a "high net-worth individual", who last year either earned at least £100,000 or who had more than £250,000 in savings or investments outside of the family home. For more information about Holiday Homes International Ltd visit their website WWW.HOLIDAYHOMESINTERNATIONAL.CO.UK