media have widely reported a return to confidence
in overseas properties in many parts of the world,
especially with strong sterling rates during 2014.
For those who have decided that 2015 will be the year
they seriously think about buying abroad, there are
many considerations before the search for a dream
holiday home begins:
1. Location, location, location
buyers keen to find a property in a resort they’ve
visited for their summer holidays for years, it’s
worth remembering that it may not be the same lively
and exciting place out of season, as many beach oriented
resorts shut up shop over the winter months. In addition,
many holiday home owners feel obliged to make the
most of their investment, visiting for every holiday,
but this can curtail trips to other parts of the world.
Holidays in the same location every year could become
tedious and more travel variety may be desirable.
is useful to consider how many visits will be made
each year to a holiday home and at which time of year?
If low cost airlines are relied on to get to a favoured
holiday home location, remember these routes may not
be in operation during the low season.
3. Keeping Everything in Shipshape Condition
like a primary residence, a holiday home will need
to be maintained regularly. Holiday homes with pools
have a clear need for regular maintenance, but it
is also important to consider how the property itself
will be cleaned, who will carry out regular repairs,
or look after the gardens and who will sort out any
emergencies, especially if the holiday home is thousands
of miles away. Many holiday home owners inevitably
find they spend a portion of their holiday home visits
in organising upgrades, repairs or deliveries, which
can take the edge off relaxation.
Friends and Family
sociable holidays accompanied by friends and family,
it makes sense to look for a property large enough
to accommodate everyone, although this will inevitably
require a larger capital outlay.
there is another way. To invest in a second home without
the hassle, but with the flexibility of travelling
to different locations, it might be worth considering
The Hideaways Club shared property ownership club.
It allows members to invest in a portfolio of exquisite
homes in fantastic locations across the globe and
to join an exclusive lifestyle and destination club,
enabling them to holiday in the properties owned by
the club’s funds – and more.
variety is guaranteed, as The Hideaways Club’s
Classic Collection currently offers 42 properties
around the world, typically sleeping 8-10 guests,
ranging from Tuscan farmhouses to ski chalets and
tropical villas, with access to a further portfolio
of 200 luxury villas through reciprocal agreements
with other destination clubs. The Club’s City
Collection offers 20 luxury apartments in iconic cities,
sleeping 4-6 guests. High standards of accommodation
are assured, as all The Hideaways Club properties
are worth more than £1.2 million. Membership
is supported by an expert central and local concierge
service to help organise transfers, holiday itineraries,
dinner reservations and sightseeing.
Hideaways Club entry level price starts with a Lifestyle
Associate membership at £88,000 for the Classic
Collection, or £69,500 for the City Collection,
which is a lower capital investment than buying a
comparable second home outright. More information
can be found by visiting The Hideaways Club’s
brand new website: www.thehideawaysclub.com.
on the benefits of The Hideaways Club, CEO Poonam
Dhawan-Leach, says, ‘Our members are making
a clear lifestyle choice when they join The Hideaways
Club. They like the flexibility we offer, the wide
choice of luxury homes to stay in, all beautifully
furnished but with very different ambiences and characters,
plus the attention to detail and convenience of our
concierge service. This is underpinned with the knowledge
that they are investing in properties spread across
different countries and are therefore less exposed
to the vagaries of any particular country’s
property market. In addition, they will benefit from
lifelong memories and great experiences along the
way all with a lower capital investment required compared
with buying a second home.’