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Jul
2
Luxury Destination Clubs See Increasing Popularity Despite Real Estate Market Meltdown (PRWeb)
Filed Under Real Estate Info
While much of the media’s recent coverage of the real estate market has been focused on the meltdown of home sales and declining values, one niche market’s success has been almost entirely overlooked. Luxury destination clubs - exclusive membership clubs that entitle members to use upscale, fully serviced vacation homes in some of the world’s most sought after vacation spots - are gaining in …
Source:Luxury Destination Clubs See Increasing Popularity Despite Real Estate Market Meltdown (PRWeb)
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Destination clubs can be a great way of hedging your money in a slower market. Your deposit is refundable at a fixed amount, between 75% and 100% typically, although there are also equity clubs that tie it to their diversified portfolio of real estate.