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The Hideaways Club


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HOLA441

This has been advertised in the FT lately.

Basically it's a long term timeshare investment in a variety of super luxury villas across Europe and the rest of the world.

http://www.thehideawaysclub.com/

So I did a bit more research. For £120,000 you get roughly a 1% stake, and entitlement to up to about 5 weeks a year at one of these properties, that generally accomodate 10-15 people depending on exact details.

Then you also owe around £7,000 a year in maintenance fees.

To me, unless I was literally going to take 5 mates and their partners away 3-4 times a year, I simply don't see how the sums add up. The £7,000 a year alone is enough for 1-2 really amazing holidays a year, and the club doesn't even cover your flights.

Nice idea, sums don't add up. I think there could be a market for something similar though.

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