Hong Kong and one of Asia’s luxury private
destination clubs - LUXLife, is offering a lifetime of exclusive
villa retreats in some of the world’s most popular leisure
destinations - often for less than the price of a mere down
payment on just one holiday home.
Under the slogan ‘Why Buy Just One When You Can
HAVE THEM ALL’, the concept is offering members exclusive access
to a collection of private 5-star villas owned by the club.
The LUXLife portfolio debuts with an oceanfront
villa at the ultra luxury St Regis Residences in Nusa Dua, Bali, a
pool villa at Andara Luxury Villas in Phuket - a popular
playground for some of Asia’s wealthiest tycoons - and Ocean Front
at Sentosa Cove, Singapore, with other luxury properties to
follow.
LUXLife not only provides villa holidays but
also member concierge services and ‘bespoke’ leisure pursuits.
Through various alliances and/or partnerships with luxury
lifestyle companies worldwide, members gain access to private
yachts and jets, concierge services, private islands, boutique
resorts, spas and private member city and country clubs.
“Not only does this provide an unrivalled luxury
leisure experience, it is also a revolutionary lifestyle
investment for members,” said founder Gary A. Ferraro, President
of Villa Partners International.
LUXLife is a private destination club, both
asset-backed and NAV (Net Asset Value) synchronised.
“Membership value is synchronised with the
increasing value of the planned real estate portfolio of over 50
signature villas and luxury real estate properties to be owned by
the club,” explained Mr. Ferraro.
“Membership holds great potential for
significant return-on-investment and appreciation of the
membership value.
“The model is revolutionary in the Destination
Club sector, proprietary to Villa Partners International and the
first of its kind, true Private Destination Club (PDC) in Asia.”
The concept targets “high-net-worth” investors
in its target markets of Hong Kong and then Singapore and is
restricted to just 399 members.
Membership is priced from HK$1.4 to HK$4
million, depending on the type of membership and benefits
selected.
Villa Membership includes participation in a
proprietary, non-equity, membership valuation formula which
parallels with the value of the VPI villa investment portfolio, as
well as access to a host of amenities, services and leisure
pursuits offered by LUXLife.
Alternative Leisure Membership provides a select
number of days-per-year access to the 5-star villas and leisure
pursuits of the club – but without the benefits of participation
in the Villa Membership and its proprietary valuation formula.
LUXLife founders have reported a “positive
market response” to the initial invitation-only membership drive
for its first 50 founding members.
“All the Founding Memberships will be committed
and closed out very soon, with a mix of individual, family and
corporate member participants,” said Villa Partners International
President, Gary A. Ferraro.
“This is not a public, mass market product. This
is an exclusive, private club representing an enduring, safe,
prudent investment – a lifetime of luxury lifestyle fulfillment
and family memories.”
Private Destination Clubs (PDCs) are a new
option in Asia derived from the ‘second home’ fractional real
estate investment markets, which has boomed in recent years.
Traditionally, destination clubs are mostly “non-equity”
businesses that sell memberships rather than investment
opportunities in the real estate holdings.
See other recent news regarding:
Airlines,
Airports,
Flights,
Codeshare,
Lounges,
First Class,
Business Class,
MICE,
GDS,
Rewards,
Miles,
Hotels,
Apartments,
Promotions,
Spas,
New Hotels,
Traffic,
Visitor Arrivals,
Cruises,
Free Deals,
ITB Asia,
Singapore,
Hong Kong,
Villas,
Retreats
|