• Rocksure invented a new way of owning and enjoying a second home abroad in 2006
• Since, more than 200 High Net Worth families have invested over 30 million Euros in Rocksure Funds
• 17 villas and apartments have been purchased
• Investors in the Rocksure Funds own 100% of the real estate between them, making it entirely different to the Timeshare concept
• Investment: One of the primary objectives is to make a capital gain
• Enjoyment: The other is to lock-in low cost luxury holidays over the lifetime of the investment
• Started with luxurious 4 – 5 bedroom villas
• 36 individuals invested €190,000 each in our first Rocksure Fund with which we purchased 4 Villas (in The Algarve, Marrakech, Brazil and Thailand) a Ski Lodge in Colorado, and an apartment on 57th Street in Manhattan
• Each Villa has a full staff including a Housekeeper/Cook, 1-2 maids, and a gardener/pool attendant
• Rocksure provides all of these services as well as maintaining the properties
• A Villa Fund has a 7-year Life after which all the properties are sold and the proceeds are returned to Investors, according to their investment level
• Shared equity ownership of the real estate
• Planned exit after 7-10 years
• Diversified locations to spread risk of fluctuating markets
• Attractive Management and Maintenance annual dues
• Great locations, luxurious furnishings
• Low-cost holidays for years to come
• No long-term borrowings
• Personal Concierge Service
• Opportunity to share with family and friends
• A Housekeeper/Cook with every villa
• A few years later, Rocksure decided to apply the same formula of shared assets and operating costs to spacious, beautifully-furnished and centrally-located apartments in some of Europe’s great cities
• Each apartment has 2-bedrooms/ 2-bathrooms, a large living room and kitchen and, usually, an extra Study or TV room
• Most can sleep 6 people
• There is a Business Centre, WiFi, an entertainment center with wide-screen TV
• The Capital Fund has purchased 5 apartments so far – in Paris, Barcelona, Prague, Venice and Vienna and the average size is over 185 square metres
• The Capital Fund has raised over €10 million from 99 Investors so far
• There are now just 15 Units available to buy at a price of €125,000 per Full Unit
• This money will be used to buy Property no. 6 in Rome after which the Fund will have its Final Closing and no further Units will be sold
• At this point, the 10 year Enjoyment Period starts
• Rocksure shows live availability on a private website for Investors who can then book online
• A Concierge is available for advice and assistance and daily housekeeping is provided
• Investors have a dedicated Shareholder Account Manager in the Rocksure UK office
• Two forms of return: potential capital gain from increased property values over 10 years and the benefit of below-market price accommodation for up to 2 weeks each year per family per Unit
• The Annual Charge for the Capital Portfolio is currently €2,800 per annum = an average of €1,400 per week This compares with market rental prices between €4,000 and €5,000 per week in High Season
• It is possible to invest in a Half Unit at €62,500 with an annual charge of €1,400 and an average use of 7 nights each year but, as mentioned, the Portfolio is getting ready to close so it will not be possible to increase your investment later to obtain more nights of use
• Reciprocal arrangements - properties of similar quality in Florence, London, New York and San Francisco
• Investors can use their Capital Fund ‘points’ to pay up to 100% of the cost of using the reciprocal properties