Branded as "the first of its kind, an Asset-backed and NAV (Net Asset Value) Synchronized lifestyle investment which gives its invitation-only members exclusive use of and access to a glittering portfolio of some of the finest private luxury villas and bespoke leisure services in the most desirable locations throughout Asia and the world," LUXLife was created by Villa Partners International.
"The asset-back and Net Asset Value Synchronized model is revolutionary in the destination club sector, is proprietary to VPI and is the first of its kind. A true private destination club in Asia," said luxury real estate specialist Gary Ferraro.
Currently limited to the Singapore and Hong Kong markets, initial memberships are available between HK$1.4 to HK$4 million. LUXLife offers individual, family, and corporate memberships and will be limited to just 399 members.
According to the club's launch press release, "In general, destination clubs traditionally have been mostly 'non-equity' business models that sell memberships rather than investment opportunities in the real estate holdings. LUXLife distinctively incorporates new hybrid 'equity' model attributes, along with a more extensive range of luxury lifestyle experiences, but without the 'liabilities' of full ownership."
The club plans to officially launch in September of 2009. Check back soon to learn more information about LUXLife and their offering.
To learn more about LUXLife, please visit the club's quick links found to the right or request a complimentary copy of our Destination Club Guide.
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