Property - Luxury Property Investment

The New Generation of Property Investment

Why buy one investment property when you can invest in and enjoy several luxury properties across multiple destinations?

By investing in diversified Luxury Property Funds, financially savvy investors are now accessing a portfolio of top tier residential assets while only paying a fraction of the cost of owning just one of them.

This growing international trend is now available in Australia. Allure Properties, together with key global advisors Westpac Banking Corporation and Knight Frank International are providing this model for wholesale investors. By investing in an Australian Unit Trust, investors co-own and enjoy a portfolio of multi-million dollar homes across the major cities of Australia or across some of the world’s most desirable destinations.

“For newcomers to Australia this is an excellent investment. The Allure Properties Opal Fund offers investors the opportunity to experience a beautiful new country from the luxury of their own magnificent holiday homes across five major cities in Australia. Alternatively, the Allure Properties Diamond Fund offers those with a passion for travel the chance to invest in luxury residences in some of the world’s most desirable destinations” said Director, Jo Perrott.

To qualify as a wholesale investor in Australia you need to hold equivalent to A$2.5 million worth of net assets or to have earned a gross annual income of at least A$250,000 for the previous two years. Alternatively, an investment of A$500,000 or more automatically qualifies for wholesale investment in Australia.

Investment in Luxury Property Funds typically starts from $250,000 per unit but may exceed $1,000,000 for multiple units in a fund. Each unit entitles the investor to 14 days per year enjoying any of the luxury properties.

Simply put this is efficiency in second home ownership. Instead of having a holiday home lay idle, access is proportionate to the level of investment, deeming this far more efficient than sole ownership as you literally only pay for what you use.

For example, instead of a $1,000,000 investment in full ownership of a second home in one destination, that investors have to maintain and manage, the same level of investment can provide two months each year vacationing across several destinations in residences valued up to $6,000,000 each. Additionally, all maintenance and management is taken care of, leaving investors to simply arrive and enjoy.

In addition to any capital growth, investors receive annual returns correlating to the market value of weeks allocated to them each year. Equivalent houses to those in the funds can rent for up to A$15,000 per week and investors are free to rent out or gift privately to family or friends should they not wish to personally use their full entitlement.

These multi-million dollar homes typically sleep a minimum of eight to ten guests in stunning style. They are professionally furnished and have staff on hand including private concierge, maids and maintenance personnel as required.

By investing in the funds, investors co-own 100% of the properties debt-free. The life of the funds vary from five to eight years. However, investors are free to transfer or sell their investment at any time. At the end of the fixed investment period, all properties in the funds are sold, with all proceeds, inclusive of any capital gains, being returned to investors.

Being financially astute and placing more emphasis on enjoying quality time, new discoveries and experiences, a Luxury Property Fund is for you.