Clubbing Together

Have you dreamt of spending your hard-earned retirement jetting between properties in the hip cities of Paris and Milan, the golf courses of Florida and the Algarve and the beaches of the Riviera and the Caribbean? For most of us it remains just that, a dream.

However, dreams can occasionally come true. There is a growing market for the destination or residence club, a hospitality product that is becoming widely available on the market at relatively affordable prices. Members are attracted to these clubs, because instead of spending their life savings buying their own villa in Spain, they are able to spend a similar amount buying a share in a number of holiday properties around the world.