CLUBSHARE
PROPERTIES
Welcome. Greece's
club share property market
is increasing.
The
schemes are
very simple, dividing the cost of a property in equal parts
between members ensuring a low investment requirement. Times are
allocated for each member
to use the property as a holiday home for 3,4
or
6 months of the year
depending on what is agreed between the parties.
There
is also an
opportunity to increase the initial property investment
through the sale of the property or share thus
recuperating the monies invested. Other club members can
be
friends or family,
or
alternatively you can
use
the Society's
contact service for other interested members.
All
club share projects have to be careful worked out with a contract that is
fixable to allow members to be able to release there equity in any such
scheme.
The first priority is to establish the members of the club, one popular way
is for family members and friends to form a property club that allows them
to equally or to invests as much or as little as possible in the scheme.
Contact
a lawyer in your home country to being to workout your legal requirements
under the law so a draft proposal agreement can be reached.
Work
clubs are another way to raise capital for property sharing schemes club, as
you begin write down a list for all to have an opinion on the type of
property required and more importantly the capacity of bedrooms required,
here are a few examples for you to start a list of priorities.