If you have been looking out for the right opportunity to park your cash in a real estate deal then you’d be delighted to that Lifestyle Asset Group has launched PortfoiloOne LLC which offers equity interest in luxurious vacation homes across several destinations. The equity interest will be offered in 12 multimillion-dollar vacation homes in all sorts of places from sandy beaches to snowy mountains. The company is offering just 100 positions until the February 28, 2012 closing and PortfolioOne will offer the exclusive use of luxury homes in multiple locations at a per-night cost close to what you’d ordinarily pay for staying in a single hotel room.
PortfolioOne’s business strategy calls for making deals in cash thus withdrawing all risks attached with debt thus helping them survive in the present times of economic turbulence. Also their exit strategy is innovative and clear wherein they disburse the proceeds to owners at the divestiture process. The company executives concede that they are looking to serve people who have an indisputable want to travel to multiple destinations with seamless travel while also satisfying a sort of nomadic travel interest. They intend to appeal to those folks who are interested in in fractional ownership but offer a risk free model.
If you wish to get into the deal, the company needs a a fully refundable $10,000 deposit to guarantee one of the 100 positions that are available. this price includes immediate access to four luxury homes, each valued at approximately $2.2 million: a four-bedroom, 4,770-square-foot Antebellum mansion in Charleston, S.C.; a five-bedroom, tropical residence in the Caletón Estates in Cap Cana; a four-bedroom villa overlooking the Ocean Course in the Cabo de Sol premier residential community in Cabo San Lucas, Mexico; and the five-bedroom, 6,700-square-foot Blue Sky Lodge in Deer Valley, Utah.