|Initial Capital Contribution (range)||$550,000 - $950,000|
|Annual Dues (range)||$12,000 - $17,000|
|% Membership Refundable||Equity|
|Refund Basis||1 in 1 out|
|# of homes||155+|
|# of locations||50+|
|Average Value||$2.0m - $4.0m|
|Investors per Home||4.2:1|
|Number of investors||700+|
|% Homes owned||100%|
If you're seriously considering joining a destination club or residence fund then download "Destination Clubs: A Guide for Prospective Members". We do ask you to register prior to downloading it. The Guide will give you an in-depth view of the different funds and clubs including their homes, services and questions to consider prior to joining.
21-5 gathers together groups of 21 families who collectively invest in 5 vacation homes. The investor members are owners of the company that owns the club homes. So in addition to enjoying the homes for their vacations, the investors can also benefit if the value of the homes increases.
21-5 first launched in Scandinavia and has bought over 150 homes for 700 families. According to 21-5, 97.2% of their members would recommend 21-5 to their family and friends.
21-5 is now launching in North America with Associations in Canada and the USA. One Association in the USA - USA Large - is planning to buy five $2m homes in Cape Cod, West Palm Beach, Vail Valley, US Virgin Islands and Stowe, VT. The second USA Association - USA Grande - is planning to buy five $4m homes in Marthas Vineyard, West Palm Beach, Vail Valley, US Virgin Islands, and Stowe. In Canada, the Large is looking at Hawaii, Whistler, Tofino, Palm Springs and Okanagan Valley and Canada Grande plans to buy in Hawaii, Whistler, Palm Springs, New York City and Okanagan Valley.
With just 21 members for 5 homes, it means that each family can potentially have 12 weeks of vacation time each year, or can share this time with friends and family. Members can also exchange time with other Associations, enabling North American members to visit any of the homes throughout Europe.