Second Homes Or Vacation Homes

SAPPHIREZ ASSET SOLUTIONS Market for Second Homes

[object Object],Understanding – Vacation Home Vacation Ownership Property owned generally for personal use Timeshare A timeshare is a form of vacation property ownership. The use and costs of running the resort are shared among the owners Vacation Rentals Renting out a furnished apartment or house on a temporary basis to tourists as an alternative to a hotel Vacation Exchange You trade your interval or week for new and different vacation experiences at comparable resorts across the country and around the world

International Demand Drivers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Baby Boomers Interest Rates ,[object Object],Tourism

Vacation Homes-Internationally Source: National Association Of Realtors 2006 Tennis Golf ,[object Object],[object Object],[object Object],[object Object]

Vacation Home Buyers: International Distances between residence & Vacation Home Usually less than 100 miles Size of home : 1000-1500 sqf Average value per sq.ft Source: Economic Realtors Research

US Vacation Home Market ,[object Object],[object Object],[object Object],[object Object],Vacation Home market is growing @ 9.7% worldwide & @ 14% in U.S Along with high growth rates comes heightened competition Brands would soon start at exploiting other geographies 0.05 % 0.08 % 0.10 %

[object Object],[object Object],[object Object],India Vacation Home ,[object Object],[object Object],0.05 % 0.08 % 0.10 %

Indian Luxury Consumer: HNI Disposable income 9 lac p.a Owns D/E segment car Residing in posh localities Average age = 36-40 CWE= Mostly Male Married and has kids 42% live in joint families 35% of wives working 44% traveling abroad for vacation, at least once a year

Affluent Map Of India ,[object Object],Source: Technopark

Vacation Home : Snapshot ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Indian HNI : Primary Target ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

NRI : Secondary Target ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Key Success Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Key Success Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Call Sapphirez: Rajjeet Chandra ,[object Object],[object Object]

Second Homes Or Vacation Homes

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Second Homes Or Vacation Homes