Pictured above: Linthwaite House, Lake District, England
GoldenYearsHolidays.com is a UK-based destination club exclusively for the over 50s.
It features a portfolio of (23) properties in 14 different countries, mostly in Europe. Properties are typically 2 or 3-bedroom based in a development with many facilities.
The club offers a variety of extras when you stay at one of their properties, generally:
? Chauffeured transfers
? Chaperon
? Daily maid service
? Quality Motor Car
? Telephone
? Golf (only applicable with Golf Membership upgrade option)
There is the chance to try out the club’s properties by joining as an associate member for a small fee (currently ?150) and then paying for holidays as you take them.
The club offers a percentage of your money back (to be stated when you join) in the event of your resigning or on death. This amount is not specified in general, which is a shame.
It scores over more luxurious destination clubs in that it doesn’t have a large annual fee (currently it is only ?117.50 and index-linked).
Life members can use the club’s properties (as the name suggests!) for life, and the one-off membership costs quoted vary depending on your age when you join and the number of days useage:
7 days per annum joining at age 50 – ?24,236
7 days per annum joining at age 68 – ?14,438
21 days per annum joining at age 50 – ?62,543
21 days per annum joining at age 68 – ?37,249
This is obviously not a financial investment (destination clubs almost never are) and its value to you would depend on the attractiveness of the resort portfolio and the services offered. We would suggest trying out the associate membership if you are interested.
For contact details and much more information see www.goldenyearsholidays.com
Tags: destination clubs, Fractional Company Information, fractional ownership, fractional UK
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