Holiday Property Bond: An Alternative To Timeshare

Bond members may use the points to book rent-free holidays in any of the available properties any time of the year, as long as they have enough points to cover the "points charge" of a particular property, and provided the property is not fully booked. The Holiday Property Bond was launched in 1983 with just one holiday property in the Canary Islands. Twenty five years later the portfolio has grown to include 19 properties in Britain, three in France, two in Spain, Italy and the Canary Islands, and one in Austria, Portugal, Turkey, Madeira and Majorca, so HPB may be said to offer more choice and flexibility than the traditional timeshare model. For many Bondholders, the real value of the Holiday Property Bond lies elsewhere, in providing a life assurance vehicle that allows investors to enjoy holidays in attractive and well-maintained accommodation in a variety of interesting locations. read more

[Tags]holiday, bond, property, hpb, bondholders, points, timeshare[/Tags]