As the fastest growing segment of the luxury vacation home industry, Private Residence Clubs flourished on an international scale. Things changed dramatically in 2008 when the economic downtown caused individuals started to question the real estate investment value of a Private Residence Club purchase. They were reluctant to spend $300,000+ on a lifetime of vacations with little residual real estate value.
Spring Creek Partners is reshaping the Private Residence Club industry by re-emphasizing the investment value of a Private Residence Club purchase. Through a combination of unique pricing, reduced HOA fees, select user fees, updated project documentation, targeted sales training, investment based marketing programs and innovative reservations systems, potential purchasers now can feel confident that their Private Residence Club purchase will truly replicate the investment attributes of a full ownership vacation home purchase.