fund iv Tag

If the allure of stunning white sand beaches, warm cerulean water and laidback friendly islands is beckoning you, put the Turks and Caicos Islands (TCI) on your next destination list. Now more than ever, many of us are yearning to travel somewhere beautiful where we can recharge, enjoy time with our family and leave the daily stressors behind. Many destinations are off-limits to visitors due to the pandemic, but the TCI is welcoming U.S. visitors.

As of January 4, 2021, there are no quarantine requirements, lockdowns, or curfews. Visitors aged 10 and older only need to show proof of a negative COVID-19 PCR test within five days of arrival, have medical insurance and answer an online health questionnaire. Restaurants, shops and attractions are open (some with reduced capacity and mask requirements). And unlike many tropical destinations that require several hours in the air and multiple airports, the TCI is a short two to three-hour flight from many airports along the U.S. Eastern Seaboard.

Turks and Caicos

Day One

The TCI beaches are the #1 attraction here, so from either residence, our DMs suggest easing into your stay by simply walking out your door, and you’ll be on a spectacular beach in moments. At either residence, you can settle into a comfortable deck chair next to an infinity pool and admire the beach sand-free— or dig your toes in the sand and take a dip in the warm, crystal-clear tropical ocean. When lunchtime rolls around, choose from several friendly, tasty beachfront restaurants such as Da Conch Shack or Omar’s Beach Hut. Both establishments have tables right on the beach, so no need to change out of your swimsuit!

Since the world’s third-largest barrier reef borders the island chain, our DMs say the TCI’s second-best attraction is its fantastic snorkeling and diving. Spend the afternoon cruising with Caicos Dream Tours and let its friendly, capable crew take you to remote beaches and snorkeling spots — or if fishing is on your agenda, you’ve come to the right spot! The TCI is a renowned bonefish and deep-sea fishing destination. If you happen to visit a few days after the full moon, another option is to book a Glow Worm Sunset Cruise with Sun Charters. Each month this spectacular phenomenon happens when bioluminescent sea worms carry out a mating ritual by swimming in circular patterns about an hour after sunset.

For dinner, our DMs suggests Seven Restaurant’s private dining experience where you can dine on or near the beach — or indulge in their private Tasting Room five-course, paired wine experience. If French/Italian cuisine sounds appealing, head to the Michelin-starred Provence by Eric.

Sea Turtle

Day Two

If you’re interested in learning to scuba dive or you’re already certified, the TCI offers exceptional diving, and our DMs recommend a private charter with Dive Provo. Another option they like is a trip with SNUBA Turks and Caicos, a shallow water diving hybrid between scuba diving and snorkeling. You don’t need a certification or wear cumbersome gear — you can swim among the spectacular sea life as you breathe through a specialized mouthpiece attached to air tanks that float on the surface.

Once your morning adventure ends, it’s time to refuel. For a tasty lunch, look no further than Cocovan’s food truck (run by the fabulous team at Coco Bistro). Sit at one of their outdoor picnic tables as you enjoy their fantastic fish, steak or falafel tacos and “Big Mac” egg rolls. After lunch, explore Provo’s remote wetlands via private kayak tours with Big Blue Collective. They also offer standup paddleboarding trips, kitesurfing and other adventures. For a more relaxed afternoon, lounge by your pool or the beach until it’s time for “sundowners” (sunset cocktails)! For dinner, let The Kissing Fish Catering Co. prepare and serve you a fabulous feast in the comfort of your residence. If you prefer to dine out, this talented group also runs Bay Bistro, a wonderful oceanfront eatery where you can dine at a private table directly on Grace Bay Beach. For late night fun, head to Casablanca Casino and try your luck at blackjack, roulette, poker or slots.

Day Three

Horseback riding is a fun adventure anywhere, and doing a private ride with Provo Ponies offers an extra perk — in addition to a scenic beach ride, their horses love to wade into the ocean! The well-trained, friendly horses carry you safely into the shallow water, allowing you both to cool your legs off a bit. You’ll have worked up an appetite on this unique adventure, so for lunch, our DMs say head to Bugaloos Conch Crawl, a lively beachfront restaurant with daily live entertainment and outdoor games. They even have tables sitting in the shallow, calm water so you can cool your feet as you eat.

After lunch, grab one more chance to admire the TCI’s underwater paradise on your own or take a guided snorkel trip at Coral Gardens, a well-marked snorkel trail just offshore from the Coral Gardens Resort. You’ll likely see gliding sea turtles, scores of tropical fish and maybe even a barracuda. Keep an eye out for Jammin’ Gelato’s ice cream cart that cruises up and down the beach serving delicious, unique flavors. If you’ve had your fill of water adventures, end your third day with a relaxing spa treatment from one of the TCI’s many luxurious spas.

No beach vacation is complete without a sunset cruise, so let Island Vibes Tours take you on a private luxury cruise and sip rum punch, champagne, beer or wine as you watch the glorious sun sink under the horizon. For dinner, our Destination Managers say Coco Bistro is a must. Dine under swaying palms and cozy lighting as you sample some of the TCI’s best local cuisine.

Thompson Cove

Not One, But Two Fantastic Homes

Best of all, you have two fantastic Equity Estates’ residences to choose from — a luxurious four-bedroom penthouse condo and a fabulous six-bedroom private villa. The expansive 4,500-square-foot penthouse overlooks Grace Bay Beach, which frequently lands on “Word’s Best Beaches” lists. Fifteen minutes away sits Thompson Cove, a divine 7,500-square-foot beachfront home boasting six equivalent master suites with private terraces, a splendid infinity pool and vast amounts of living space. We interviewed our Destination Managers, who, along with our Local Hosts, are ready to help you plan a much-needed, fantastic getaway to the TCI’s primary island, Providenciales (aka Provo). To help you get started, here are their suggestions on how to spend three perfect days in this idyllic island paradise.

Equity Estates can help make your visit to the TCI a delightfully unparalleled experience. If you’re already an investor, your Personal Travel Concierge is ready to assist you with arranging a memorable vacation here.

If you would like more information about investing with Equity Estates, please reach out to our Investor Relations team at 404.445.8501 or tap this link to schedule a call.

Prior to launching Equity Estates about 15 years ago, we met with experts in real estate, hospitality, legal, finance, and tax. We had a novel idea – to supersize the friend-share vacation home concept into a Luxury Residence Fund, where residences would be available to investors for personal use and financial benefit upon sale. We wanted to refine our business model and figure out the fairest way to structure this for all investors. One CPA we met with, Steve Gross, had a memorable reaction, “you have a nice little pony there”. I can still hear his words and mutter them out loud when good things happen at Equity Estates. To this day, it still makes me smile.

Never in my wildest dreams did I imagine a global pandemic would lead to our best sales quarter ever. Now, more than ever, we are reaping the fruits of our labor by finding likeminded investors who agree that Equity Estates is the right way to own and enjoy luxury vacation homes. Our offering makes common sense.

Why now? What’s different? I think you can boil it down to two main factors. First, the combination of global uncertainty with highly overvalued stock indices are leading savvy investors to find new ways to diversify their portfolios. Second, we’ve seen an unprecedented level of demand for private vacation homes among affluent travelers. They want a safe place to go.

The Reality Of Overvalued Stocks And Global Uncertainty

You would be hard pressed to pick up a serious financial publication these days without seeing an article on overvaluation. Here are a few that I found in a quick Google search:


With a global pandemic still lurking around, a growing number of people are looking for safer harbors to ride out a possible “tropical depression” in the financial markets. Luxury real estate is proving to be one of the more attractive vehicles for those who can afford it. It is something they can touch, feel, enjoy. The pandemic pulled at our heart strings by pointing out what is most important and how fleeting life can be. Time with loved ones matters. And yes, people still want to vacation and even work with a better view for extended periods of time. If you move to a resort town, eventually, when the pandemic is behind us, you will want to go back for vacations. If you live in a city, you want to get out and relax on a beach.

The catch, of course, is the ongoing cost and effort of owning and maintaining a second, third or fourth residence.

The Appeal Of Private Vacation Homes

COVID-19 has also succeeded in shining a bright spotlight on one of our company’s best features — privately maintained homes that are well-cared for by a discrete group of people. People who love Equity Estates and see the value immediately are the type who prefer the intimacy of our homes over a large resort or hotel. This is what we do best. We take care of private homes and our investors who travel to them. Many of our destinations have team members have been with us for over ten years. They maintain our portfolio homes to our standards.

My 77-year-old mother, a polio survivor, shared stories of being sent to the Poconos, the Jersey shore, and other vacation spots nearby to get out of the big cities for safety. It’s happening now once again. And while I am confident the cities will all rebound, this Equity Estates “little pony” will be scooping up good deals along the way…in the city, in the mountains and on the beaches.

Now Is A Great Time To Join

Six months ago, at the onset of the pandemic, we were nervous as potential investors who had previously committed to Fund IV abruptly changed their mind. Fast forward to today. Nearly all these people have come back, along with significant numbers of new prospective investors. They took the time to learn about our novel approach to owning and sharing homes, including how we care for them over time…especially now.

We would welcome an opportunity to discuss why now is a great time to invest in Equity Estates. Allocating a small amount out of your equities into a diversified portfolio of luxury real estate assets may pay dividends of outstanding experiences and long-term financial return.

There are incentives for any new investor who acts before Monday, December 7, 2020. This includes unlimited travel for $600 per night and delayed annual dues until you are ready to travel.

Call us at 404.445.8501 or click here to schedule an appointment with one of our Investor Relations Team members.

Until next time, safe travels!

Philip Mekelburg
CEO, Equity Estates

 

Why Buy One Vacation Home When You Can Own Dozens?

What motivates a buyer to purchase a second or third home for their vacations? The National Association of Realtors (NAR) Investment and Vacation Home Buyers’ Survey determined that 42% of buyers are looking for a home base for personal vacations and a family retreat, 18% want to make the house their primary residence upon retirement, and 12% bought when a home was priced so competitively that it was “too good to pass up.”

If you’re considering a second home as a vacation residence, are you prepared for all the research, work, and costs (planned and unplanned) that can accompany such a long-term decision? Do you want to visit the same destination, year after year? Do you want to spend the first day of your vacation grocery shopping and getting the home up and running? 

Costs Associated with Second Home Ownership

  • Down payment
  • Ongoing mortgage expenses
  • Property and liability insurance
  • Utilities
  • Landscaping
  • Storm preparations (often at a moment’s notice)
  • Remodeling and refreshes to keep the value of your investment up
  • Cleaning services when the home is occupied and vacant
  • Maintenance and repairs
  • Property taxes
  • Property management
  • Décor and furnishings
  • HOA fees, if applicable
  • Time management of all helpers and vendors

Real Estate as an Investment

Luxury real estate is a strong hedge against inflation and a haven from volatility in the stock market, especially during times of great economic uncertainty. Luxury real estate has shown strong year-over-year growth, and is considered a lower risk, higher reward investment regardless of where we are in the economic cycle. Inflation plays a significant factor as well.

Considering these details and the liquidation timeline for Equity Estates Funds, we believe Equity Estates provides a better alternative to purchasing a second home of your own.

Equity Estates home on Hilton Head Island, South Carolina

Pros of Investment with Equity Estates

  • A diversified real estate investment – we take care of finding, buying, and selling the vacation homes
  • Multi-touch concierge service that will take care of your every need like dinner reservations, private chefs, and pre-arrival grocery shopping
  • Daily housekeeping so everyone can truly relax
  • Best availability in the industry given we underutilize the homes so you can travel when the inspiration strikes
  • A collection of 60+ luxury residences in more than 25 countries so you’re not stuck with just one destination year after year
  • Achieve long-term financial goals
  • A hands-off investment that you can actively enjoy before divestment

Equity Estates Fund shares the actual expenses of owning and maintaining the homes with all the investors evenly. Annual Dues cover these expenses and are typically a quarter of what you’d spend on a vacation home of your own. Plus, there is no surge pricing on using your Equity Estates residences during the holidays. Each investor’s Annual Allotted Nights are usable anywhere in the collection, anytime of the year. These savings are yet another factor in your return on investment. 

Other vacation alternatives rarely include true equity ownership as our fund does, nor do they typically offer one-on-one personalized travel planning and concierge services. Our level of service and attention to detail truly makes traveling to your portfolio of homes both convenient and memorable.

Because we won’t make money on the sale of real estate until you do, you can rest assured that your investment is in skilled hands. We align with our investors and focus on their lifestyle needs and long-term financial goals. When we divest, proceeds are dispersed first to you, until 100% of your initial investment is returned, and then 80% of any appreciation thereafter.

We are real estate buying, property management, and customer service experts, highly experienced in caring for both our investors and the properties in their portfolios.

If you would like to review additional comparisons of Equity Estates to other vacation investment options, see our Comparison page.

Seeking Investors for Fund IV

In these times of stock market volatility, it’s a comfort to know that the luxury real estate market remains rock solid. When the markets rise and fall, we find buying opportunities that provide a return on your investment dollars.

Equity Estates handles every aspect of owning a luxury vacation home for you. Simply enjoy the perfect getaway and figure out where to go next. With close to 15,000 investor vacations under our belt and continued portfolio growth year after year, no other alternative comes close.

Fund IV is currently open to investors and slated to raise ~$50 million. The fund will acquire up to 12 vacation residences. A typical residence is located in a beach, mountain, leisure or city destination convenient to area amenities, attractions, and airports. Residences vary in cost from $2 million to $5 million and range in size from two to six bedrooms and 1,500 to 7,000 square feet.

If you’d like to learn more, please call our Investor Relations team at 404.445.8501 or schedule a time to speak (all times listed are Mountain Time).