Investment
How many Units are available in the
Bravo Fund?
Who are the Bravo Fund's advisers?
How can I get more details?
Why should I register my
interest?
What is the proposed timetable?
How can I receive the Rocksure
Property Bravo Fund Private Placement Memorandum?
Destinations
How were the countries chosen?
What happens if I don’t like
one of the countries?
What is the weather like at the
destinations
The
Properties
What services are provided?
Do you have babysitters /
nannies / chefs etc.?
What is the Average value of
the properties?
How can I be sure that the
properties are up to the standard described?
Will the Properties remain the
same during the life of the Bravo Fund?
What are the duties of the
Adviser?
Booking
How many weeks do I get at the
properties?
How do I book my weeks?
What happens if I don’t have
enough points for my selected week(s)?
Can I give a week to friends or
family?
Can I rent out a week at a
property commercially?
Can I go for less than a week?
Why are some of the weeks
rented out?
How early can I book my weeks?
What happens if the week I want
is not available?
What happens if for some
reason, I can’t take all the weeks at the properties?
Charges
Are there any yearly charges?
Are there any extra charges?
What responsibilities do I have
regarding the properties?
Investment
Who are the Bravo Fund's
advisers?
Promoter - Strutt & Parker Real Estate Financial
Service (SPREFS), which is FSA authorized and regulated
will be promoting the Bravo Fund in the UK.
Lawyers -
The Bravo Fund has appointed Bates, Wells & Braithwaite as UK
lawyers and Walkers as lawyers in the Cayman Islands.
Principal Bankers -
Coutts Channel Islands, Jersey
Accountants -
Grant Thornton, Grand Cayman
How
many Units are available in the Bravo Fund?
There are 40 Units in total.
Destinations
How were the countries
chosen?
The Countries were chosen, after significant research,
partly to
give the Owners a mix of
spring, summer, autumn and winter sunshine,
plus top-class skiing and golf, but mainly with an eye to
the greatest likelihood of increases to property values over
the life of the fund.
What happens if I don’t like
one of the countries?
It can happen! There is no requirement to go to every
property during the lifetime of the Bravo Fund – you may find that
you have a favourite location that you go back to more often
than the others – it is your choice.
What
is the weather like at the destinations
Click on the links below for climate statistics for each location:
Buzios,
Brazil
Phuket, Thailand
Marrakech,
Morocco
Algarve, Portugal
Breckenridge, Colorado, USA
The Adriatic Coast
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The Properties
What services are provided?
The cost of all utilities are included along with a
Housekeeper/Cook who will be available to you during your
stay, maid service as required and a Gardener/pool person.
Do you have babysitters /
nannies / chefs etc.?
Babysitters / Nannies / chefs etc. will be available to book
at extra cost. You may also wish to book other
services such as car hire, transfers from the airport
through Rocksure Property ltd.
What is the Average value of
the properties?
The average value of the properties will be around £1 Million.
How can I be sure that the
properties are up to the standard described?
The Value of the properties is an indication of the standard
and the photographs and descriptions on the web site are all
of properties purchased by the Rocksure Property Alpha Fund
with an average value of £800,000.
Will the Properties remain
the same during the life of the Bravo Fund?
The Properties are likely to remain the same during the life
of the Bravo Fund but there may be an instance where it makes
financial sense to sell a property (for example if an
outstanding offer is received for a particular property).
In that case, another similar property would be purchased in
the same location.
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Finding out more
How can I get more details?
By
registering your
interest now, we will be able to give you more details on
the Bravo Fund.
Why should I register my
interest?
Once you are registered, we will be able to send you further
details. Registering your interest does not
constitute any commitment from you to invest.
What is the proposed timetable?
The Bravo Fund had its First Closing in July 2008 and has
purchased properties in Breckenridge, Marrakech, the
Algarve, Croatia and Phuket.
How can I receive the Rocksure Property Bravo Fund Private
Placement Memorandum?
To comply with FSA rules, we need to receive a completed
Certified High Net Worth form before Strutt & Parker Real
Estate Financial Service can send you a copy of the
Private Placement Memorandum.
Click here to download a copy of the Certified High Net Worth form.
Please fill out and sign the form and initial the first page
and send it back to Rocksure Property, The Old Brewery,
Priory Lane, Burford, Oxon OX18 4SG
(The form is saved in Adobe PDF format - you may need to
download a free copy of Adobe PDF Reader to view this; to do
so now foll0w this link -
http://www.adobe.com/uk/products/acrobat/readermain.html
)
What are the duties of the
Adviser?
Rocksure Property Ltd. will be responsible for the following
-
Finding and negotiating the purchase of the Properties,
dealing with the lawyers, contracts etc.
-
Furnishing the Properties
-
Renovating parts of the Properties if required
-
Installing state of the art entertainment systems
-
Finding and managing the staff at the properties
-
Arranging the payment of Utilities and local taxes
-
Annual Maintenance of the Properties
-
Providing a booking system for the Investors
-
Renting out the weeks not utilised by the Investors
-
Selling the Properties at the end of the term.
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Booking
How many weeks do I get at
the properties?
Each Investor holding 1 Unit will receive an average of up
to 4 weeks at the properties – this is made up of an average
of 2 High season weeks and 2 Mid season
weeks.
How do I book my weeks?
There will be a web site which will allow you to book your
weeks and see the availability at each of the properties.
Because the properties are likely to vary in value and
rental worth, each Investor will receive "Rocksure
Pounds" equivalent to the average rental value of the
properties of 2 High Season Weeks and 2 Mid season
weeks. This will mean that should you wish to stay at a
cheaper property (in Brazil, say), you will be able to have
more weeks there compared to a more expensive property.
What happens if I don’t have
enough
"Rocksure Pounds"
for my selected week(s)?
Further "Rocksure Pounds" can be purchased and the revenue
goes directly into the Property Fund.
Can I give a week to friends
or family?
Yes, there are no restrictions on who you give your week(s)
to. You do, however, retain the responsibility for any
damage caused to the property during the period that your
friends/family are in residence.
Can I rent out a week at a
property commercially?
Yes, although we do ask that you rent the week(s) through us
so that we can ensure the proper legal agreements, deposits
etc. are in place.
Can I go for less than a
week?
Most properties are structured on a weekly basis. You
can go for less than a week but the number of "Rocksure
Pounds" would be the same as a whole week.
Why are some of the weeks
rented out?
Some of the weeks at the properties are rented to help cover
the costs of staffing, utilities, annual maintenance and
taxes.
How early can I book my
weeks?
The investors will have priority in booking weeks at the
properties and this will be available up to a year ahead.
What happens if the week I
want is not available?
It may happen that another Investor has booked a week at a
particular property that you want but the total number of
weeks allocated to the Investors represents only 51% of the
total weeks at the properties, so there should be plenty of
available space – there is a priority system for peak and
high seasons weeks for bookings between 1 year and 9 months
out, to ensure fairness between investors.
What happens if for some
reason, I can’t take all the weeks at the property?
Your entitlement can be rolled forward to the following year
and can be used for low, and mid seasons. In
instances of force majeure (where travel to a particular
destination(s) is severely curtailed) when this would have
to be reviewed.
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Charges
Are there any yearly charges?
There is a small annual management and maintenance charge to help
cover the costs of running the properties: This is £1,800 per unit in 2009, but it is
linked to the success of the rental programme – there could
be a small adjustment, up or down.
Are there any extra charges?
No other charges are anticipated during the lifetime of the
Bravo Fund.
What responsibilities do I
have regarding the properties?
The beauty of the concept is that Rocksure Property Ltd. has
the responsibility for looking after the properties
including all staffing, annual maintenance and utilities.
All you need to do is sit back and enjoy your properties.
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