(Including a DIS and RIRS shares breakdown). Venue TBC. (60% share availability remaining, Max share size 49%). Hence this syndicate opportunity. So a win win acquisition. The 25% deposit is already sourced.
2,000.00£ 0 bids
Item | 155103242447![]() |
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Seller |
themedsyndicate ( 93 ⭐ ) 100.0% Location: Northampton, GB Accept Payments With |
Shipping | See shipping cost, Ships to United Kingdom |
Guarantee | eBay Money Back Guarantee |
Condition | See Photos 1 & 2 for Syndicate Member Owned IPs listed on Booking.com. THE MED SYNDICATE NOW HAS 16 UK BASED INVESTOR MEMBERS WITH ONLY 8 MEMBERSHIP PLACES OF THE POLICY MAX 24 REMAINING. ONLY THOSE SERIOUS ABOUT INVESTMENT AND SYNDICATE MEMBERSHIP NEED APPLY!! This is NOT Timeshare!!!, but REAL ownership, vastly superior and couldn't be more uniquely different!!!! - ASK THE MEMBERS. See the item description for how distinctly different!- Minimum initial investment now set at £2000 having reached the 16 investor member milestone. - See Slide Video: https://www.youtube.com/watch?v=p7Sv5f28BaY - Note: needs updating. |
Provide With | Balcony, Double Glazed, Elevator, Entryphone, Fitted Kitchen, Outdoor Parking, Swimming Pool |
Number of Bedrooms | 1 to 3 |
Property Content (m³) | 45-90 |
Radius | 5 mins walk to town and 8 mins to beach |
Number of Bathrooms | 1 or 2 |
Continent | Europe |
Living Area (m²) | 40-80 |
Sort By | For Sale |
Kitchen Facilities | Oven, Fridge, Microwave, Full kitchens, All mod cons |
Private / Estate agent | Private |
Property Type | Apartment |
Building Feature | Apartment blocks with pool etc |
Construction Year | Various Projects from 1990-2005 |
Location | Costa Blanca, Calida, Del Sol etc |
Country | Spain |
The primary benefit of timeshare ownership is the right to use a vacation home for the same week or two every year without being required to make reservations. That's it!!
Med syndicate member ownership is a method of property purchase involving several member investor buyers, typically 4-8. Each owner holds a % share actual ownership of the property based on the investment contribution made. Members have a % ownership share in the IP asset which reflects the investment made. When members sell a share in an IP they receive the market value for that share. Med syndicate member ownership allows discounted personal usage access to any IP for 1-52 weeks a year, subject to booking availability.
Timeshare limits access to the property to one to two weeks per year. Be extremely careful with Timeshare contracts and there small print!
Equity and Investment Value
With Med syndicate ownership, the member owns a % share of the equity in a valuable asset based on the amount of investment made. As the value of the property appreciates, the value of the members equity share also appreciates. A net capital gain is realized should the member sell his/her share or the group of member owners decide to sell the entire property. As a result, lending institutions view the Med syndicate ownership model as a much securer and valuable investment than a risky limited timeshare and are more willing to finance a purchase to such a model. Although the Med syndicate do not use financing and members purchase IPs outright.
Timeshare ownership only entitles the buyer to occupy for a week or two per year. No benefit is realized from a change in the value of the actual property. The property title is 100% owned by the independent principal owner. In fact, timeshare values tend to decrease over time; therefore lending institutions are extremely reluctant to issue mortgages. Since they are considered a much higher risk, any financing available tends to be more expensive with much higher interest rates.
Also with Timeshare, maintenance fees increase with time. This makes a timeshare resale very difficult and almost impossible in many cases. In past years there have been cases in which an owner has offered to give away a timeshare for free because of the monthly maintenance fees.
With the Med syndicate member owners are not impacted by monthly fees and they benefit from equity growth and annual rental income returns whilst watching their equity grow. There are no maintenance fees and all running costs are catered for from the gross rental income.
The Med Syndicate model is a unique model developed in 2015! See member testimonials below.
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Syndicate Managers Perspective - Why are we so unique and vastly different?
Why are there no flexible property investment models available that can actually benefit all stakeholders in the property acquisition process for small to medium investors, many of whom cannot purchase residential investment property (IP's) outright, who prefer to spread their investment risk or who either cant obtain or do not want to be burdened by a mortgage. But there is, and its been operating/growing since June 2015 and has built up a investment property portfolio for its investors, its just not mainstream, yet! Is there a model in the investment property market that1. enables small to medium investors to flexibly source property investment funds2 allows investors to increase their investment in a particular property overtime3 does not require membership or investment fees4 pays no salaries on anyone managing the property investment5 realises equity growth prior to completion and in some case generates rental income prior to completion6 utilises investor funds pooling to acquire investment properties ensuring fairness in share allocation7 is beneficial to the seller, agent and buyer alike 8 gives the seller timely peace of mind knowing they have secured a sale9 offers agents another option to sellers who need a quick sale do not need a quick completion 10 offers investors personal usage benefits of investment properties
11 makes the investor feel part of the team who’s opinion is of value
12 enables investors to vote on key issues relative to their investmentsThe answer to the above question is obviously NO, if you didn't know any different!Is this because all mainstream property investment models are in some way stacked against the small to medium investor. And maybe it is time for change and more transparency where the investors are more in control, particularly in relation to formulating budgets, selecting IP's and where pooling of investment funds is concerned.TracyTMS Manager
---------------------------------------------------------------------------------------------------------------------------------------------------------------------Please also take a look at our IP3 and IP4 Land Villa with Pool Development Investment listing If you wish to rent a Med Syndicate Torrevieja Apartment then see one of our item listings which list the apartments or search for syndicate member owned apartments on Booking.comSee The Med Syndicate's Slide Video on how unique we are and for our process model(just copy this link to your browser): https://www.youtube.com/watch?v=p7Sv5f28BaYImportant Notice: The next annual casual Med Syndicate membership meeting scheduled for a Sunday at the end of June 2022. may not go ahead this year. The meeting is held at a pub/restaurant venue just off the M1 between junctions 15 - 22. Potential investors are welcome to come along and engage with existing members prior to syndicate membership registration.Engage with our membership either in person, by phone or email prior to deciding on whether to join us and you will be Enlightened, Encouraged, Enthused and Excited about becoming a part of our ad / venture, and our unique investment/purchase model which benefits all stakeholders!!!The syndicate operates a unique mutually beneficial shareholder and stakeholder value centric model! To buy/own shares in the syndicates Costa Investment Property Apartments (IP's) you don't need to have large amounts of money in the bank, all you need is the initial membership investment of 2000 upon registration. Increasing your ownership share of an IP or IP's can be done over a 3-6-12-18 month period by sourcing funds has your cash flow permits, subject to remaining share availability. You might like to take a 3000, 5000, 10000 or 20000 share of an IP and you can do that by sourcing funds periodically. Our very flexible investment and purchase model is designed to also help those who don't have lots of spare cash hanging around but can acquire funds over time using their income or other sources, e.g. over a year or 2. One of our members started with an initial investment of 1000 and over a 4 year period has now accumulated almost 20,000 worth of ownership shares in a number of IP's.And don't forget the personal usage discounts & benefits relative to apartment share ownership!!!-------------------------------------------------------------------------------------------------------------------------------------------------------------If you are just interested in renting (long or short term) one of our syndicate member owned apartments then just send a message or email to [email protected] - See item ????? - Not currently listed. Some of The Med Syndicate's member owned apartments can be found advertised for rent on Booking.com and we use the same naming convention for all Syndicate Rental Properties which is as follows: "Apartment Name Med Syndicate (#)" # = IP Number. Syndicate holiday or long stay rental Apartments are, Priests Beach (Haberneras) Torrevieja, Cottage Martos Andalucian (Finca), Santa Cecilia Plaza, Rojales, Nations Park, Nations Park East, Studio Sea View and Acequion Beach Torrevieja.-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Members & Immediate Family IP Usage Discounts For actual investing member stays and immediate family e.g. spouses and children where the member holds a share in the IP the discount its 50%.As an investment example in an Apartment IP. Invest 15000 of a full cost acquisition of 75000 = 20% ownership share. Projected annual rental income return of 4-6% = annual Gross ROI of 600- 900.---------------------------------------------------------------------------------------------------------------------------------------------------------Note: The classified Ad price specified is the minimum amount of investment ( 2000) required in the current Investment Property/Properties (IP/s) to become a syndicate investor member. The actual amount over and above the minimum a new investor member wishes or is able to invest in an IP is basically up to them! And new members can increase their investment in an IP subject to remaining ownership % share availability. No fees, no commissions, no watered down returns! You own and receive returns on what you invest. If you invest 2000 in an IP then you own the equivalent % share of that IP and receive that % share of rental income!! NOTE: It is possible to source your initial investment funds of 2000 over a 3 month period in minimum amounts of 500. This is to aid the smaller investor members. Now 15 members. Maximum is 24+1. Request a copy the syndicates question and answer sheet to help with any queries you may have. Don't go and wait until we have reached our final ceiling membership number policy of 20+1 or 24+1 absolute maximum and then regret for the rest of your life that you didn't join us in 2020!!!----------------------------------------------------------------------------------------------------------------------------------------------------------------- See The Med Syndicate's You Tube Video (just copy the link to your browser): https://www.youtube.com/watch?v=p7Sv5f28BaY Please read the full description details below to fully appreciate the opportunity, The Med Syndicate's progress and why you (serious small to medium investors) should get on board! And in particular read the statement down below recently provided by our newest member (TMS10) who is himself an Accountant!!!! IP9 - See first 2 images. 2 Bed apartment 200m from beach. IP9 shares approx. 1500 = 2% Share, 3750 = 5% Share, 7500 = 10% Share, 15000 = 20% Share, 18750 = 25% Share. + Personal Usage and Investment Bonus Benefits!IP7 2 bed & IP8 no longer have any remaining ownership share availability, sorry.Also see image of the syndicates Investment Growth Timeline Barometer Chart V1.0 (June 2015 - December 2022) which depicts The Med Syndicates progress and growth since June 2015 with a projection through to December 2022!Nations Park Apartment Torrevieja - IP6 Rental Occupancy = Jun - Aug 19 was 80% & Jul - Aug 19 was 87% with a 4-6% RIO for 2019. Latest: Here is an actual example of a syndicate member ROI for IP6 for 2019. One of our members invested 14000 in IP6 resulting in a 26% ownership share of IP6 and a first year in operation net rental income return of 560 for Apr-Sept 2019. Members decide in Dec each year whether to reinvest that rental income into the next IP or take the rental income in Jan. Please be aware that the minimum initial investment commitment required to take up membership following a membership vote has now been reduced to 1000. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- FYI - IP6 1 bed 2nd floor Torrevieja apartment which can actually sleep 4/6 with balcony over looking the pool some 20m away, so ideal for watching the kids (only 8-10 mins walk to the Marina, blue flag beaches and the town centre) is now available as a guest vacation rental. catering for all the possible needs of guests. Service includes Smart Sat TV to lounge and bedroom, Aircon, WIFI, a very comprehensive 40 page guest information Welcome Pack about the apartment and things to do in and around Torrevieja, etc. along with things to help occupy the kids like colouring books, crayons, paints,etc, complimentary snacks, refreshments and a bottle of wine to greet you upon arrival, all designed to help ensure you have a most comfortable and enjoyable stay. Book early. Repeat vacation rental customers are entitled to a 10% discount on any future Med Syndicate vacation rentals. Note: 10% discount for stays of 4 weeks or more. The Med Syndicate (IP6) apartment is now rental operational and the first feedback score we received was a 10 & third a 9.6 = "Exceptional". Was almost fully booked up for the summer 2019! --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- **** It is advised that interested investors make contact and connect with the membership as you might just like what you glean from that. In the words of another existing member “you just have to take a leap of faith and I wish I had been in from the beginning”. We have a very happy and committed membership who have watched the syndicate and its portfolio and their IP ownership shares grow. And now watch their rental income returns come in. Another member thinks, “Its interesting and exciting to be part of such a venture where your input is welcome and as equally valid as fellow members”. - Uncertain!!! Got the courage!!! - Then talk to the members!!!!!!!! - I am sure that will focus your mind and clear up any doubts you may have!!!! Our unique syndicate and acquisition model which we introduced to Spain in 2016 operates for and on behalf of the Membership whilst being beneficial to sellers and agents alike!!!!!--------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Verifiable Syndicate Member Reviews & Feedback about IP6 after a weeks stay in April. Note that we are scoring 10's from some of our guests on Booking.comDear all members, As you are already aware my long term partner Hilary and I have just spent a week in IP6, the apartment in Torrevieja and would like to share our experience with Med Syndicate members. Tracy kindly met us on arrival and it was nice for me to put a face to the name. His enthusiasm and knowledge of the Spanish market are apparent as soon as you meet him. I only became a member during the third quarter last year after taking early retirement in January 2018. I happened upon the Med Syndicate via the listing on eBay and although somewhat initially skeptical (given the amount of dodgy looking adverts on the web in general) I decided to give it a go. I’m so glad I did as we have just spent a thoroughly enjoyable week in IP6. The apartment is well located close to the port and beach and opposite the beautifully kept Park of Nations (good for a jog or walk to start the day). The apartment layout works perfectly either for a couple or family of up to 5 people. Tracy has thought of virtually everything you could ever wish to need and I urge members to try it out for themselves. You won’t be disappointed.As I member I paid 20 per day which has to be the best value week we have had in a long time. The holiday season in Torrevieja is of a good length so whether your after a short break in the sun early in the year or a week by the pool in peak season (which the apartment overlooks) the apartment is a good option. It has strengthened my belief in the Med Syndicate and I look forward to other IP’s coming to fruition. To summarise.....In our opinion the apartment should rent out easily, was an excellent purchase and should give members a decent return over the coming years both as an investment and for rental returns. I believe the Med Syndicate model to be unique in what it has to offer investor members. The property growth curve in Spain is still at a young stage and offers many different options to investors whatever your own reasons for investing may be. Well done Tracy, your doing a cracking job !
Hi All, I hope you are all well?
And have enjoyed the brilliant sunshine over the Easter weekend here in the UK, unlike Torrevieja, which on the day I left the torrential rain started to fall. I arrived in Spain on Monday with my good lady Shelly. to be meet my Tracy after a year of conversing via emails, we at last meet, What a brilliant way to start the break Tracy is the most genuine, kind-hearted, helpful, trustworthy person, I have met in a long time, adorning his 118 118 moustache, I couldn't help sport him straight away. After a chat in his car on the way to IP6, Tracy's passion and enthusiasm for the Med Syndicate was shown through,any niggling doubts i ever had where gone the moment i meet him. The Apartment felt warm and welcoming, and nearly every thing you may need was there except drinks coasters, and a shoulder blanket for the balcony table. (all of which turned up during our stay), the table which i might just point out was a good choice from the two Paul's, was brilliant for morning croissants. (The cornflakes went untouched.) The apartment is in a brilliant position, its a 10-15 minute walk to the main plaza, where you could enjoy the evening with a couple of beers (or was it more Tracy). it was brilliant to go for a morning run around the Park just opposite the Apartment, and a stroll in the afternoon watching the ducks and chickens, The Roof top and Pool are accessible via a key fob this took 3 days to work out , but you can get your bearings from the roof top and even enjoy a relaxing sun bath on the portable chairs on the balcony. and the pool was so cold, but still went for a swim. Word of warning please do not look over the roof wall facing the park , you might see more than you want.I would recommend you all to stay for a few days, i some times wonder, all though a brilliant holiday apartment, would it be better to make a regular income all year around to rent the apartment to a Spanish family, this would help grow the syndicate pot a little quicker, (thoughts Tracy)
I'm truly Blessed to be apart of this amazing adventure.
Regards, Paul TMS6
Return on IP Investment:
4-6% Return on Investment Per Annum, Equity Share Value Growth and Membership IP Personal Usage Benefit Discounts
See potential average rental income earnings table below.
Members can get access to part or all of their investment in an IP after a period of 2 years by selling it to other members at current value
- Retaining a share (minimum 1%) in an IP or in each IP you have invested in enables you to retain syndicate membership, thus able to invest in future IP's
- By retaining a minimum of 1% in an IP you will continue to receive rental income for the retained share.
Note:There is approximately 30% availability in IP7 2 bed with pool 15m up the corridor, 8 mins to beach and marina and 50% available in IP8 & IP9. Be timely if you wish to secure a share of IP7.
There is 80% share availability in IP3 Pinoso land Villa with Pool Development
There is 100% share availability in IP10
See down below the verifiable statements made by current syndicate members:
New Members Welcome!! Only 12 membership places remaining under current syndicate policy! So why not inquire today, you might just like what you discover. The syndicate now has 12 members (3 females & 9 males, with 1 pending) having added five new members in the last 12 months and is aiming to increase its membership to 24 by end of 2022. Interested potential new investor members will be able to connect with existing members prior to membership registration (signing of the Syndicate Membership Agreement - SMA) and transfer of any initial investment funds. A recent new member (TMS07) just prior to her registration after reviewing syndicate documentation and liaising with existing members said in her own words "I'm happy with everything". She has now already invested in shares in IP5, IP6< IP7, IP8 and has committed to invest in IP9. Another recent new member TMS08 has already invested in IP5, IP6, IP7, IP8 & IP9 having taken a 25%+ share in IP6. TMS09 has already made a small investment in IP7 & IP8. Existing members have already taken up the share ownership availability in IP8. So no shares available. Note: that there are no membership subscription fees and the Syndicate Manager, himself is an investing member takes no salary or income whatsoever from the syndicate member investment funds! All monies invested by members go directly in to IP purchases. We operate a purchasing model which enables us to keep all costs down to a minimum and facilitates periodic investment fund sourcing to suit different members cash flow circumstances.
Wouldn't you like to be part of an exciting mutually beneficial syndicate ad/venture whilst building a personal portfolio of FREEHOLD ownership shares in Spanish Costa apartment property and realise steady equity growth and rental income returns proportional to the % share you have in a/each Investment Property (IP)? And also enjoy discounted IP personal usage benefits. Then join The Med Syndicate and become one of the team. (www.themedsyndicate.com). Contact details are also at the foot of this description.
So why are investors large and small taking up Med Syndicate membership?
- a savings scheme due to poor interest rates in the UK - a cost effective holiday options (different IP's in different locations) - a medium to long term investment- an investment where every penny submitted is exactly what is invested- an income generator with the option to reinvest that income in subsequent IP's- as part of a larger portfolio to spread risk- a bit of a gamble that might just reap rewards - a new exciting project they can watch grow and benefit from- a project whereby one can spread the risk across many IP’s (Performance Balancing)- a project with free membership and no investment fees- syndicate exists solely for the benefit of the membership- syndicate members are a team supporting each other to achieve a shared Goal- a new and interesting IP purchasing model which caters for all investors & sellers- a positive property market at the base of a projected steady 10 year growth curveNew Investing Member Free % Bonus Share Incentive for eBayers:
Investing in over 9% of an IP Apartment qualifies you for a 0.5% free share of the current IP/s for new investing members!! So if you joined the syndicate and initially invested in a 9.5% ownership share of an apartment you would have a 10% share of that IP Apartment!! Investing in over 19.9% of an IP Apartment qualifies you for a 1.0% free share of the current IP/s for new investing members!!Examples of Average Rental Income Potential Based on Owned Share %:
Investment In IP7 2 Bed
Ownership Share %
Weekly Rent Base
WeeklyRent Peak
AverageRental Income
Rental Earnings Per Week
PerMonth
AnnualOccupancy (Wks)
AnnualRental Income
AnnualOccupancy (Wks)
AnnualRental Income
1120
2%
300
360
330
6.60
28.60
12
79.2
20
132
2800
5%
300
360
330
16.50
71.50
12
198
20
330
5600
10%
300
360
330
33.00
143.00
12
396
20
660
11200
20%
300
360
330
66.00
286.00
12
792
20
1320
14000
25%
300
360
330
82.50
357.50
12
990
20
1650
19600
30%
300
360
330
99.00
429.00
12
1188
20
1980
Current IP's with ownership shares available:
Note: There are no ownership shares available in IP's1 to 6, & 8 which are already owned by existing members. Apart from IP3 & IP4 which are plots of mountain view land very close to Pinoso. The syndicate will be adding a Villa & Pool to IP3 and shortly planning permission will be applied for (80% still available). Any investment into IP3 Planning and/or Development will be factored over the 3 phases, Land acquisition (already completed with the initial investment of 5 members), Planning Permission/Build License and Development/Construction. Similarly IP4 will have a chalet/mobile home added to the land. Both will become good investment rentals.
IP3 & IP4 Villa pool dev. on land already acquired with development of Villa pending - 80% availability - factoring used to ensure overall final shares.
Nations Park East Apartment - IP7 2 bed apartment with pool 15m up the corridor - approx. No shares available.
Studio Sea View Apartment - IP8 1 Bed Studio (sleep 4) Sea snd Pools view from balcony - No remaining share availability. All taken up in a matter of 2 weeks. Acquired for a great price some 15k or so less than the 2002 purchase price.
Acequion Beach Apartment - IP9 No availability. & IP10 2 bed 400m beach - approx. 20% availability. IP11 (2022) 90% availability
Smaller shares are available subject to a minimum initial investment of 2000 per IP which one can add to over the period of long completion.
What is Shared Ownership?
Own FREEHOLD Spanish Property on the Med at a Fraction of the Cost
Now you can own your own investment properties (IP's) in Spain at a fraction of the cost. Med syndicate shared ownership allows you to buy a share in a property with fellow investors (syndicate members) by pooling investment funds. Unlike timeshare, you and the people you jointly purchase the IP with are the legal owners of the property. And your % share is reflected in the amount you choose to invest in an IP. Shared or fractional ownership of property abroad is becoming increasingly popular for UK and European buyers. A share in an IP grants you a percentage ownership of that property in co ownership with other investing syndicate members. All legally documented and protected.
The Med Syndicate was established by a group of friends and professional associates in June 2015. There are many potential small investors who are not able to purchase a property in the med sun of their own outright but can now do so jointly with other like-minded small investors via the Med Syndicate. A simple low cost example of an IP purchase would be as follows:-
An IP Apartment purchase with all in costs including legals and taxes = 50000
5 members opt to invest in the IP
1 member invests 20000 which results in a 40% share of the apartment
2 members Invest 10000 each which results in a 20% share each of the apartment
1 member invests 8000 which results in a 16% share of the apartment
1 member invests 2000 which results in a 4% share of the apartment
= 100%
Rental income returns are proportional to the % share a member has of an IP apartment.
So, if the rental income earned in one year was 5000 the member with a 20% share would be entitled to 1250 of the rental income generated. Whilst they watch their share of equity grow in value and particularly now because the Spanish Property Market is at the base of a projected steady 10+ year growth curve!
Members can choose to sell any shares they have in an IP after a period of 2 years if they so wish. Obviously the longer the member holds onto the share the greater the benefit later and the greater the rental income received over the period of ownership.The typical cost of 1 full share in an IP is between 6000- 10000. The minimum investment required to take up membership is 2000 per IP which would be an investment in the current IP/s. Multiple shares are available in an IP up to a maximum share of 49.5%. Half of a full share and smaller shares may also be available upon request subject to a minimum of 2000 per new member. Members are able to top up their investments periodically (month by month, quarter by quarter etc) if this better supports their investment funds mustering process. e.g. in sums of 2000, 1000, 500 or 300 etc. Whatever the new member can muster to add to their investment. And one of the purchasing models we use (long completions) support this funding model. All funds invested/transferred are fully receipted!
The Med Syndicate now has 10 members (2 Female & 8 Male) with 1 pending, the latest member (TMS10 - P***r) as of July 2019 is an accountant who lives in Lancashire. The syndicate is looking to expand its membership initially to a maximum of 12 as per syndicate policy to give the syndicate more purchasing power so it is able to acquire more and better IP's sooner, thus realise greater equity growth and rental income returns sooner. However, the final membership number will be restricted to a ceiling yet to be determined and is likely never to be greater than 24+1!!
All funds sourced for the next IP/s by investor members go directly into the purchase pot for that IP. There are no fees or any salary paid to anyone in or outside of the syndicate associated with the acquisition of IP's! I the Syndicate Manager & Founder and investor member run the syndicate in the interest of the membership in helping all to mutually benefit from our ad/venture.
The syndicate currently has 15 members and their verifiable statements below convey what they think about The Med Syndicate:-
Syndicate Manager - Retired Chartered Engineer - based in Northampton & Torrevieja Spain – 'The syndicate has introduced a new (low running cost, every member penny invested goes into acquisitions) IP purchasing model to the Mediterranean which is starting to get the attention of some sellers, agents & other syndicate conveyance contacts. The syndicate model is proving mutually beneficial to all sides (depending on their circumstances and requirements) and particularly to its investor members who wouldn’t ordinarily be able to own their own IP's outright but can now own shares of and realize rental income from those IP’s Not all investors are wealthy and by pooling members investment funds enables the mutually beneficial development of a shared ownership and rental income IP portfolio for members that they can watch grow whilst enjoying additional membership benefits along the way. That which is a dream for so many is now a possibility not so far from their grasp! A share of a dream which generates income with personal usage benefits is an exciting prospect for many, but... You need to be in it to win it!'
A simple perspective: If you were friendly with 10 neighbours on your street and they all had a dream of a place in the sun but none were able to purchase an IP in the sun outright to enjoy and benefit from, yet each of them had savings of 5K upwards sat in the bank earning low interest. The share of that dream could be had by all if they could only syndicate! Which is better? It remains a dream for all or all have a share of the dream and the benefits.
Alarms Systems Engineer - based in Northampton – ‘Med Syndicate works for me, enabling me to invest small amounts just now which I can increase later. The low minimum of 1000 investment in an investment property is a great idea for the smaller investor and for those who want to just get on board so as to not miss out on other benefits. Like the idea that one can add to ones investment in a property as long as there is a share remaining. There are no joining subscription or investment fees and the syndicate is run solely for the benefit of the membership. It also enables one to source funds as and when ones income comes in! Just great. One can also choose to re-invest ones rental income earnings into other investment properties which is a nice option to have. Without the Med Syndicate I would never have been able to get on the Med property share ladder for years, if ever. Excited about the syndicates future and intend to invest what I can when I can. Go for it!!’ Entrepreneur/Property Investor - based in Tunbridge Wells –'Recognizing and utilizing the power of a group of people as opposed to the individual, the Med Syndicate gives anyone the opportunity to invest in the Spanish property market, a viable alternative to a lot of the other options currently available.'
Network & IT Communications Business Owner - based in Cheshire - 'Investing in the Med Syndicate for me was a way of participating in a group venture of like minded people with an endgame of realizing a more satisfactory return on capital than mainstream UK routes, through consensus investing and shared financial commitment we are building up a steady portfolio in a market that is continually predicted to grow and grow.'
Medical Business Owner - based in Northampton -'Investing in the Med Syndicate was very suitable for myself as I was looking for low risk medium to long term returns. The syndicate offered me the opportunity to spread risk over several property types in different locations. Grouping together with like-minded property investors proved to be a very logical way to generate longer term income without the downside of investing alone.
Service Manager - based in Norfolk - 'I wanted a portfolio of investments for my children’s future, getting on board the Med Syndicate property train, gives investors a way to grow a portfolio of quality properties they may not have achieved on their own. The syndicate is run by supporting each other to achieve a mutual investment goal. In today’s low interested rate world, it’s a great way to earn a higher return for your money with a group of friends.'
Administrator - based in Leicestershire - 'I have always had a passion for property development and now I’m on board the Med Syndicate, I’m on the Med property ladder, investing in properties varying in size and locations, in the sun! In the beginning I was skeptical, but I thought if a family member or a close friend came to me with this idea, I would jump at this shared ownership opportunity. I couldn’t possibly build up a portfolio like this alone. I also thought what a great way to earn a higher return on my money, and for me, far more interesting than investing in stocks and shares. It’s far more personal. I can see the IP’s, see stages of the renovation or completion process, and be involved with helping choose what’s required to make the IP’s ready for renting out. I can even choose to have a holiday in one of them if I want to'.
Retired Director - based in Derbyshire - ‘The Med Syndicate fits my requirements on many levels as it allows the potential of a decent return on investment plus a percentage of rental income without having to be totally hands on. In these times of poor interest rates it’s a definite win win in my book’.
Transport Business Owner - based in Leicestershire:-1) As a group we can invest in multiple properties as opposed to just purchasing a single property. I feel that this limits the risk of the individual investor and gives you a more diversified portfolio.2) We can invest as much or as little as we choose instead of having to invest the full cost of a property.
Accountant - based in Lancashire - As an accountant/business analyst I approached the Med Syndicate Investment with appropriate caution. My initial inquiry was answered promptly, without any pressure, and I was provided 'up front' with as much detail as I requested as well as contact details for several of the existing members. My contact with those members added to my opinion that The Med Syndicate is well-organised, transparent in operation, and offers potential for 'better-than-bank' returns, plus member benefits, and possible capital gains.
Naturally there is some risk - another 'credit-crunch' could happen!
However - I've considered that risk, and I prefer that my money is now doing something for me, and providing immediate benefits, that far outweigh paltry bank rates.
And here is a most recent verifiable comment from an outside investor: 'I think you are doing a good project and are a genuine group of people'
The property market in Spain is now recovering and is at the base of a projected steady 10 year+ growth curve following the Spanish real estate market crash in 2007/2008. Prices are now 30-40% less than they were in 2007 and in some cases 50%. So much growth potential in the pipeline. The Med Syndicate purchased IP1 3 bed apartment (500m to beach) in Torrevieja in Jan 2016 for 55000 euros for only half the price the apartment was in 2007 (110,000 euros). The same apartment next door was on the market for 117,000 in 2007 also. See attached IP1 Valuation at the time of purchase.The IP's acquired to date by syndicate members are as follows:-
Apartment Priest Beach - IP1 is a 3 bed apartment only 500m to the beach located in Torrevieja some 5 mins walk into town and close to all amenities. - It is owned by 4 syndicate members and currently under long term rental
Cottage Martos - IP2 is a 1 bed Andalucian finca/cottage located in a hillside town near Granada. - It is owned by 5 syndicate members
Villa Pinoso - IP3 is a 5000+ sqm plot of build rights land close to Pinoso and only 45km from Alicante. The intention is to add a Villa and pool to the land sometime in the future. - It is owned by 5 syndicate members.
Chalet Pinoso - IP4 is a 2000+ sqm plot of land which slightly borders IP3 and close to Pinoso and only 45km from Alicante. The inteion is to add a mobile home/chalet to the land sometime in the future. - It is owned by 5 syndicate members.
Apartment Santa Cecilia Plaza - IP5 is a 3 bed open plan apartment over looking a plaza in Rojales approx. 4 miles to the beach. Properties rent well here and for longer term. This will be popular with potential tenants/renters. - It is owned by 8 syndicate members.
Apartment Nations Park - IP6 is a 1 bed apartment with a good balcony which overlooks the pool some 20m away. It is located in Torrevieja next to the Park of Nations and is only 8 mins walk to the beach and 6 mins walk into town. This will be a good rental income generator. - It will be owned once completion is finalised by approx. 9 syndicate members.
Apartment Nations Park East - IP7 is a 2 bed 60 sqm apartment with a pool 15m up the corridor. It is also located in Torrevieja next to the Park of Nations and is only 10 mins walk to the beach and 8 mins walk into town. We are purchasing this apartment for less than the apartments overall purchase costs of June 2006. IP7 will have 6 to 8 sharing members of varying % ownership.This will be a good rental income generator. - It will be owned once completion is finalised by approx. 6-8 syndicate members.
Apartment Studio Sea View - IP8 is a 1 bed Studio with balcony, pool and sea view. Already fully allocated to existing members.
Apartment Acequion Beach - IP9 2 bed 200m from beach.
Apartment Priest Beach 2 - IP10 - 2 bed 400m from Priest's beach.
'According to Place in the Sun Torrevieja is the No. 1 Spot in Spain for buyers!' Copy Link to browser: https://www.aplaceinthesun.com/articles/2019/01/top-10-best-places-to-buy-a-property-abroad-in-2019?eid=AQ9121752944825720829410766353514
Member Use of IP's - Syndicate members and immediate family are permitted to use syndicate property for personal reasons i.e. short vacations (1-4wks) when they are not under rental assuming they are fit for habitation and furnished. Any exceptions to the rule will be considered on a case by case basis. The rental due for these short periods will be subject to a 50% discount based on a reasonable investment as specified in section 17 of the SMA. The property must be left clean and tidy after use. If a member wants to rent a property full-time then they would receive a rental discount equivalent to the % share they have in the property+10%. Again this is specified in section 17 of the SMA.
There are 2 kinds of shares which members acquire in an IP
1. Direct Investment Shares (DIS) – investment funds provided directly from the member for a share/s in an IP
2. Rental Income Re-investment Shares (RIRS) – investment funds which come from a member earned rental income
A member can choose to reinvest their rental income earned (less expenses) as Rental Income Re-investment Shares (RIRS) in subsequent IP/IPs or take their rental income annually.
Membership and Registration is via a Syndicate Membership Agreement (SMA) which specifies syndicate policies and the way the syndicate operates as well as protects the rights of all concerned.
Structure & Contents of the SMA
Property Investment Syndication
In General
Benefits
The Med Syndicate - Background Information
1. OBJECTIVE
2. NUMBER OF MEMBERS
3. MANAGEMENT
4. RESPONSIBILITIES OF SYNDICATE MANAGER AND ALL MEMBERS
5. SYNDICATE AGREEMENT
6. SYNDICATE MEMBER INVESTMENT FUNDING (IF#)
7. ADDITIONAL SYNDICATE FUNDING
8. ANNUAL REPORTING
9. NOTICE & NEW MEMBER APPROVAL
10. SYNDICATE MEMBERSHIP VOTING AND DISPUTES
11. COMMUNICATIONS - CALLS / EMAILS
12. DISPOSAL OF EQUITY SHARES
13. ENLARGEMENT OF SYNDICATE
14. CHARGES / COSTS
15. CURRENT SYNDICATE MEMBERS LIST & CONTACT DETAILS – (Strictly Confidential)
16. SYNDICATE WEBSITE / INTERNET PRESENCE - TheMedSyndicate.com and .co.uk
17. SYNDICATE PROPERTY – MEMBER BENEFIT / IP PERSONAL USAGE
Member IP Usage
Members & Immediate Family IP Usage & Rental Income Entitlement
Members Extended Family and Friends IP Usage
18. SYNDICATE MEMBERSHIP AGREEMENT, APPROVAL AND REGISTRATION
Member Details, Initial Investment & Signature
TMS Managers Counter Signature and Syndicate Seal
Hope this is helpful to at least see the structure and policy content covered in the SMA.
Investing members are issued with an IP Equity Share Statement (which stipulates the % shareholding of each investing member in an IP) and a set of Equity Share Certificates for each IP they invest in. All members investing in an IP receive a copy of the IP Equity Share Statement (signed, sealed and independently witnessed) and copies of all the certificates of all investing members for an IP. Along with all the figures associated with an IP investment and purchase. (Including a DIS and RIRS shares breakdown). So, each IP investing member can clearly see the full shareholding breakdown of an IP.
Please don't hesitate to CONTACT Tracy (a Mr) the syndicate manager for further information via [email protected] or Tel/WhatsApp: 07792629441 or call/sms +34629462786.
Also visit our website canvas: www.themedsyndicate.com
Further details will be supplied when required and are included in the SMA.
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