For an initial outlay of NZD $368,000, you can own freehold/title to one-eighth Co-Ownership in an exclusive three-bedroom Jacks Point Apartment in Queenstown, New Zealand. This entitles you to six weeks use spread throughout the year and a total of 60 weeks over the 10-year period.

Assuming your share of the annual expenses for the apartment of approximately NZD $8,300 including exit cleans, the total cost for ten years would be approximately NZD $83,000.

Property values in Queenstown have increased 7% pa in the medium sale price in the past ten years (reference - realestate.co.nz). Using this capital growth, the Co-Ownership share would be valued at approximately NZD $724,000, providing a capital growth of approximately NZD $356,000 whilst you and your family have enjoyed 60 weeks use of your apartment.

Alternatively, renting similar accommodation for NZD $7,700 per week over the same ten-year period would cost around NZD $460,000 for which you would have nothing to show for this investment.

Alternatively, purchasing a Co-Ownership share with Second Home could yield a capital gain of NZD $356,000 less annual fees of NZD $83,000, which amounts to a total net gain of approximately NZD $273,000.

In comparison, over the 10-year period for a similar experience, renting would cost NZD $460,000. Co-Ownership would offer a potential $273,000 capital gain.

The precious activity of holiday time with family and friends can never be underestimated. We are endeavoring to provide an alternate and smart way, to capture those precious holiday memories whilst at the same time providing a sustainable long term real estate investment.

Please note that these figures are based on assumptions only and should only be used as a general guide when making your purchase decision.