Vacation Homes for High Net Worth Individuals

By: Kris Koonar

High net worth individuals are persons who are super rich, having huge financial holdings. Earlier, these people were referred to as millionaires. Any person possessing financial assets worth more than US $1 million belongs to the high net income group. Real estate ownership is not taken into account while calculating the financial assets of the high net income group individual or HNWI as commonly referred to. More and more people are getting richer and wealthier in the present times, with the growing economy. Recent statistics show an increase of 9 to11% in the number of HNWI in North America, with assets rising to a worth of $11.3 trillion.

With the capacity of a handsome proportion of disposable liquidity, investing in vacation homes or the second home is becoming popular with the high net worth individuals. Vacation homes are properties that are solely utilized for the recreation or leisure requirements of families or individuals. The home is usually a home away from home, meant for relaxing and enjoying a vacation. Owning a vacation home is a profitable venture as, this can be rented out when you are not using it. Renting out the vacation home provides you with additional rental income, plus the house will be maintained well.

High net income group people have numerous options while choosing the locales for their vacation home. These include exotic places all over the world, like the Caribbean, Greece, France, Italy, Florida, Hawaii, Spain, Thailand and Portugal etc. The many alternatives available are beach front condos, mountain lodges, country side farmhouses, private castles, chateaus, villas or even ultra luxurious apartments. These luxurious homes provide you with the privacy and comfort of a vacation home.

There are luxury vacation homes designed for the high net income group that have all the world class services to make the vacation a truly memorable experience- theater, swimming pool, Jacuzzi, sauna, state of the art gym, beauty salon, indoor and outdoor games and activities. All of these facilities and more are available at most of the exotic luxury vacation homes.

Keeping the focus on the needs of the high net income group, these vacation homes are furnished with grace and style. Spacious living rooms, luxurious bedrooms, dining areas, and ultra modern kitchens are all done up with opulent interiors, to reflect classic taste. It is even possible to get domestic help staff for housekeeping and cooking services. Touring arrangements are also taken care of along with sight seeing. Skiing sessions are arranged if you are at a skiing station or if you are vacationing at the beach, then cruise in a luxury yacht complete with a cabin crew will give that memorable yachting experience.

Vacation homes are becoming popular with high net income groups. They are perfect getaways for winding down and enjoying with family members. A place where you can relax in epitomized luxury after spending the day in leisurely and adventurous activities. World class dining accompanied with the finest wines make vacation homes most suitable for the rich and famous.

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