brikitt's blog

India has always seen an inclination towards real estate being the most preferred source of investment and this has been observed in the past few years, there is an enormous growth in self-catering holiday home investments but still, a very frequent question that you ask yourself when you got some amazing sponsored advertisement showing great deals on holiday homes on internet or randomly your eye catches some corner in newspaper featuring holiday home investment, that whether an investment in a holiday home is a good idea or we should go for some other property investment options. If you are on that fence then let’s quickly just understand how investing in Holiday homes is not only a good idea but it’s the hottest real estate investment in recent times. you can also log in to www.brikitt.com to get more details.

Certainly, leisurely benefits and a good investment coming together is a rare combination and that’s what you will be getting by investing in a holiday home as it provides you great returns with the luxurious location experiencing surreal views and super pleasant weather that is apt for giving a strong dose of refreshment and additionally ideal for investment purposes. so let’s move further as it’s imperative for you to know how exactly it’s a beneficial idea.

Vacation homes are not just committed to bring luxury in your life rather, they make you more financially free. Owing a holiday home comes up with a new stream of income that can generally be considered side business as it is financially rewarding and serves you as supplement savings. One of the major characteristic of holiday home is, it’s in place that is tourist friendly amidst of Hills or relaxing beaches so whenever your holiday home is not busy serving you, you can rent it out and get some lucrative rental incomes effortlessly. Not just this, on the other hand due to the excessive demand & tourist influx prone locations the value of the property is sure to see worthy appreciation so you will enjoy the dual income source by doing such an amazing property investment. So just log on to www.brikitt.com to get the best holiday home deals now.

People generally fall in love with the dream of having a picturesque vacation home which they can use to get themselves pampered with different kind of luxury and freedom. While being involved in our day to day endeavor, there comes a time when we just want to pack our bag and get out of the daily reality checks that life throws at us and holiday home investment can give you this freedom. You need not to spend a lot of time in searching for the good accommodation or investing huge amount in vacation rentals, just pack you back and go away from the madding crowd of the city.

If you invest with BRIKitt, you even can get an amazing benefit of investing in one holiday home and get access of the BRIKitt properties all over India. So the point of getting bored with the same location is also sorted and you can have the power of enjoying unhindered holidays

Whenever we put a seed of holidaying in our mind the biggest concern is that of looking for the accommodation, last minute hustle and those huge rentals, that’s why investing in a holiday home is the need of the hour and it’s the biggest motivator as you can very easily combine owning your dream vacation home with operating a profitable business and offsetting the cost of your luxurious holidays. So your holiday home not just offsets the cost of your accommodation but the cost of your whole holiday due to amazing rentals income that they enjoys. Just log on to www.brikitt.com to check the best holiday home investment options and the great deals available for you to go with as BRIKitt focus to give minimum of 8% – 10% ROI

Envisage a retirement in which you can have liberty to enjoy vacations in different places all across every year without investing a single penny in accommodation,  isn’t it amazing ? it may happen like in winters you want to be in place that is warmer and in summers you dream to be in place that is cooler ? So the perfect option for this is go and invest in holiday home with BRIKitt now, as its actually a perfect holiday solution for you. Whenever you want to change the Mundane routine post retirement, holiday homes become potential enough to liberate you from the stress. It even become a great source of money when you are retired as your holiday home will work for you and it never retires. It even serve you as a unique legacy for your heirs once you are not there. So just take a decision to include holiday home in your life style and gift lifetime leisure holidays to your upcoming generations.
This flourishing market of Vacation home is a result of the rising popularity of staycations aswell, which has impacted the attractiveness of holiday home as an investment opportunity. For more details you can visit our website www.brikitt.com.

As per the studies, the holiday home investment is increasing per year by 10-12% and it’s not just serving a cause of providing luxurious lifestyle, profitable investment, retirement retreat but it’s now becoming a new luxury for the holiday lovers. With the frequent change in the  mindsets post pandemic, the demand of the holiday home is touching heights as there is a significant increase in the number of buyers seeking luxury. If we talk in context with fractional ownership, holiday home is becoming the affordable dream for the people. You can land in to our websites www.brikitt.com and feel amazed to see the Affordability.

To get more clarity about holiday home and BRIK itt, lets dive into the discussion of how does property investment works

Choosing an apt property is definitely not a low hanging fruit as there are many markers to be taken care of before investing in a holiday home to make it super profitable. The one and the foremost being the location. The location should be the one, popular among tourist attractions and having profound landscape that can enamor anyone experiencing that place so BRIK itt explore the location that can give you the perfect blend of rest, relaxation and luxury away from hustle & bustle of your City.  Apart from that there is a lot of research and verifications of the location, builders and property documents that BRIK itt  takes care of before introducing any property to the potential investors.

Now after exploration, the property is registered as SPV (Special Person Vehicle) and a Private Limited Company is formed and as per the BRIK itt eco-system there are 11 co-owners in each property who holds the equal shareholding rights and they are the one sharing profits and the expenses of the property equally. For better understanding, special purpose vehicle (SPV) is simply a regular limited company which is used solely for a particular purpose. In the case of property investment, it’s used to purchase and rent out properties. Once the BRIK owners pays off all their installment of the BRIK purchased (1/11th part of the property is termed as BRIK) they will get Share holding certificate and Agreement copy with Brik itt and they can start enjoying holidays.

One Property, 11 owners and 365 days ….. Now here comes a question how BRIK can be utilized. There are many thoughts that pop ups around your head like – How 11 owners are going to use same property? or What if everyone needs the property at the same time?. To clear all that lets get into its depth. There are 30 days usage rights given to each Brik Owner in a year and there are 365 days. As this has been observed that the average days people normally go for the vacation in a year is appox 1-2 Weeks so BRIK itt gives 30 days usage right to all in which they can enjoy their luxurious stay and the 30 days that were left can be utilized by the property to earn for its own expenses like electricity bills, house tax, water tax, maintenance cost etc so that you need not to have any extra burden to pay off the expenses of your holiday home.

The  Brik owner needs to book the property in advance to enjoy their special dates like Birthday, Anniversary etc and on festivals or holidays the booking is confirmed on first come first serve basis.

Every proud BRIK owner has interoperable usage and earning right. You are entitled to 30 days of rental earning. As we have already discussed usage rights of 30 days so if the brik owner is not using the property for all 30 days in a year when they get the rentals out of the unused days that means while your holiday homes are not serving you they are earning for you. To get the better clarity lets imagine Mr. X is a brik owner and he has used 6 days in a year and he has gifted 4 days to his friend on his 1st anniversary so the total usage is of 10 days and remaining are the 20 days so he will be getting rental income for 20 days. The earning of the property is calculated yearly. A cumulative earning is recorded by the property and then divided by 365. This number obtained by the division is the PER DAY income of the property and is accordingly distributed among the owners according to their unused days and that’s how you can earn handsome rental yields.

Your ownership is more than what you thought and to validate that I want to introduce you with one amazing benefit that BRIK itt offers you and that is Easy Exchange Benefit. The exchange saga – In order to provide the ultimate level of luxurious stay every brik owner gets the best and the most unique exchange program that means you can buy a property in one place and you can have the privilege to use any of the brik itt property all over India.

BRIK itt not only helps you owning your dream homes it does more than that. Whether you are looking for managing your second home or looking for an experienced, honest team to manage your guests and fetch the best possible return on your investment, we are here…We aren’t going anywhere. Some of the amazing services offered by BRIK itt on very minimal AMC (Annual Maintenance Charges) are –

1) Dedicated Housekeeping Team &24/7 Concierge Service
2) Escrow Services such as utilities, taxes, and property insurance.
3) Extensive marketing of your unit when available for rent (Listing on booking portals), etc

You can just relax after booking your brik as the only thing that you need to do is to plan your holiday and allow us to serve you.

Holiday home investment with Brik itt, brik comes with easy liquidation opportunities as here the eco-system is developed in a way that a liquidation system is hassle free and fast. You can sell, gift or transfer the brik at your desirable price after the lock in period there is no restrictions on that. We even have a dedicated resale window. and an Existing buyer club to resell the brik among interested buyer and sellers in the portal.

BRIK owner Dashboard is also delivered to the Brik Owners with all NEW Look & Functionality. It is a real time BRIK management tool Known as WEB APP that helps BRIK owners to track their payments, expenses, profit/loss and bookings. It is one stop store for all BRIK and SPV related documents which can be downloaded on the fly.  A BRIK owner can view any maintenance expenses and keep track of their brik on a real time basis. Not only this, with BRIK itt web app you have full transparency of your funds, rental income, occupancy and many more.

So that’s how holiday home investment works. To get more details log on to www.brikitt.com now

Holiday homes are the most pleasant gift that can offer you the utmost pleasure with comfort; an amazing picturesque & scenic surrounding, commendable space & privacy, much better amenities & comfort. So investing in a holiday home among other real estate investment should never be out from your investment portfolio. Hmm wait but where should you invest is a major question and that question itself depend on various questions like What kind of person you are ? What kind of holidays you want ? What is your holiday mood ? so here are the 2 categories that are to be dived in to get clear idea where your heart is when it comes to owning your very own holiday home and BRIK itt is there fully dedicated to help you gift yourself an affordable luxury to make this magnificent dream come true.

So Let’s understand the Concepts Chill & Hill in reference to the best property offered by BRIKitt

Vacation homes near beaches are like Aha! A golden or whitesand, which can feel soft and inviting underfoot, those breathtaking sunsets painting the sky with vibrant hues of orange, purple & pink. Isn’t in imagination of holidaying in Beaches gives you the inner peace? so here are some of the amazing options that BRIK itt offers to take you to the lane of everlasting memories of the holidays

This Super LUXURY 2.5 BHK at Varca, Goa is adjacent to Varca Palms. Apts are two-bedroom with a study, living and dining area of approximately 155 sqmts. A perfect environment to live an extraordinary lifestyle, or even as a smart long-term investment. This project is a combination of modern and contemporary architecture, are distinctively Indo-Portuguese in style and are conveniently located just 500 meters (or a 10 min walk) from the beach. if we talk about the amenities, it comes with Dive-worthy & Refreshing Swimming Pool, Spacious Lift, Uninterruptible Power Backup, Shielded Security all that makes it a perfect place to invest with the benefits of fractional ownership.

If we talk in monetary terms then investing in Golden sands promises approx 15% Target IRR, 12% PE Ration and 8-10% Target rental Yields and the USP of the property and CLOSE PROXIMITY FROM THE BEACH & LOTS OF GREEN AND OPEN SPACES gives you the TRUE RESORT FEEL.

While renting out your beach holiday home, you can generate additional income called your rental income when you are not using your holiday home for yourself.

Beachfront properties tend to appreciate in value over time, so your beach holiday home may be a good long-term investment.

You and your family can use your beach holiday home as a vacation destination, giving you a place to relax and unwind. Having a second home at beaches can provide a sense of enjoyment and luxury to the whole family.

Many beach communities have a strong sense of community and offer a variety of activities and amenities for residents and visitors.

Hill vacations can be a great way to escape the hustle and bustle of everyday life and enjoy the beauty of the natural surroundings. Here are a few benefits of holidaying at the hill: stunning views of the surrounding landscape, super enjoyable and exhilarating outdoor activities., Relaxation, invigorating and refreshing surroundings. Spending time in the mountains can have numerous health benefits, including reducing stress, improving mental health, and increasing physical activity. So if you are very prone to PEACE in your holidays, just go for owning a holiday home at Mountains. So let’s look into one of the best option that BRIKitt can offer you –

It is Uttarakhand premier township spread over 100 acres of lush green hilltop, surrounded by fruit orchards, farms, and coniferous woodland. The project is meticulously planned out to ensure you get a 1,432 km Himalayan view from every window in your home. Located in the heart of the Himalayan suburbs at Mukteshwar, 7500 feet above sea level, the hill provides an astonishing 180-degree unobstructed view of the Himalayan range and snowcapped peaks like Nanda Devi, Trishul, and Nanda Ghunti. Its proximity to New Delhi makes it a perfect getaway for the weekend or relaxing vacations, away from the other crowded hills in the region.

If we talk in monetary terms then investing in The Swiss Village mountain house property promises approx 18% Target IRR, 6% PE Ration and 12-14% Target rental Yields and the USP of the property being Club House, Lounge area, Bowling Alley, Kids Play Zone, Barbecue, Cleaning, Garden, Balcony, Fireplace, Lawn, Power Backup, Security, Modular Kitchen.

Many mountain regions offer a wide variety of recreational activities such as hiking, biking, skiing, and snowboarding, which can be enjoyed by the whole family.

Mountain landscapes are often breathtakingly beautiful, and owning a holiday home in the mountains allows you to enjoy the scenery whenever you want.

Mountains are very famous in India for holiday destinations so if you invest in mountain holiday home, you can generate Impressive returns if you rent them out.

Mountain properties tend to appreciate in value over time, so your mountain holiday home may be a good long-term investment. So you can grab any of them at 1/11th cost of the total value of the property and this is something that can definitely interests you to buy your holiday home as BRIKitt can offer that in fractional ownership, isn’t it a good news. Get the price & the other investment options in those 2 categories here that are THE BEACHES OR THE MOUNTAINS.

Extravagant property, picturesque location, 1/11th value, Lifetime holidays, amazing rentals, and a 5 Star property management… Isn’t it amazing to invest in such a Yielding and Lucrative investment? Excited to know more ? Lets dive in.

In context to investments, we generally found ourselves in the fence so let’s introduce you with a concept that has created a boom in real estate investment, which needs no confusion as it can give you the maximum returns then you ever thought of and that is FRACTIONAL OWNERSHIP. It refers to a system where multiple investors can jointly own a high-value asset, such as a piece of real estate or a private jet. Instead of each investor purchasing the entire asset, they can purchase a fraction of it, or a “share.” Fractional ownership as a concept is developing exponentially and emerging as a popular investment option in India when it comes to investing in a holiday home/vacation. If we talk especially about real estate investment, ownership of land is considered to be the best Asset Investment so far and fractional ownership is considered to be quite an affordable way to make property investments. It also provides a unique opportunity for the investors to come together and combine their resources to collectively own a high-value property.

Let’s get into the depth for understanding how FRACTIONAL OWNERSHIP in HOLIDAY HOME can be considered as the ‘Unbeatable Investment Tool’ now a days –

Fractional ownership allows investors to purchase a share of a high-value asset, rather than buying the entire asset outright. This makes it more affordable for individuals and small investors to gain exposure to properties or assets that they otherwise might not be able to afford. So being budget-friendly, these investments are apt for larger groups and can benefit you by creating a habit of investment due to its amazing returns. Fractional investment is even congruent for salaried professionals due to its low investment cost and if you are willing to invest with BRIK itt then it comes with affordable easy installments that even makes it super easy, to own your dream holiday home more conveniently.

One of the key attributes of fractional ownership is that you can own a small share in a variety of properties or assets, investors can diversify their investments very easily rather than investing huge amounts in a single asset which can help to spread out risk and reduce overall portfolio volatility. So that’s how you have the privilege to create a diversified portfolio as per your needs and investment outlook with various kinds of property assets while spreading your investible corpus. There are many options, one being investing in under construction property that is even beneficial as they may not give you rental income but they end up giving high capital gains so you can invest in one ready to move and one under construction property and enjoy the benefits.

Investment in fractional ownership is potential enough to provide you great returns. First of all they have potential for appreciation, like any other real estate investment, capital injection in holiday homes appreciates in value over time more than any other real estate investments thus capable enough for amazing capital gains because of the tourist friendly and picturesque location of the property. Secondly, potential for rental income: If you’re not able to use your fractional ownership during a certain period of time, you may be able to rent it out to generate additional rental income because of heavy footfall of travelers. So by owning a holiday home you can enjoy dual income sources and you can potentially start earning heavy passive income from the comfort of your home.

Fractional Ownership through BRIK itt gives you the opportunity to experience a range of stunning properties that you can only dream off due to their Extravagant prices that to by investing just 1/11 value (if investing through brik itt) Experience ultimate comfort and serenity with the opportunity to own your dream home, be it a 1BHK, 2BHK, 3BHK, Villa, or any other option, all equipped with exclusive and lavish amenities and elegantly designed interiors. One of the key benefits of investing through BRIK is the ability to have a diversified portfolio of properties by investing in just one property. This allows you to have access to a variety of locations without the need to individually invest in each one.

If you have ever thought of buying your own holiday home then the major resistance that came in is, who will take care of that property as your location is far away from your second home and if we talk about the occupancy, on an average you can only use 20-25 days per year for holiday then what ? The ultimate solution for that is investing in a fractional ownership through any renowned platform as they have professional managers who take care of the property/assets, which can alleviate the burden of management on investors. If we talk about BRIK itt, it not only helps you own your dream homes it does more than that. Whether you are looking to manage your second home or looking for an experienced, honest team to take care of your guests and fetch the best possible return on your investment, we are here… Some of the amazing services are –

1) Dedicated Housekeeping Team &24/7 Concierge Service
2) Escrow Services such as utilities, taxes, and property insurance.
3) Extensive marketing of your unit when available for rent (Listing on booking portals), etc

The benefit of investing through fractional ownership is, the investor can sell their fraction i.e. shares quickly if they decide they no longer wish to own the property or if they need to generate cash quickly. This allows investors to liquidate their investment and re-allocate capital to other investment opportunities if needed.  You must go with BRIK itt to avail this amazing benefit as BRIK itt is having a whole community of brik owners and a dedicated resale window that’s making
reselling your fraction super easy without investing any money, time or even effort.

You can just relax after booking your brik as the only thing that you need to do is to plan your holiday and allow us to serve you.

For the seasoned traveler, it’s a blessing and for those who aren’t, it’s an amazing investment opportunity. So, why wait?  Book your BRIK now.