It been 12mths since investment
It been 12mths since investment - Still 2% return
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It been 12mths since investment - Still 2% return
My husband and I invested in a 10% fractional share in a 3-bedroom villa at The Luc Bali after being advised during the sales process that the expected annual return would be around 8â15%.
To make this investment we even set up a managed super fund, which involved significant time, administration and costs so we could use our superannuation.
After the first year, the actual return was less than 2%, which did not even cover the initial costs we incurred.
At the beginning of this year we contacted the company requesting assistance to sell our share and exit the investment, however since then we have not been given clear guidance on how the share can be sold or what the exit process is.
The communication was excellent while the investment was being sold to us, but once we asked to exit, the clarity and responsiveness have been very disappointing.
We hope the company will provide a clear exit strategy and support to sell our share. If this is resolved and we are able to recover our funds, we will update this review accordingly so other investors are aware of the outcome.

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