Seaside Confluence

Not directly: every unit offered in SlowSpace Coastal LLP, the partnership that holds Seaside Confluence, has been taken. You can join the waitlist below. If, after the lock-in, a partner offers units for sale, the waitlist hears first, in the order it was joined. Joining is not an offer and commits you to nothing. Any sale is at a price the buyer and seller agree, and a buyer from outside the partnership needs the partners' consent.

Not yet. Seaside Confluence sits on the coast, where India's Coastal Regulation Zone (CRZ) rules decide how close to the water anything may be built. That line still has to be read from the survey plan, and every position on the drawings waits on it. The drawings are design intent, not yet issued for construction, and nothing is cleared or built until the line that governs it is drawn.

No. A timeshare sells you weeks of use and nothing else. Here you buy units in the limited liability partnership (LLP) that holds the estate, so you own part of the partnership that holds the land and buildings, vote on its decisions in proportion to your holding, and share in its distributions when there are any. Nights at the estate come with that share. They are a benefit of owning, not the thing you are buying, and they are not priced or sold separately.

You own part of the partnership that holds it. Each estate sits in its own LLP; the LLP holds the estate, and its partners own the LLP in proportion to their units. Getaway Collective governs the partnership but holds no equity and no economic interest in it, and that rule is entrenched: it can change only by a unanimous vote of the partners. How each estate's land is held, whether owned, leased or still in title work, is stated on that estate's own page.

A unit is a fixed share of one estate's LLP, sold at the price set in that estate's offering letter. Each estate sets its own unit size, its price and the most any one partner may hold, and its page shows how many units remain. The number of units you hold decides three things together: your share of distributions, the weight of your vote, and your share of the estate's nights once it is built.

Nights are shared in proportion to what each partner holds, and they begin at handover, once the estate is built; an unbuilt estate carries no nights. The rule that allocates nights is still being decided and each estate's offering letter will set it. Where this site shows nights per unit, it is an illustration that assumes nights are shared in proportion to equity. Nights not used in a year do not carry forward and cannot be exchanged for money. When partners want the same dates, the one who has used the fewest nights that year goes first.

An estate's running costs are paid from its own revenue, in six fixed stages, before anything reaches partners: the operating partner, brand and platform, an administration reserve (2.5%), a sinking fund for long-term renewal (2.5%), and repayments on any bank loan. Partners receive what remains. Each estate's page shows its own shares. There is no preferred return, no catch-up and no carried interest, so no one takes a performance share ahead of you. Any other charge would have to appear in the offering letter before you commit.

Sensory Getaways, the operating partner, runs and maintains each estate day to day under a Commercial Services Agreement with that estate's LLP. Its work is measured against agreed Service Levels, it is paid from the first stage of the waterfall, and its duties run to the partnership. Long-term renewal, as the buildings age, is paid for from the sinking fund: 2.5% of the estate's revenue set aside every year for exactly that.

Yes, together, and never one partner alone. Changes to an estate are decided by resolution of the partners, in a vote weighted by how much each holds: an ordinary resolution needs more than 50% of the holdings voting, and a special resolution at least 76% of all holdings. Some decisions, such as selling the land or borrowing beyond the agreed limit, are reserved to the partners by the LLP agreement. Every resolution is kept on the partnership's permanent record.

Most disagreements are settled by vote: decisions are resolutions of the partners, weighted by holding, and a tied vote fails rather than passing. Partners holding at least 20% can call a meeting, which must be held within 21 days. A dispute a vote cannot settle follows the dispute clause in the estate's LLP agreement, administered by the Governance Office. A complaint about the platform itself has its own three-stage route, set out in the Disclosures.

Yes, after the lock-in, but there is no public market and no guaranteed buyer. Units are locked for the period in the estate's LLP agreement, typically 36 months from financial close. After that you can post your units on a noticeboard that other partners see first. A sale to someone outside the partnership needs the consent of partners holding a majority, and the buyer must complete the same identity checks. On a partner's death, the units pass to their estate and the lock-in does not apply.

Nights are not a letting right. What is settled is this: a night you release unused can be let by the estate, and that income joins the estate's revenue and is shared through the waterfall like any other, so every partner benefits from it. Unused nights never turn into cash for the partner who released them. Whether a partner may give nights to family or friends is for each estate's LLP agreement to state, and until it does, this page does not promise it.

Yes. Capital is at risk, and no one, including Getaway Collective, the operating partner or the sponsor, guarantees a return or the value of your units. The estates are unbuilt or being built, their income depends on occupancy that has not yet been observed, bank debt is repaid before partners, and units cannot be sold quickly. Read the Risk Factors in full before committing.