Cadivus - Cash Winner
Cadivus invite you to try and win a luxurious £2 million home in the cultural heart of South Kensington. Live the dream of a luxury lifestyle in the ultimate London location. Tickets cost just £10 plus booking fee.
Winner: Caroline from London (£53,500)
Launched: 12th December 2018 Closed: 12th June 2019
Location: South Kensington, SW7 2PA
House Value: £2000000
Ticket Price: £11.00 (Free Entry Available)
Tickets Sold: Unknown
Cadivus describes itself as "a property competition like no other". We're unsure why because it's not doing anything different from others that have taken this journey - and failed. That said, it's website is incredibly detailed and glossy with plenty of images. This makes the property on offer seem highly attractive.
Furniture & Fittings
The prize is a two bedroom, two bathroom first floor apartment in the South Kensington area of London. It's beautfully furnished and all furniture and fittings shown in the property pictures are included with the prize. Stamp Duty Land Tax, Legal Fees, One year’s Council Tax, One year’s Service Charge and One year’s utility bills are included too.
Entry to the competition costs £10 per ticket plus there is a £1 booking fee. After deciding to purchase a ticket you'll be required to answer a multiple choice question. A minimum of 300,000 tickets will need to be sold before the property is awarded. If insufficient tickets are sold then a cash prize is paid out. The draw is being conducted by PromoVeritas.
50% Of Total Funds
The cash prize will be paid out at a rate of "50% of the total value of the funds raised from all Entry Fees less the charity donation (1% of funds), booking fees, any applicable taxes and administrative and marketing expenses incurred by the Promoter". The website doesn't explain where the other half of this amount will go to.
Whilst Cadivus as a website and property looks amazing, entrants should see that the ticket price is £11 and not £10. They are advertising the competition with the line "a £10 ticket could be your chance to live like a millionaire". Reve House faced an ASA ruling for a similar issue when they failed to include their admin fee in social media adverts.
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. Images are used under fair use policy. Map location is approximated by Google based on postcode/location info. Any links provided are not an endorsement from Loquax. In some cases Loquax may earn a referral fee from sales this does not effect our review. We strongly advise all visitors do due diligence on each contest before deciding to enter. Terms and conditions apply. Begambleaware.org.
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