Cloverhut Win An Andalusia Home - Home Winner
A two bedroom property in Andalusia is the prize on offer in this competition from Cloverhut (part of Sesortea). For just £2 you could be enjoying this holiday home that has amazing views of the sea as well as access to plenty of facilities.
Winner: Margot T
Launched: 1st September 2022 Closed: 30th September 2023
Platform: Cloverhut
Location: Andalusia, Spain,
House Value: £125000 (2 Bedrooms)
Ticket Price: £2.00 (Free Entry Available)
Tickets Sold: Unknown
We were expecting Cloverhut's La Manga Apartment prize draw to conclude at the end of September 2022 but before we've even got that far there's a new property on the table. Cloverhut's approach to house raffles is slightly different to the norm in that there's a CloverClub monthly draw and additional prizes of holidays and weekly cash prizes. You can still choose to purchase one off tickets whilst the club is an ongoing membership thing. It's clever but also quite confusing (in our view) and there's nothing more confusing than thinking one prize draw is closing on X date but then another one pops up before we've even got that far. Still it does mean that this particular platform is aiming to be around for a lot longer. On offer now is a house close to the beaches of Playa de Puerto Rey in Almeria. Details such as valuations are limited so for the sake of the review we've estimated at around £125,000 based on property currently for sale. We think this may actually be a generous valuation.
About The Property
According to Cloverhut the property has "two double bedrooms with fitted closets, a very spacious bathroom, a living room with a fully equipped kitchen, and a comfortable terrace". It comes fully furnished and there's a lovely looking pool just a few steps from the terrace. Although Cloverhut describe this property as a "beach home" we think that it is actually a ground floor apartment although it's not 100% clear. We'd like to seem them include a plan of the property, as Omaze do, as this helps give a feel for what's on offer alongside the handful of images. Other details that would be useful are things like community charges and potential rental income should a winner look to use it as a holiday let. Cloverhut do take care of the notary and management costs but we're not sure if flights to Spain to see/complete on the property are involved.
How To Enter The Competition
To ente the competition you need to register and purchase tickets. These start at €2 but you can get discounts for bulk buys (e.g. buy tickets get 1 free). When you get to the ticket purchase stage you'll be invited to join Cloverclub which gives you discounts on raffle tickets as well as chances to win other prizes such as a holiday. Note however that it is a subscription service so you'll be paying monthly for tickets etc. and it's not clear how much you'll be spending. There is a cancellation policy and details of Cloverclub are given in the terms. A free entry route is available but you must register and then send in your details via post. Full details are explained on the site.
How Many Tickets?
As far as we can determine the number of tickets available for this particular draw is again 800,000 (£1.6million total revenue assuming £2 per ticket). We also that that in order for the raffle to proceed that "Cloverhut must have sold at least 35% of its total tickets to hold the draw on 30th September 2023". Therefore this would mean that they need to sell at least 280,000 tickets (£560,000 revenue assuming all tickets are sold at £2). If insufficient tickets are sold then the promoter states in the terms that they reserve the right to extend the prize draw. Cloverhut are supporting Habitat for Humanity Great Britain with their raffles and are donating 80% of net proceeds (so whatever is left after costs). The charity will receive a guaranteed minimum donation of £5000.
Our Verdict
Cloverhut have taken the Raffle House approach of launching a new house raffle before concluding the previous one. On one hand this suggests that the platform is pushing on with it's goals but on the other it leaves a few questions. Firstly the terms state that tickets for the La Manga property can be purchased until the 23rd September 2022 but when we went to buy tickets we can only get them for the new promotion. Hopefully this means that the La Manga property has achieved sufficient ticket sales and will generate a property winner. If it hasn't or Cloverhut adopt the same transparency levels as Raffle House then that could impact sales going forward. The property itself is attractive but we do feel that Cloverhut need more details such as ongoing running costs as well as potential opportunities for rentals. The previous draw also offered a cash alternative and we do wonder if that's the same here.
La Manga Apartment Cancelled
In September 2022 Cloverhut announced that they were cancelling their La Manga Apartment draw due to insufficient ticket sales. Entrants could either take a refund or accept 2 for 1 tickets for this draw. We're not impressed with this and suggest you get a refund. There's no guarantee that Cloverhut can sell enough tickets for this draw and it may well be we're all in the same boat in September 2023. Enter Competition Here
Cloverhut Win An Andalusia Home Discussion
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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.
Footnote: Spanish properties attract a hefty tax on purchase. This can be up to 19% of the property value although this may be covered by the promoter so do check the terms. Note also that since Brexit UK citizens can only spend 90 days out of every 180 in the EU. If you win and rent out the property then you will also have to pay tax.
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