Win A 3 Bed Portugal Villa - Home Winner
McKinney Competitions, a raffle style prize draw company based in Ireland, are offering the another chance to win either a 3 bedroom villa in Portugal plus cash and a VW Multi Van or £500,000 cash. Compared to their previous prize draws this one's a little bit cheaper but you may still have to fork out up to £49.97 to take part.
Winner: Kate Bogue
Launched: 12th October 2023 Closed: 23rd October 2023
Platform: McKinney Competitions
Location: Alcantarilha, Portugal,
House Value: £500000 (3 Bedrooms)
Extras: £50,000 Cash
Car: Brand New VW Multivan
Ticket Price: £49.97 (Free Entry Available)
Tickets Sold: Unknown
Cash Alternative: £500,000
After offering a couple of four bedroom villas in Portugal, McKinney have returned to Albufeira in The Algarve for another prize draw. We guess if something works well and brings in the ticket sales then why not keep on running the same gig. At first we did think that perhaps that McKinney were indeed offering the same villa as they have done previously but we do think this one is different. Previous prizes have been four bedroom whilst this one is three. The one thing that is the same is the location and it does seem that McKinney have a job lot of villas in the area. At least you'll have something in common with your neighbours should you win (and they've not already sold their holiday homes).
The property being offered looks stunning and comprises three bedrooms - one on the ground floor and two double en-suite bedrooms on the first floor. These are joined by a garden, spacious BBQ room, lounge area & swimming pool. A Brand New Volkswagen Multi-Van is included in the prize whilst the winner will also collect £50,000 cash. The property comes fully furnished and ready to go. Once again McKinney have omitted details we think would be useful. Running costs, community charges and potential for rental income would all add to the details. We'd also like to know the processes in place for sorting out transfer of ownership etc. For example do McKinney cover costs for travelling out to Portugal? Of course you can avoid all these questions by simply accepting the £500,000 cash alternative.
How To Enter The Competition
To enter the competition for the chance to win the 3 Bedroom Villa in Portugal or cash alternative you simply need to answer a multiple choice question about the country. Note that you're not told whether your answer is right or not but the question is so absurdly easy that you won't need Google to check. Once you've made your selection it's simply a case of completing the purchase of your tickets. There is a free entry route offered for entrants who wish to take that option. Entry is via postcard and details about how to complete your entry are given on the website. However just note that if you're thinking of going via NPN then you will need to be fast as these draws can sell out quickly.
McKinney Competitions aim to sell a maximum of 99999 tickets at £49.97 (total revenue just under £5million assuming full prices are paid) by the end of the month. At time of writing there was a discount in place though meaning tickets could be purchase at £29.97. Still high but better than the £99.99 from previous draws. The deadline combined with ticket price again may seem incredibly ambitious but this company always seem to manage to come up with enough sales. According to the website the draw date is "always brought forward to next working day after all tickets are designated" and that the "date counter is just a possible maximum draw date". McKinney state that most items are sold within just 1 or 2 days although we're not expecting this one to fly out the door. At time of writing just over 6000 tickets had been sold which suggests a slowing down at least when it comes to initial interest. Perhaps punters have figured that better discounts might be offered further down the line?
This property in Portugal is very attractive and even more so on a horrible wet and grey October afternoon. But is it worth entering the prize draw? The key with McKinney comps is to try and get in when the ticket price is right. It's good that they've dropped down from the absurdly high £99.99 but even £49.97 is too much for a punt. The early bird deal of £29.97 may be tempting and may represent the cheapest that they go? If you're ambivelent about entering we suggest maybe holding out to the last day to see if there are any last minute deals. If there aren't then hold on to your cash. Whilst the ticket price is high and the target even higher you have to remember that McKinney actually only need to sell about 12,000 tickets (assuming full price) to be able to offer the cash prize AND make themselves a decent profit. At time of writing they're about half way to that point which still amazes us.
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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