AFM

You are investing outside of AFM oversight

Like other parties offering recreational real estate, Beach Resorts is required to place a statement containing 'You are investing outside of AFM oversight'. In the Netherlands, it is a legal requirement to have an AFM license if investments are offered. However, this license is not required if an exemption applies. This exemption applies, for example, to investment objects with a value higher than €100,000.

Why the AFM banner?

The holiday homes that Beach Resorts offers as investment objects often fall outside the license requirement, because they cost more than €100,000. In this case we are legally obliged to show the statement in our advertising.

More information on exemption statement from the AFM can be found here.

What does AFM stand for?

AFM stands for: Authority for the Financial Markets. The AFM supervises the financial markets, which includes savings, investment, insurance and lending. The Authority for the Financial Markets supervises the financial markets to ensure that there is confidence in the financial markets and that the market operates in a fair and clear manner.