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Purchasing
Each
villa will be managed as a rental villa when
unoccupied by owner, ensuring a consistent
income. Rental income generated by all villas
(less taxes and management fees) will be divided
among the owners in direct proportion to the
percentage of ownership in the complex. The
income from Spa will also be distributed in the
same way, which gives you extra
income.
•
Returns
Owners can
anticipate return about 7 to 17 % per annum.
This is calculated based on 10 to 20
days per month of rental occupancy.
* For further information, please
click here
• Payment of
returns/income from rental
activity
Generated
returns will be indicated to each villa owner in
a monthly
report, payment of returns
is per annum.
• Ownership
privileges
Owners have
the right to 15 nights complementary stay every
year and all
services, (excluding
food, spa and laundry.) Owners also have the
right to
stay in other villas at 30 %
off the advertised rate, and this right can
be
transferred to a third person
nominated by the owner. The right to
free
and discounted use of the villas
can not be redeemed for cash, though
of
course any nights of the 15 not
used by the owner will be used in the
rental operation and will generate
income. |
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