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Efficient resort management and maintenance are essential to protecting owners’ investments. The management plan proposed by Village Estates for The Village is fully integrated and comprehensive and is focused in the following key areas:
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External
area maintenance (Central areas, Villa and plot) |
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Villa internal maintenance |
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Sinking Fund to cover unexpected maintenance,
and/or improvements to the estate |
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Booked services - additional services such as maid service,
laundry etc. |
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Management of a rental scheme |
The management company will also provide 24-hour reception, maintenance and security teams to manage and maintain the grounds and ensure that both owners and guests are warmly welcomed and guaranteed a private, peaceful stay.
The costs for maintaining the site will be budgeted annually, in direct proportion to the floor area of each villa type.
Owner Usage
Owners may use their villa for a total of 60 days in a 12-month period, split equally over high and low season. There is a late booking scheme which enables the owner to use his villa for more than the 60 days should he wish to.
Owners book and cancel their holidays in their villas in the same way as customers. Owners may sell their personal use time through the management company and for this they will receive a commission; however owners may not let their time privately.
While in residence, owners will pay a small fee to cover the villa running costs.
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Your investment works for you
| Guaranteed rental returns (Phase 1a+b) |
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Guaranteed Rental Returns of 7% |
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Guaranteed for 4 years from handover |
Non-guaranteed returns (Other phases) |
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Return varies according to the type/location of the
villa. |
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Predicted returns of between 7% and 12% |
The Village rental scheme is comprehensive and ranges from sourcing holiday customers right through to managing their stays. In addition, the management will ensure that the villas are fully maintained to protect investments and generate the best possible yields.
For this the management company will earn a share of the rental receipts. This fee is to enable Village Estates to operate the rental programme and will cover the following:
Financial |
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Accounting administration and records |
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Estate Management and maintenance fees |
Owners need only register their interest in participating in the rental scheme. When an owner has registered, his villa will be offered for let.
At 6 monthly intervals the owner will receive payment for his proportion of the sums due from the rental scheme.
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