Cost effective management
 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 focused in the following key areas:
 |
External
area maintenance (Central areas, Villa and plot) |
|
Villa internal maintenance |
|
Sinking Fund to cover unexpected maintenance,
and/or improvements to the estate. |
|
Booked services - additional services such as maid service,
laundry etc. |
|
Management of a rental scheme |
 The management company will also provide 24-hour reception,
maintenance and security teams to manage and upkeep 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.
How your investment works
 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 maintained to protect investments and generate the
best possible yield.
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
services:
|
Sales and Marketing activity |
|
Turnaround costs |
|
Financial Management |
|
 |
All Sales and Marketing activity
including
|
Staffing and office costs |
|
Marketing material and advertising activity |
|
Sales channel commissions. |
All turnaround costs including
|
Cleaning, laundry and
inventory replacement |
|
Customer management
including their welcome pack |
|
Property utility fees |
Financial
|
Accounting administration
and records |
|
Estate Management and
maintenance fees |
 Owners need only register their interest
in participating in the rental scheme. Once an owner has
registered then 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.
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 will be a late booking
scheme, which enables the owner to use his villa for more than
the 60 days.
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
maid, linen and cleaning costs. |
