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Vasari Rental Plan

The Vasari Rental Plan programme of purchasing with profit, guaranteed by Grupo Vasari, provides one of the most lucrative ways of getting the most out of your investment through hotel management, which is offered as a purchase option in several of the group’s developments.

Below you will find the answers to the most frequently asked questions about this innovative and profitable form of house purchase.
What exactly is the Vasari Rental Plan?
The Vasari Rental Plan is a new way of purchasing a top-quality home on an exclusive residential development, with maximum profit and security.

When you buy your home with Rental Plan, you hand over its use to Grupo Vasari through a rental management contract authorizing them to rent it out, thereby allowing you to obtain a variable annual return on your investment, depending on occupancy of your apartment. You also have the opportunity to enjoy your home.
If I buy with the Rental Plan, will I still be the property owner?
The purchase of a home with Rental Plan is no different to buying a property in the usual way. It is the purchase of a tangible asset with an extended, useful life. It is an investment characterized by a low level of volatility and risk, making it an attractive proposition in any economic situation.
What sort of profit can I get for my investment?
When they hand over their property to the development company by means of a rental management contract, the owner will receive a variable annual return dependent on the recorded occupancy in the complex which, according to estimates, will range between 4% and 5 % net, after deduction of maintenance costs, local taxes, refuse collection, community charges and taxes.
How many days a year can I use my apartment for?
In all cases, the owner can use his or her home and any other like it at any time of year, provided that they book their stay sufficiently in advance, thereby allowing a profit from their investment while enjoying it at the same time.
Who will be responsible for renting out my property?
All properties purchased by the Vasari Rental Plan method will be let out directly by Grupo Vasari through their hotel management group, Vasari GESHOTEL. Grupo Vasari will have responsibility for all administrative rental matters in addition to taking responsibility for declarations of payments and taxes (IBI, community charges, refuse collection, etc.). The owner does not have to do anything.
What services does Vasari Geshotel offer its tenants?
All the properties rented out as tourist homes through Vasari GESHOTEL offer tenants the following:

Gobernanta - Housekeeping:
  • Cleaning services included several times a week (check time intervals at each of the resorts).
  • Change of linen included at least once a week (check time intervals at each of the resorts).
  • Babysitter service at additional daily charge.
  • Laundry and dry cleaning service at additional charge.
  • Food purchase service on arrival and throughout the stay, at additional charge.
  • Technical repair and maintenance service for the properties
Recepción - Reception Services:
  • Reception Hours:
      At the Vasari Resort: reception is open from 8h to 24h and the porter’s office 24h.
      At Manilva and Casares: reception is open from 8h to 20h. .
  • Specially agreed golf bookings at courses in the area.
  • Excursion bookings.
  • Reservations for restaurants in the area.
  • Organization of Transfer services.
  • Car hire.
  • Receipt and sending of faxes.
24 horas - Other services:
  • 24h security.
  • Communal areas with swimming pool.
Recepción What are the benefits of buying with the Vasari Rental Plan rather than by the traditional method?
Buying a property using the Rental Plan method has a number of advantages, notable among which are:

Services:
  • Equipment: the property comes fully furnished and equipped with household goods, bed linen, swimwear etc.

  • Maintenance: the tourist resort management company is responsible for property maintenance, contracting of services etc.
Financial:
  • Security: you are getting a highly tangible asset, a secure, long-term investment..

  • Profit: The owner, in addition to making a profit, benefits from the increase in value of the property which, over recent years, has been much more positive than any other investment alternative. Property price increases are, in any case, still higher than the IPC in the long term, as a result of which there are profits to be made from property which cannot be said of investments on the Stock Market and other areas.

  • Guarantee: when you buy a home from Grupo Vasari, a top developer on the Costa del Sol, renowned for luxury homes such as those on the Vasari Resort on the exclusive La Alzambra-Vasari residential development in Puerto Banus. The increase in value of luxury properties is much more marked than other types of home.
Why purchase a Vasari property?
Buying a home from Vasari Real Estate is a unique investment opportunity as a result of:
  • The exclusive location of all its developments, in top-quality international tourist areas such as the Costa del Sol which is not just a touristic haven with sunshine and sea but also class, golf, culture and countryside.

  • The purchase of a property located on a luxury development with the best features and a high level of recreational activities available, and the beneficial side-effect of increasing the property’s value.


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