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. |
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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.
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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. |
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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. |
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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. |
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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. |
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What
services does Vasari Geshotel offer its tenants? |
All
the properties rented out as tourist homes through
Vasari GESHOTEL offer tenants the
following: |
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-
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
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-
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.
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-
Other services: |
- 24h security.
- Communal areas with swimming pool.
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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.
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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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