Management programs offered
The owner has a yield that depends on the actual occupancy, the estimate is 4-7% per year with a possible increase according to the occupancy of the apartment. This means that the owner will let his apartment be used by the management company. The owner will be paid 60% of the proceeds and 40% will go to the management company (of this 40% will cover all other operating costs associated with the apartment, marketing, linen change and cleaning). The owner does not pay operating costs during the period when the apartment is used by the management company.
The owner has a guaranteed annual yield of 3-5% of the purchase price of the apartment without VAT. The agreed annual yield is guaranteed by a lease agreement with the investor for a period of 3 years, or by an agreement for another period. The owner submits the apartment to the management company for year-round administration. The owner does not pay any additional fees associated with the operation of the apartment, all costs are borne by the management company.
The owner self-occupies the apartment and uses the apartment without restrictions with year-round management services for a fee.