For villa owners who wish to recuperate their investment by renting out their villas, Anchan Villas Holiday (AVH) provides a five years fixed guaranteed rental income.
A guaranteed rental income of 6% per year of the final selling price of the property for 5 calendar years.
Complimentary 30 nights stay per year (Free utilities).
TERMS & CONDITIONS:
No modifications to the design or finishing materials will be permitted.
Owners are required to purchase the standard Furniture Package and Rental Accessory Package.
The Rental Agreement will be effective for 5 calendar year from the date of transfer of the property.
The rental income will be paid twice a year.
The complimentary night’s stay per year 30 nights will be calculated in point system, every year there are points to use.
Peak Period : 20 December - 28 February (1 night x 3 points) High Period : 1 - 19 December, 26 February – 30 Apr, 15 July – 15 August (1 night x 2 points) Normal Period : 1 May - 14 July, 16 August - 30 November (1 night x 1 point)
The complimentary stay must be booked at least 90 days in advance.
In case owner’s property is occupied during the desired booking period, an alternative property with an equal or a higher standard be arranged by Anchan Villas.
Owners shall be responsible for maintaining the structure, gardens, pool and associated Common Area of the property in good order.
Anchan Rental Management shall be responsible for the replacement/repairing of any items damaged by any tenants.
Upon the end of the Rental Agreement term, Anchan Rental Management will restore the property to its original condition excluding normal wear and tear.