Site Management - This is the work that needs to be regularly all year round to maintain the property itself. Site management includes many tasks, but the main ones are: grounds-keeping; generator and desalination plant operations and maintenance; pier upkeep; pool maintenance; oversight of the care of building exteriors and Indigo Homeowner’s Association bill-paying/book-keeping.
Your “Homeowner’s Fee” pays wages to the people who perform the tasks outlined above; common area insurance & power; fresh-water supply to the entire site (including your unit for personal use); parts and service for desalination plant; trash disposal; fuel for generator; tools and chemicals for pool & gardens; annual legal fees for the Homeowner’s Association and annual government pier fees.
Rental Management/Income – A full program for high-end nightly rentals will be promoted and managed by Management Solutions in Paradise. Participation in nightly rental activity is optional – this is your island home.
Basic financial projections for nightly rental management program:
Goal – Rates to average $650 US a night (holiday-high-low seasons). Initial rates will be lower to stimulate start-up.
These rates can be achieved by offering a unique and beautiful property and by insuring that guest services are amongst the finest in the region.
Hotel Tax is paid by Guest, collected & paid to Government of Belize by Ambergris Lake Villas Management.
Business tax of 3% of gross income is paid to Government of Belize on a monthly basis. Ambergris Lake Villas Management will handle all of the necessary payments.
to find out more about the management of the facility, please feel free to contact us at: richard@barrierreefrealty.com
|