Guaranteed rental program.
Company Genesis Rawai (hereinafter – the management company) offers its customers real estate management – participation in the program is guaranteed to rent with a supplementary income 4-6.5% per year for 3 years.
Conditions for participation in the guaranteed rental:
- Program Participant guaranteed rental contract with the Management Company (Genesis Rawai Co., Ltd.)
- Plan at 6.5% guaranteed rental villa programs should be available for rental during the period between December 15 and January 31 in each year of participation in the Program. The owner can use the villa on your own for 42 days in any year except for the above-mentioned period, but not more than 2 divided by time periods in different seasons. The owner must notify the Company of the dates of the villa at least 60 days prior to use.
- Plan at 4.0% guaranteed rental program owner can use the villa, at its discretion, any 42 days during the year, but not more than 2 divided by time periods in different seasons. The owner must notify the Company of the dates of the villa at least 60 days prior to use.
- Guaranteed income from the program guaranteed rental is calculated from the base price of the villa (except furniture package), and will be paid every six months, that is, March 1 and September 1 of each year.
- The owner of the villa, participates in a program guaranteed rental, must pay a furniture package provided by Genesis Gold Villa for their villas.
- The owner of the villa will pay the standard monthly maintenance costs, ie management fee settlement, as well as all other owners of the villas.
- The company will be responsible for marketing the villa and provide services as described on the page “Services”.
The management company also offers rental management for owners who want to rent their houses for short-term and maintain the freedom to use the villa as they wish. This service does not provide a guarantee of income.
Expected rental income from a week at this time:
Weekly rental income
(From 01 May to 30 November) US $ 700 or 21,000 Baht
(From 01 December to 15 December 1200 or US $ 36,000 Baht and from 15 January to 15 April)
(From 15 December to 15 January) US $ 2000 or 60,000 Baht
Management company charges a 40% of the revenue.
A long-term lease (for the duration of 30 days or more) will secure, but less.