Rental poolAn owner is welcome to use his fractional ownership for his own use. Some owners, however, might wish to maximize their investment return by placing their week into the resort rental pool. This is then
rented out on the owner’s behalf by the resort management team and the owner is paid a rental pool dividend. Rental pool income is calculated on a monthly basis, and the nett distribution is paid out after deduction of direct costs and a management fees. An owner does not have the risk inconvenience and costs associated with doing your own private rentals. In addition the marketing of the property is handled by the resort management team which is supported by the local and international marketing network of Legacy Hotels and Resorts.
Maintenance of rental pool properties
For rental pool properties, the visual appearance and quality of the interior and exterior furnishings and fittings is required to be in line with that of the hotel. As a commercial accommodation provider, this is essential in order to maximize the property’s rental rate and frequency of rental. The cost of required refurbishment is to be borne by the owner, and the refurbishment is to be undertaken by the resort management company in order to maintain a consistent design and a standard quality of accommodation within the resort.
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