Features

• Beachfront property with excellent facilities
• Excellent design and construction with modern stylish decor maintained by Verandah Resorts Limited
  
• Each villa can sleep four
  
• Normal room rates in Verandah Resort and Spa average $ 640 per night
  
• Appeals to foreign buyers who require personal use of between 2 to 6 weeks in the year with guaranteed return for the rest of the year
  
• Significant tax breaks over conventional real estate transactions, by investment in a preferred share in the resort assigned to a specific villa
  
• No rental income with-holding tax, normally 25%
  
• Non-citizens shareholders license is US$ 2,500 approximately as opposed to US$ 8,000 (5% of the property's value)
  
• Guaranteed income of US$ 6,400 (minimum) plus 1/3 x 1/160th of annual retained earnings of Verandah Resorts Limited tax free
  
• No property management fees, typically 10%
  
• No property insurance, typically 1-2%
  
• No residential property tax
  
• No management charges
  
• No land value appreciation tax, normally 5%
  
• No capital gains tax
  
• No monthly out of pocket expenses associated with other types of real estate investment
  
• Property should command premium prices because of beach front location, exclusive setting and complete package offered to investors
  
  

Amenities