Each unit is owned individually and it is obligatory to place the unit into the hotel rental pool. The hotel will be managed and operated by the management company which is a subsidiary company owned by the developers. The hotel operation has been functioning since November 2006 utilizing the 15 units in the completed Block D and occupancy has exceeded expectation. Each unit is owned freehold and the owners have the right to sell at any time.

Owners are entitled to six weeks usage in a calendar year, three of which must be taken at non-peak time. All cost associated with the running of each unit will be absorbed by the Rental Management Company and profits will be distributed on a pro rata basis based on the level of your original investment.

Purchasers not only have the benefit of staying at an upmarket beachfront hotel for six weeks every year, they have no property management expenses, no additional costs and they get an annual return on their investment. They should also expect significant capital appreciation at this attractive beachfront South Coast location.

As part of the purchase package owners buy into a standard furnishing package and subsequent replacement furnishings are also funded out of the rental management expense budget.