Topic: Baobab Forum
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Hi all, we are thinking about moving to Tenerife soon. What kind of capital gain can be expected when the property is put up for sale again?
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We have very high expectations, especially for the (middle- and) long period, as by then the good reputation and results of Baobab will be more than known. We are certainly expecting a rise between 5 and 10% per year. We have obviously also taken great care in offering great payment facilities to maintain the formula payable. So, for a top of the range property with an excellent situation and an interesting price with very appealing payment facilities.
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In what does the Baobab Resort differ from other complexes?
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The difference is that in Baobab we offer all owners a professional rental management service for short and long term rentals. In other resorts this is impossible! Purely residential complexes have the problem that for short periods (less than 3 months), when the owner is not present, the property cannot be rented out legally. Also, there are no cleaning services nor maintenance services provided. This kind of property will obviously not get such a high benefit because of having your property empty during your absence. In the Baobab Resort a professional rental service company will take care of all rentals, and will offer a full maintenance and cleaning service to the owners as well.
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Hi guys, when is this project up and running?