The thought of owning, managing and worrying about an out of country vacation property can be a bit daunting for many prospective buyers. It doesn’t have to be however, there are low maintenance properties that offer the same great perks as a detached home. Let’s take a look at one great example in the Turks and Caicos.
Fully Managed Condos and Villas
The Gansevoort in the TCI is the perfect condo hotel for those wanting the resort feel when they vacation. These condo units are glorified hotel suites, ranging in size from studios all the way up to 3 bedrooms. Everything from the linens to the cutlery is taken care of by the hotel, meaning all you need to care about as an owner is cashing your checks and booking your stays.
The Gansevoort Villas on the other hand are ideal for those looking for the detached home experience. They come in 4 and 5 bedrooms, and have a great oceanfront location. Although these homes are fully detached villas in every way, they are still run as a fully managed vacation property by the Gansevoort, taking the hassle away from the owner.
More than a Vacation Property
These properties are more than a simple vacation property, they are a great investment! Every month you will see a return on your investment, making this not only a great place to relax, but a great place to park your money.
Not only are these a great investment, they are an easy to finance property. Lenders know how well these properties do, so they are a low risk loan for them. Talk to us today about our financing options on fully managed vacation properties.
