Invest, Relax and Earn on your own apartment
You may entrust your apartment to a professional management company Sun & Snow, in order to generate income on lease.
Genfer Homes and Sun & Snow
Genfer Homes in cooperation with Sun & Snow offers its customers an innovative and favourable long-term deposit – an investment in an apartment ready for lease. Having the opportunity to relax and derive income from lease of one’s own apartment, the purchaser benefits twice.
With us, you earn not only due to the growing value of the real property. When entrusting the apartment for management when you do not use it, you earn on lease.
One investment – many income sources.
Genfer Homes builds prestigious Casa Marina apartments situated by the seaside, putting a special emphasis on the architecture, finishing standards and material quality. However, our product includes not only the apartment – it also includes its professional service on behalf of the customer. Due to that the Purchaser generates income on lease, without engaging in the management, and in addition you may spend your free time in your own apartment whenever you feel like doing that.
The idea:
- holiday in your own apartment
- permanent income on lease
- increase in the investment value
- luxury hotel standard
Entrusting Sun&Snow with the management of the apartment, you may be sure that your investment works for you when you are not here. This is an innovative approach to management of luxury apartments. It satisfies the need to have the “second home” or a “summer residence” in an attractive tourist location.
The owners use their apartments within their own scope, in the period specified and reserved by them. In the remaining period, the professional company Sun&Snow, which shares the income on lease with the apartment owner and covers other costs, takes care of the lease of the apartment.
The income on lease enables the owners not only to cover the costs of maintenance of their “summer apartment”, but is also an additional source of income, apart from the increase in the real property value. Individual investors buying the apartments are interested, in particular, in increasing the capital invested. Sun&Snow’s effective apartment management guarantees high occupancy ratios and customers’ loyalty, and the brand recognisability translates into the increase in the value of the apartment.
The solution involves:
- combination of an investment model with benefits derived from an attractive apartment
- an investment in safe assets generating good financial results
- you do not have to care of the maintenance of the real property in good condition
The customers deciding to buy a luxury holiday apartment usually have only a few opportunities to use it (holiday, feasts, weekends) and therefore they come to the conclusion that it would be good to lease it and let it generate profits. The apartments fulfil two functions – for their owners they are a summer residence, and for the guests they are a form of comfortable accommodation in attractive tourist locations.
The professional lease programme and attractive guest packages guarantee a high occupancy ratio, which will translate into the investment success. The service offered by Sun&Snow is a response to the demand for professional summer apartment management and effective tourist acquisition. The owner rests in the apartment at a convenient time and at the same time, he/she earns on lease in the remaining period.
About the operator
Sun&Snow is a dynamically developing company, which was established in cooperation with the international developer Kristensen Group and a consultancy company CEE Property Group. The founders have many years of experience in the branch. The apartments offered by them are situated in the most fashionable resorts and are fully prepared to meet the customers’ expectations. The operator’s goal is to maximize the occupancy ratio during the whole year, also outside the season.
Sun&Snow guarantees a comprehensive high quality service of your apartment and promotion of the apartments entrusted in a wide number of electronic media as well as among tourist agencies.
When entrusting your apartment to the professionals, you may be sure that the lease profitability will be as high as possible.
What are the distinctive features of Sun&Snow ?
Sun&Snow offers professional management of lease of summer apartments reaching not only the tourists across Poland, but also abroad. It ensures maximum income on the real property and a possibility of viewing the booking systems, and estimating the profits. Sun&Snow proposes understandable and clear cooperation terms and conditions. It handles only unique and carefully selected apartments located in new buildings. It checks the apartments in every respect, because things that count include the long-term cooperation, lessees’ satisfaction and high profits for the owners. If it is necessary to carry out any repairs, Sun&Snow will assess the losses and will remove the failures. Due to our solution, you do not have to look for a specialist on your own and waste your time on failure removal. Quick respond of Sun&Snow also guarantees the minimum lost profits. By offering the guests the highest quality service, the operator always makes sure that they arrive at comfortable apartments. Sun&Snow guarantees a comfortable stay and permanent contact with a service representative in the building. Furthermore, it offers practical assistance in getting to the apartment and complete information about the building, surroundings and how to spend time. Sun&Snow has a professional booking system; it has the necessary experience and qualified personnel to handle the customers. The system enables to equally divide the lease income among the apartments of the same type.
Within the framework of the cooperation, Sun&Snow guarantees:
- administrative management
- technical management
- legal service
- profit reporting
In addition, Sun&Snow offers and guarantees:
- a comprehensive lessee service (from booking to settlement)
- apartment quality control on the day of arrival and departure
- settlements with the owner on the basis of the accounting documents
- several furnishing and fitting packages
- attractive real property insurance offers
Sun&Snow's marketing activities include:
- own distribution channels
- promotional activities on a large scale
- cooperation with tourist operators
- comprehensive on-line advertising
- direct booking points in the largest cities
You may be sure that Sun&Snow is fully aware that it is in our mutual interest to generate the greatest profits on your real property.
Lease profitability analysis – Casa Marina – apartments by the seaside
The apartments managed by Sun&Snow enjoy greater occupancy ratios that hotels and boarding houses. Currently, in the projects managed by Sun&Snow, the occupancy ratio reached 50% in spring and autumn and nearly 100% in the holiday months.
In the case of the Casa Marina project, the annual profitability of lease organised by Sun&Snow is estimated at 8.5 % per annum on the basis of results for the 1st half of 2009 , including the marketing and service costs. In the case of a 45 square meter premises for PLN 450 000 net, it corresponds to a profit for the owner accounting for approximately PLN 30 000 zł in the first year and an increase to PLN 54 000 in the fifteenth year,which results in a total lease profit over 15 years accounting for approximately PLN 636 000. In the case of an apartment with 55 m2 for approximately PLN 550 000 net, the profit for the owner accounts for PLN 36 000 in the first year and increases to PLN 65 000 in the fifteenth year, which results in a total lease profit over 15 years accounting for approximately PLN 861 000.
The accumulated profit over 15 years on the apartment lease and increase in the apartment value (for the purpose of the analysis, 2% a year were assumed) will account for PLN 1 230 000 for the smaller apartment and for PLN 1 587 000 for the larger apartment.
The offer is addressed to:
Individuals and companies looking for a safe investment; to those who have available funds and striving after investment portfolio diversification, they look for a tool ensuring the greatest profits with high security ratio.
Is it a good solution?
Private apartments purchased with a guarantee of service and profits are a unique investment opportunity, but not for everybody. The offer is addressed to those who care about the prestige and luxury combined with investment security ensured by attractive real property. If you plan to use your apartment as the “second home”, “summer residence”, the system may turn out to be a great investment since:
- you have a first class holiday real property in an attractive location – when you are absent, the operator will take care of the lease, maintenance and management
- you will be satisfied with the lease income, which will not only cover the maintenance costs, but with a sufficient occupancy ratio, it will be an additional source of income, apart from the increase in the real property value.
It is easier to sell a well managed apartment in the secondary market than an ordinary flat, because the purchaser buys not only the real property, but the whole ready investment model.
Should you have any questions, please do not hesitate to contact us:
SUN & SNOW Sp. z o.o.
Al. Niepodległości 69, VIp.
02-626 Warszawa
tel. +48 (22) 322 75 11
fax +48 (22) 322 76 11
e-mail: biuro@sunandsnow.pl
http://www.sunandsnow.pl/en/