Fixed net rental income for 6 years

Leaseback

1. Annual rental income of 4% of the property purchase Price for the first 10 years;
2. The hotel operator will be responsible for providing the furniture and rental pack. They will also cover the charges of property insurance, condominium charges, utilities, outgoings and all maintenance until the end of the lease;
3. The owner will be entitled to use the property for 3 weeks per annum high season and up to 3 weeks low season;
4. All properties at Martinhal are freehold and the owner is entitled to sell their property during the period of the agreement;
5. Exchange Service to other Martinhal properties (T&C apply).

The long stay winter usage option:

• Free owner usage from November until end of April
• There is no owner usage May to October
• 4% return,
• Condo fee paid by Martinhal
• Utilities during owner stay are paid by the owner

Pause Clause (Personal Usage Option)

Allows the owner to temporarily pause the leaseback for personal use.
The pause duration is added to the end of the lease, preserving the full 10-year term