Fixed rent
We pay you an rent every month.
- If it goes loose
- We did.
- Fits if
- That's true.
We check whether the building works as a tourist accommodation and if it fits, we have an entire operation: a price, a cleanup and a report.
The building, its views to the Alcázar and a living room after the Reformation. Real photos (@ delocromedia).
Three historic resort apartments, refurbished and operated by us for a family group. Prices, reception, cleaning and maintenance, all with one equipment.
Each month they get a report with every euro per channel, every repair with their invoice and inventory a day.
Example to understand the method, not a concrete building. Each item shall be replaced by actual data.
In this example, 51.000 € are operational NOI and, after a 9.000 € reservation, remains 42.000 € before debt and profit tax.
A didactic example, not a projection or a promise. It does not include financing, profit tax and initial investment. Method profitability of a tourist building.
What changes is who takes up a weak season. We put that in writing after we checked your building.
We pay you an rent every month.
That's what you get, but our commission.
A minimum package and a variable share.
The amount, duration and expenses included are entered into each building's contract.
A single-title building can coordinate the operation and avoid relying on a vote between different owners. That does not guarantee the use of tourism: we have to check the planning, the regulations of tourism, the status of the property and the licences of the concrete asset before buying or operating.
The permitted urban use, the licence and the registration, the title and the statutes, the technical status, the necessary investment, the operating obligations and contracts. The exact requirements depend on location, category of accommodation and intended project.
The actual income with a justifiable employment and a fee is estimated, recurrent operating expenses to get the NOI are counted and then the reserve for spare parts, initial investment, debt and gain taxes are incorporated. A general example explain the method but the decision requires the asset data.
It can be financed but conditions depend on the asset, license, cash flow, guarantees and criterion of each entity. Bliss can order operational data for analysis and the debt proposal is valid by the project financier.
The location, number of units, current use, available documentation, status, historic income and costs if available and target of the owner or buyer. That review serves to identify missing data and to decide whether a more detailed analysis should be established.
Hector or Eugenio responded to you, not a commercial.
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