Condos & Villas The Point at Petite Calivigny

Details & Pricing

FREEHOLD Whole Ownership Single Title (CBI)

The Point at Petite Calivigny Condos & Villas

  • Only 5 units available
  • CONDO (Price USD 835,00$* + Conveyance / Registration USD 37,500$) 
  • Total: 870,908$
  • VILLA (Price USD 2,500,000$* + Conveyance / Registration USD 120,830$) 
  • Total: 2,620,830$
  • Single title owners can allot certain time slots per year into the rental pool where the property can earn them income while not in use by owner. 
  • Single ownership offers an attractive rate of return
  • * Includes Citizenship for a family of up to 4 persons (2 adults and 2 children under age of 17)

OWNER RETURNS

  • All available villas and condos at The Point at Petite Calivigny become part of the hotel rental pool. 
  • Owners will receive a percentage of the revenues less specific deductions (see operating costs below). 
  • Revenues are paid annually to owners when the residence club has reached stabilized operating status which is expected to be one year after opening.

The cost structure and distribution model is as follows:

Operating Costs - South Condo (Single Title) BEAU JARDIN CONDOS

• With whole ownership, investors can choose to place all or a portion of their property into rental pool

• An amount equal to 20% is deducted from the gross operating income which is used to pay booking agents and commissions

• An amount equal to 20% is deducted from gross operating income which is paid to the hotel management company

• 60% of net rental revenue is returned to owners who put their unit into the rental pool. Estimated returns (based on a stabilized occupancy rate of 65%) are projected to be 6.5% per year

• Owners are assessed an annual Homeowners Association ("HOA") fee which covers resort operating costs and maintenance reserves

• Rental rates are projected at USD$600 - $800 per night (low / high season)

Operating Costs - Antibe Villas (Single-Title)

With whole ownership, investors can choose to place all or a portion of their property in the rental pool

  • An amount equal to 20% is deducted from the gross operating income which is used to pay booking agents and commissions
  • An amount equal to 20% is deducted from gross operating income which is paid to the hotel management company
  • 60% of net rental revenue is returned to owners who put their unit into the rental pool. Estimated returns (based on a stabilized occupancy rate of 65%) are projected to be 6.5% per year
  • Owners are assessed an annual Homeowners Association ("HOA") fee which covers resort operating costs and maintenance reserves
  • Estimated returns (based on a stabilized occupancy rate of 65%) are projected to be 6.9% per year
  • Rental rates are projected at USD$1,000 - $1,400 per night (low / high season)


HOA FEES (Home Owner Association)

Capital Expenditures

  • Roof Replacement
  • Painting - Interior & Exterior
  • Parking Lot Resurfacing
  • 5-Year Furniture Replacement
  • Security Systems
  • Gym Equipment
  • Road Maintenance
  • Marina Maintenance

Operational Expenses

  • Personnel & Property Management Systems
  • Security
  • Maintenance & Landscaping
  • Housekeeping

Personal Expenses

  • Gas
  • Waste Treatment Facilities
  • Electricity
  • Water
  • Insurance - Property Insurance
  • Pool

Services Available to Owners

  • Fully managed property
  • Concierge service - a dedicated team of individuals who will help the owner plan their stay or assist with information and services they may need while staying on the property. Cost of booked services are not included
  • Access to gym, beach bar, yoga and spa facilities
  • Access to beach and non-motorised water sports (kayaks, paddleboards, snorkel and fishing gear)
  • Maintenance team on-site to take care of repairs
  • Access to marina jetty and berthing at reduced rates if owner has a boat or yacht