Originally Posted by Rikki

Hi Vanessa

I have also just received the 08/09 rental rates and the other info. We, and other owners whom I have spoken with, have been advised that the year 1 rental rates are lower than they will be in subsequent years to enable the resort to get bodies through the door to bring in some rental returns asap, and also to establish a client base.
Given that the doors will only be opening on 1st July at the earliest this would seem logical.

We have also signed a 3 year draft rental agreement. Our lawyer is a relative of a friend from home

The resort is moving along very well. The townhouses are virtually completed and landscaping of that area was starting while we were there. The apartments, although not as advanced, are also nearing completion and should be ready by the end of June. We were very impressed with the outdoor pool area and the clubhouse. The pool integrates into the clubhouse balcony area via a large set of curving steps. The clubhouse itself looks huge and I believe will be a major selling point for the resort, differentiating it from other "similar developments". We will be back in late June by which time we will hopefully see a completed development - unfortunately it doesn't look like we will be staying there.

Hopefully meet up with you at some stage in the future

Regards
Rikki