Regarding rental companies if anyone is interested I have had this reply from one called Blue Sky Rental who will be/are based at Saidia (who feature on saidiavacations) giving a rough idea of what they charge to manage your apartment.

"To answer your questions, if you were to hand all arrangements over to us we would aim to keep your costs as low as possible. Our basic fees are a one off administration charge of 1500 euros, which covers the cost of getting you set up, the key handover and initial advertising of your property. After that we ask for 20% commission per rental and our cleaning and maintenance services are charged by the hour. We have found that one of our most effective points of advertisment is the company's strong links within the golfing fraternity. Our properties are available worldwide for rental. At this early stage, we are unable to offer a rental guarantee, however we aim to have these in place as the resort grows. Regarding your utility costs, our office will forward all bills to a preferred UK address, but we are unable to accept responsibilty for the payment of said costs. If you are looking to make use of the property yourself, simply advise our office 2 months prior to the date you require the property to be vacant and this will be arranged for you".

Ive seen a basic outline of the guaranteed rental option that Azur are offering - i.e. guaranteed 5% per year for 2 years payable quarterly at 1.25%, and they pay ALL costs involved (e.g. service charge/utilities) and as owners we get 4 weeks a year for personal use (just have to pay utility costs for those weeks).

What are other owners thinking of doing? Going with Azur or giving it a go themselves or signing over to an independant rental company? At this stage we are leaning towards signing up for 2 years with Azur. One reason is that these are due to be completed in Jan 2009 and its going to be a good while longer before this site is totally finished and really takes off - so I think it could be hard work generating a good rental income for the first year or two if we try and market it ourselves. So for anyone on a tight budget who needs to minimise expenditure for the next 2 years (like us) maybe the Azur deal is best..?