A Worry-Free Second Home: Managed Residences

Having your own place in the sun, in the mountains or by the sea sounds appealing. But if you do not live abroad permanently, there is also a practical side to consider. Who keeps an eye on the property when you are not there? Who arranges maintenance, cleaning or repairs? And what if you want to rent out the property when you are not using it?

For buyers who want to enjoy owning a property without having to deal with everything that comes with it, managed residences are becoming an increasingly popular option. You remain the full owner of the property, while a professional organisation takes care of the day-to-day management. Depending on the project, this can range from maintenance and security to cleaning, guest services and rental management.

Professionally managed

A traditional second home also requires attention when you are not there. In many cases, the property remains empty for a large part of the year without generating any income. From a distance, it can also be difficult to find reliable parties for maintenance, management or unexpected repairs.

With a managed residence, a professional management company takes care of these responsibilities. Depending on the project, the company handles the maintenance and management of the property and arranges everything related to welcoming guests. This ensures that the property remains well maintained and available whenever the owner wishes to use it. Many projects also offer the option of renting out the property when it is not being used by the owner. In that case, the management company also takes care of the practical aspects, from marketing and reservations to preparing the property and looking after guests. This allows personal use to be combined with rental income.

The conditions vary from one project to another. It is therefore important to consider how much flexibility there is for personal use, the costs associated with management, how rental income is distributed and which legal and tax rules apply.

Also available through Qualis

At Qualis International Realty, we see that buyers are increasingly looking for properties where management and services are professionally organised. Our international portfolio includes several projects that meet this demand:

Saas-Fee
In the Swiss resort of Saas-Fee, the offering includes serviced apartments with professional rental options and hotel services. Owners can use their apartment themselves, while the management and rental activities are taken care of professionally.

VIEW PROPERTIES IN SAAS-FEE

Cape Verde
Tarafo Bay Golf & Beach Resort is being developed on Boa Vista. The project offers various types of properties, including managed residences. The hotel operator takes care of the management and maintenance and, depending on the property selected, the rental management as well.

VIEW PROPERTIES IN CAPE VERDE

Sint Maarten
At The Setai Sint Maarten in Indigo Bay, the residences form part of a five-star resort. Owners have their own private residence and can make use of services and facilities including concierge services, swimming pools, restaurants, wellness facilities and professional property management.

VIEW PROPERTIES IN SINT MAARTEN

In conclusion

A managed residence can make owning a second home considerably easier. However, the best choice depends on what matters most to you. Do you want maximum freedom, as little involvement in the day-to-day management as possible, or the option to rent out your property regularly?

Qualis International Realty helps you compare the different options and conditions, so that you consider not only the property and destination, but also how you intend to use it in the future.