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Harbour House Villa U.S.V.I. - Buyer Information - Page 3 of 3 |
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Rentals (Cont'd) |
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The income and occupancy levels of a home are influenced by a variety of factors including accessible location, number of bedrooms, view, and amenities such as a pool or hot tub, air conditioning, or beach access. The price charged can vary from $2,500 to $50,000 per week with prices decreasing slightly in the off season. On average, you can expect a successful rental home to stay rented 36 weeks or more per year.
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What do Rental Management Companies Do and How Much Do They Charge? What is the Best Rental Management Company? |
For the off-island owner, a good rental management company is a must. Their fees are generally 20% of rates and can include advertising and booking, handling the deposits and payments, arranging for a rental car and an island tour to the villa. Water, cable TV, telephone, propane, insurance, exterminating, homeowner association fees, and taxes are usually extra. Overall a home owner might expect to net between 40-60% of their gross rental income after commissions and expenses are paid.
All of the rental management companies on the island do quality, responsible work. You can and should shop around to find the one that is right for your house.
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Harbour House Villa U.S.V.I.
United States, Virgin Islands
Great Cruz Bay, St. John
(850) 217-8918
Sales@HarbourVillaUSVI.com
Virgin Islands, St. John -Real Estate - Private Residence Offered For Sale - $3,700,000
"A Luxurious Property
for the Discriminating Buyer"
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