An apartment? No thanks, I'll take the whole village

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16 Jun 2007 12:00 AM by erinjake1 Star rating. 61 forum posts Send private message

Anyone been dealing with the rental dept? have emailed them several times about what total percentage they take from income and what that includes but no response! Anyone else gonna use them for marketing?
Has anyone put a solarium in/ what about maintaining when vacant? are there cheaper options to Roda extras?
We have reserved on Phase 4. Good to see updated construction photos on website!

Nicky and Jeff


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17 Jun 2007 8:03 PM by lp Star rating. 39 forum posts Send private message

If you are going to use Roda to rent your apartment I understand that you have to take the full Roda furniture package which appears to be good value and reasonably hardwearing. It includes absolutely everything from knives and forks to bedclothes to pictures on the walls. I understand that they will only be marketing their own rentals and are fully subscribed on Phase 1. I don´t know if they are taking on any more in Phase 2 or higher. 

As regards the solarium I am not sure exactly what you mean -a conservatory type construction, glassed over patio or what the Spanish call a solarium which is like a pergola on the roof -  but no matter which you refer to you will have to wait to consult the by laws for your Phase of the development as the by laws of Phase 1 certainly prohibit any additions to the properties without the approval of the community and even then you are very limited as to what you can and cannot do which is understandable if the development is to remain as planned. We are on Phase 1 and got a copy of the by laws when we signed for our apartment and they explain almost everything that is allowed and not allowed in Roda.

Like everything you will no doubt find cheaper extras than what is provided by Roda but you have to weigh up the effort of shopping around coupled with the need to be out in Spain at your property to have things delivered etc. We have used Roda for the air con etc and found their service and back up to be first class and as we could confidently leave the keys with them -without any effort on our part. Of course you also have the added benefit of an after sales team on site which is very convenient if you either rent your property or just use it yourself as the back up is always there.     




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18 Jul 2007 1:51 PM by amazon00 Star rating. 42 forum posts Send private message

Hi, does anyone know the % that Roda's rental Dept are taking, also does it include all the cleaning between rentals? They don't reply to e-mails !!!


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18 Jul 2007 4:57 PM by erinjake1 Star rating. 61 forum posts Send private message

They seem to be charging 33% of the gross rental income which doesn't include spanish income tax charges! I have questioned then several times with no straight answers, We were told at time of deposit that rental charge would be 25% but the figures are different. Try contacting rentals department or see if anyone on this site is using their services already!

Nicky and Jeff


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18 Jul 2007 5:59 PM by PAB04 Star rating. 24 forum posts Send private message

 

We  have an apartment on phase 1 in the Calidona rental network, 

Cleaning  and laundry is paid for by Calidona as part of the rental agreement,  the exception is when you use  the property yourself, then you pay..  be aware that laundry charges are not included in the basic cleaning package.  That leaves the owner paying all utilities  and community charges.    

Generally the furniture and package they install is good enough,  the whole process including the air conditioning has been pretty good and if there have been the odd issue, the reponse has been very good and   trouble free.          I  suppose from a purely financial point of view,  its not the best use of your hard earned cash,  but it  does for us.      

I don't have the figures to hand but from memory ,the rental department take approximatly 17 % IVA / VAT ? out of  the final settlement,  they also take an additional 4% or 5% by way of tax for the spanish government, unless you can prove your Spanish tax affairs are in order.  ( Robbers in suits )  Payments for rental income from calidona to the owner are made  every 3 months.   I'll let you know if I ever manage to get any money out of this system ?  as for profit ? buy shares in Calidona,   I'm off to buy a lottery ticket .

Paul  Beyer    




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19 Jul 2007 10:39 AM by erinjake1 Star rating. 61 forum posts Send private message

Dear Paul,

Thanks for the info! what is their management fee then, is it really 33% in total? what about spanish income tax then? It doesnt seem to leave alot of income for you at the end of the year!
Did you have a choice of furniture? do they negotiate on the pack price?

Nicky


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19 Jul 2007 6:32 PM by PAB04 Star rating. 24 forum posts Send private message

Hi Nicky

Calidona have no management fee as such,    an owner has a rate of return from Calidona for the use of the property,  they have  the usual 3 rates,   high low & mid,  the rate also varies as to the property  i.e. penthouse gets a greater return than ground floor etc....      Calidona  make money on the split between the charge they make and the monies they pay the owner.     In simple terms Calidona will pay an owner  E 500  per week and charge the tour company  760.   In fairness  they are trying to sell a complete package holiday with golf included, this varies from 2 or 3 day breaks    to more conventional week at a time holidays.        I also believe they might have a market for long term rentals,   the rates  for such rentals would be negotiable.             an owner signs the property over to  calidona for 12 months,  keeping   8 weeks aside for your own use .    you can change  owners booked dates at 8 weeks notice.          You will need to contact        Elisa Ramon  for any  further information.

You have no choice of furniture,    try and negotiate a reduction,  and dont  tell us if you succeed.

good luck

Paul

 

 

 




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20 Jul 2007 9:04 PM by whittle Star rating. 68 forum posts Send private message

Hi everyone.

Just a comment. The reason why Roda will only use rental apartments who use their own furniture package is because they buy from one major source. If anything needs replacing because of damage or whatever reason they know that they can get a replacement immediately. This is not always possible to do if you provide your own. Maybe they will provide a better range in the future. The setees are not very nice. The material seems very cheap.




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04 Aug 2007 2:21 PM by arky25 Star rating in erskine, scotland. 351 forum posts Send private message

arky25´s avatar

another reason we were given as to why roda use their package for rentals is that when their maids are cleaning (also a requirement) they will only need 1 itinery to check for breakages/replacements etc which will make their job more efficient.

they are also advertising with large tour operators and have to supply standard photos with minimum specs.

we decided to go with rodas package.



_______________________

 

www.roda.250x.com   OUR APARTMENT



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