Ocean Club Management LTD. (OCM LTD.) whose main function is short-term rentals.
OCM LTD. is funded through a 40/60 split of the rental income, the owner receiving 60%.
Marketing, Sales, Guest Service, housekeeping-Laundry, Front Desk-Administration, and on-site, 24-hour, Maintenance & Management.
No, it is the owner’s discretion as to how much time is used by the owner or his guests, however, extensive use will affect net rental income.
Yes, you will receive a detailed listing of all furnishings.
Yes, you may enter into a maintenance-only agreement.
The Strata Corporation is similar to a Condominium Association. It is the entity that holds and maintains the buildings and common areas of which each owner is a proprietor.
You may wish to employ an attorney but it is not a requirement.
There are no property taxes in the Turks and Caicos Islands. In addition there are no income, capital gains, corporation, or inheritance tax. There is a one-time, stamp-duty fee of 9.75% on all purchases of property.
Yes, through local banks and private investors
Ocean Club markets to the General Vacationers, Divers, Honeymooners, Golfers, and Fishermen. We also work with International Travel Agents, Tour operators, and Wholesalers.