What exactly am I purchasing?
By purchasing a share, you become a co-owner of the company that has building rights on the hotel and are entitled to use your selected apartment.
What happens if I submit the “book without obligation” form?
Submitting the form does not create any obligation to purchase. It simply allows us to provide you with more information, answer your questions, and keep you informed about availability and future steps. You can withdraw your interest at any time without any commitment.
Who operates the hotel?
Castau Residences d.o.o. or a professional operator will manage the hotel under a contract, with all decisions being transparent and available to co-owners.
How do I earn rental income?
All income goes into a joint fund, after which it is distributed proportionally to shares, minus operating expenses.
What is the expected annual return (ROI)?
The expected net ROI ranges from 7% to 10% annually, depending on the apartment type and occupancy rate.
What if I want to sell my share?
You have the right to sell your share with prior notice to the company. There are internal buyback options or third-party sales, in accordance with the agreement.
Are all costs transparent?
Yes, all maintenance, management, and tax costs are shown in quarterly and annual reports.
What does the operational fee cover?
It covers cleaning, reservation management, reception, technical maintenance, promotion, and administration.
What are my tax obligations?
As an individual from the EU or a third country, you are subject to local tax laws. However, most of the income is passive income (details available upon request).
Is the project legal and secured?
Yes. All investors receive bank guarantees for their payments and have the right to access all contracts and business operations of the company.
Do I have personal rights to use the apartment?
Yes, you have the right to use the apartment.
Can I use the apartment privately, without participating in the hotel rental program?
Yes, you may use your apartment independently, outside of the hotel rental program. In such case, you are responsible for covering utility costs (electricity, water), maintenance of shared areas, and other operational expenses.
If I buy an apartment but choose not to rent it out, can I still use the pool, sauna, and gym?
Yes, as a co-owner, you are entitled to use all shared facilities such as the pool, sauna, and gym regardless of whether your apartment is rented out or not.
“WHERE THE HILLS MEET THE SEA”
