You may often wonder why villas are so many and various rates. This is simply because the majority of villas are privately owned, in fact on this web site they all are. The reason why is much more complex.
So many factors come into the equation: the number of rooms, the number of bathrooms, pool or no pool, private pool or communal pool, on a complex with other amenities such as a club room and playground, gated communities and local private areas. All of these, plus location are the most basic of reasons for the difference in rates.
It is not like The Holiday Inn which just has set rates for set identical rooms, they are all different. Even if an owner has more than one villa they will never be identical.
Owners have a lot to take into consideration when pricing their villas. Some just buy them specifically for rental and these will be quite basic. Others buy them to use themselves and to rent when they are not using them, so will make them more comfortable and luxurious. Then there is what the villa has to offer. Games rooms, hot tubs, spas, baby equipment, BBQs, wide screen TVs, DVDs, upgraded TV channels. Some have all of these, some have some of these and some have none. Already you can begin to see how different they all are. The more a villa has to offer, the more expensive it will be as it does cost a lot of money to keep up high standards.
You may find one or two villas exceptionally higher priced than others. These will be the ones that have all the amenities plus many extras. They will usually have higher quality bed linens and towels, bathrobes for the pool, better quality furnishings and fittings, better quality kitchen wares and more kitchen gadgets.
Owners have to take a lot into consideration when pricing their villas. Not just the general running cost of electricity, gas and water, but insurances, cable TV fees, telephone, licenses, taxes, community charges, home association charges lawn care, house management fees, spring cleaning, maintenance, repairs, re-decoration, pool cleaning and maintenance, advertising and a contingency fund for emergencies like broken pool pump or having to replace a washing machine etc.
All these calculations have to be worked out and then what amenities each owner has to offer are added into the equation. Some villa owners do not expect to turn a profit, they just want enough to cover all of the above plus some profit to use for re-decoration and replacements. There will always be something each year that has to be replaced or repaired.
I hope this has gone some way to explaining the rate differences.
So many factors come into the equation: the number of rooms, the number of bathrooms, pool or no pool, private pool or communal pool, on a complex with other amenities such as a club room and playground, gated communities and local private areas. All of these, plus location are the most basic of reasons for the difference in rates.
It is not like The Holiday Inn which just has set rates for set identical rooms, they are all different. Even if an owner has more than one villa they will never be identical.
Owners have a lot to take into consideration when pricing their villas. Some just buy them specifically for rental and these will be quite basic. Others buy them to use themselves and to rent when they are not using them, so will make them more comfortable and luxurious. Then there is what the villa has to offer. Games rooms, hot tubs, spas, baby equipment, BBQs, wide screen TVs, DVDs, upgraded TV channels. Some have all of these, some have some of these and some have none. Already you can begin to see how different they all are. The more a villa has to offer, the more expensive it will be as it does cost a lot of money to keep up high standards.
You may find one or two villas exceptionally higher priced than others. These will be the ones that have all the amenities plus many extras. They will usually have higher quality bed linens and towels, bathrobes for the pool, better quality furnishings and fittings, better quality kitchen wares and more kitchen gadgets.
Owners have to take a lot into consideration when pricing their villas. Not just the general running cost of electricity, gas and water, but insurances, cable TV fees, telephone, licenses, taxes, community charges, home association charges lawn care, house management fees, spring cleaning, maintenance, repairs, re-decoration, pool cleaning and maintenance, advertising and a contingency fund for emergencies like broken pool pump or having to replace a washing machine etc.
All these calculations have to be worked out and then what amenities each owner has to offer are added into the equation. Some villa owners do not expect to turn a profit, they just want enough to cover all of the above plus some profit to use for re-decoration and replacements. There will always be something each year that has to be replaced or repaired.
I hope this has gone some way to explaining the rate differences.