[LivinLOS]

A Lot of the most expensive places have a guaranteed rental program where you agree to rent it through thier holiday rental scheme and they then guarantee a % return on your investment for a couple of years..

When I looked at most of these things it looks to me like they have usually higher than usual prices so they can afford to give 8% for 3 years for a total of 24% but amortized over time and inflation etc back.. They then rent it but they still made the 76% initial sale no matter what.. When small apartments are priced in the 4 / 5 million range and up (a long way up) there may well be enough room to worry about making extra profit out of the rental later.. even a 76% sale is still a immediate sale..

Plus they still will levy the management fees on you over time (quite a profitable little busness in supplying gardeners and maids, and watch your unit per electric and unit per water).. I remember when I studies the Villa Santi deal for someone thinking that the management fees would be coming in at over 25k per month even after you have bought your home..