Guaranteed Annual Yield (GARP)
Guaranteed Annual Yield is for property owners who want fixed and predictable monthly returns.
Under this model, Propkeys agrees with the property owner on a specific monthly amount to be paid for the use and management of the property.
This means that once the agreement is signed, the property owner receives the agreed Annual income whether the property performs above expectations or below expectations in year.
How it works
- Propkeys inspects and evaluates the property
- A fixed monthly income is agreed with the owner
- Both parties sign a formal agreement
- Propkeys takes over the full management of the property
- The owner receives the agreed annual payment
What This Means for the Owner
- Whether the property is fully booked or not
- Slow periods in the market
- Both parties sign a formal agreement
- Marketing and promotions
- Daily operations and maintenance coordination