FAQs

Monomotapa Village is being developed by the Beekman Group in partnership with Legend Golf & Safari. Having been in operation for more than 40 years, the Beekman Group has extensive experience in South Africa’s leisure and tourism sectors. Monomotapa Village is one of four high-end resort developments that offer lifestyle and leisure property investment. All these resorts are grouped and marketed under the Beekman Managed Portfolio (BMP) brand. For more details on the Beekman Group visit their website at www.beekmangroup.com

As an independent business entity within the Beekman Group, Vacation Management Services, the leading management company in the hospitality industry with over 30 years experience and over 26 resorts countrywide in their Management Portfolio, will be responsible for the day to day running of Monomotapa Village.

Fractional Ownership can be defined as shared Ownership and shared usage of a professionally managed luxury holiday Villa. As the asset is owned by more than one individual, this means your capital investment, risk, and ongoing costs are drastically reduced. You get four weeks per year to access and the dates of the weeks vary each year. To ensure you are kept up to speed on what your dates are, please check the resort calendar on an annual basis.

Monomotapa Village Private Residence Club is the collective name used for all fractional ownership investors. This is for Owners who want more than one week guaranteed holiday every year, but are not quite ready yet to purchase outright. Based on the Fractional Ownership model, the Private Residence Club allows you to purchase four weeks exclusive access to luxury self-catering holiday Villas at one of our various developments.

You are purchasing the right of exclusive occupancy (your "usage time") in a villa for a specific period. Your “share” of the villa in question is determined as two or four weeks ("time") depending on your purchase choice. During the weeks you have been allocated, the entire villa is at your disposal. The purchase price for each of the fractional periods available is determined by the seasonal demand for holiday accommodation at your resort.

Your usage time is the allocated period during which your holiday home is exclusively occupied by you. As a Fractional Title Owner you have two or four fixed weeks per year at your disposal with which to holiday at your chosen resort.

Each owner pays for the maintenance, cleaning and management costs in the form of an annual levy. Included in the annual budget is a provision allowance for a reserve fund, which is required to refurbish the villa on a 7 year cycle, so you can always be sure that the quality of your investment is maintained to a high standard.

All owners who have purchased unit access time at Monomotapa Village will pay an equal share of the annual body corporate levy applicable to the unit owned. The levy is used for the property and administration costs of running and maintaining the resort to the standard that you expect.

Should you wish to re-sell your Fractional Shares you can do so. Fractional Shares can also be passed on to family or friends through a simple transfer of shares process.

Ownership of a Timeshare week in the Vacation Club Chalets allows you to enjoy a guaranteed week long holiday in top class accommodation with full access to all resort facilities. The Ownership is broken into two typed namely Flexi Weeks and Fixed Weeks.

Monomotapa Village Vacation Club is the collective name used for all Timeshare Investors. For those who are more interested in Ownership for lifestyle and vacation time only, there are Timeshare weeks which are offered on both an express offering (12 year Ownership) or for life in perpetuity. Enjoy quality luxury holidays every year at affordable rates. All Vacation Club Chalets are fully self-catering and are serviced daily.

You are purchasing the right of exclusive occupancy (your "usage time") of a holiday chalet for a specific period. The Chalets are fully- equipped for self-catering and your choice of either 2 or 3 bedrooms. Your “share” of the chalet in question is determined as a week ("time"). During the week you have been allocated, the entire chalet is at your disposal. The purchase price for each of the 52 weeks available is determined by the seasonal demand for holiday accommodation at your resort.

Your usage time is the allocated period during which your holiday home is exclusively occupied by you. As a Timeshare Owner you can purchase 1, 2 or 3 fixed weeks per annum.

Each owner pays for the maintenance, cleaning and management costs in the form of an annual levy. Included in the annual budget is a provision allowance for a reserve fund, which is required to refurbish the villa on a 7 year cycle, so you can always be sure that the quality of your investment is maintained to a high standard.

All owners who have purchased unit access time at Monomotapa Village will pay an equal share of the annual body corporate levy applicable to the unit owned. The levy is used for the property and administration costs of running and maintaining the resort to the standard that you expect.

Should you wish to re-sell your Timeshare Ownership you can do so. Timeshare Ownership can also be passed on to family or friends through a simple transfer of shares process.

BMP is a collection of the Beekman Group's luxury resort developments. Once you have purchased one of the holiday homes, either through our Timeshare, Fractional or Sectional Title options, you have automatic access to a range of exciting BMP benefits.

Whether you invested in Timeshare, Fractional or Sectional Title weeks, investing in a BMP property offers great value-added benefits such as:

• Holiday Flexibility through the various Ownership options that cater for all types of holiday requirements.
• Hassle-free Ownership – leave all maintenance and day-to-day issues in the capable hands of BMP.
• A sound investment with an established property group.
• Enjoy exclusive access to all the BMP luxury resorts.
• Exchange to more than 4000 resorts both locally and internationally.
• Opportunity to generate rental income from your investment.
• Enjoy exclusive discounted rates on selected facilities at all BMP resorts as well as local area attractions.

Click here for a detailed breakdown of the terms and conditions to your BMP transactions.

For more information about BMP, the benefits and the various ownership options, please visit www.bmp.co.za.