1.) Payment and Cancellation Policies for Rental Properties:
Apartment No. 26 – No. 40 – No. 51 – No. 58
Residencial Balcon de Cotillo (Apartments)
Address: Urbanizacion Los Lagos, 35650 El Cotillo (La Oliva) FUERTEVENTURA Spain, Canary Islands
2.) Payment Terms:
50% of the calculated rental price including incidental rental costs must be paid no later than 7 days after written confirmation of reservation from the landlord. 25% of the calculated rental price including incidental rental costs 8 weeks before the start of the rental period. 25% of the calculated rental price including incidental rental costs and the security deposit 14 days before the start of the rental period. The day of rental corresponds to the planned arrival day.
3.) Cancellation Terms:
In the event of the tenant canceling the rental property, the following cancellation fees or processing fees apply:
Cancellations more than 6 months before the start of the vacation – flat fee of 100 €.
6 months to 3 months before the start of the vacation – 30% of the booking value.
3 months to 2 weeks before the start of the vacation – 80% of the booking value.
In the last two weeks before the start of the vacation or in the case of early departure – 95% of the booking value.
Exceptions apply to cancellations caused by CoV-19 for current bookings.
4.) Security Deposit:
With the third installment, the tenant pays a security deposit of 300 € to the landlord. In case the security deposit is not utilized, it will be refunded to the tenant within 10 days after the end of the rental period. The booking value is the daily rental price multiplied by the number of rental days. The net rental price is the calculated rental price without the incidental rental costs (cleaning, fees). The cancellation must be made by the tenant through a unilateral written declaration to the landlord and must be delivered to the landlord no later than within the aforementioned periods before the agreed arrival day of the guest(s). We recommend purchasing travel insurance. The landlord points out that insurance benefits may be a component of a credit card agreement and may only be claimable if the travel service was also paid for with the credit card belonging to the credit card agreement.
Furthermore, the landlord points out that our advice on additional travel services (e.g., flights, rental cars, entry regulations, etc.) is a free additional service. Therefore, no liability can be assumed for the information provided by the landlord to you. When booking travel services, please review the respective terms and conditions of the provider (e.g., airline, car rental). Cancellation costs can be offset against deposits and/or already paid security deposit payments. The tenant is solely responsible for meeting all necessary requirements for lawful entry into the destination country.
By making the first (if applicable, partial) rental payment, the tenant acknowledges the above-mentioned payment and cancellation conditions.