Apartment, 1 bedroom, 48.62 m²
SALT of Virgin BeachHotel buildingUnit 103
LayoutDeluxe Mountain View
Bedrooms1
Bathrooms1
Living Area48.62 m²
Price per m²$ 6,000
HandoverDecember 2028
FinishTurnkey
OwnershipLeasehold until 2054
$ 291,720
Down Payment from $ 87,516 (30%)
Rental Income Model
Purchase Price:
$291,720
ADR:
$300
Occupancy:
67%
Annual Net Income:
$29,346
ROI:
10.1%
Payback Period:
9.9 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $6,114 | $73,365 |
Operating expenses: service, maintenance, rental and hotel-operator management (60%) | -$3,668 | -$44,019 |
Net Income (Before Tax) | $2,446 | $29,346 |
Resale Projection
Handover 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|
| Projected Sale PricePurchase Price $291,720 | $291,720 | $291,720 | $291,720 | $291,720 | $291,720 |
| Property Value Growth | $0 | $0 | $0 | $0 | $0 |
| Cumulative Rental Income | $0 | + $29,346 | + $58,692 | + $88,038 | + $117,384 |
| Total Net Profit | $0 | $29,346 | $58,692 | $88,038 | $117,384 |
| ROI | 0.0% | 10.1% | 20.1% | 30.2% | 40.2% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 2, 2026 | 30% | $87,516 |
During Construction | |||
| 2Payment 2 | Jan 2, 2027 | 17.5% | $51,051 |
| 3Payment 3 | Apr 2, 2027 | 17.5% | $51,051 |
| 4Payment 4 | Jul 2, 2027 | 17.5% | $51,051 |
| 5Payment 5 | Oct 2, 2027 | 17.5% | $51,051 |