SquareSell
SALT of Virgin Beach Ocean View floor 1 plan
SALT of Virgin Beach Ocean View floor 1 plan
SALT of Virgin Beach Ocean View gallery image 1
SALT of Virgin Beach Ocean View gallery image 2
SALT of Virgin Beach Ocean View gallery image 3
SALT of Virgin Beach Ocean View gallery image 4
SALT of Virgin Beach Ocean View gallery image 5
SALT of Virgin Beach Ocean View gallery image 6
SALT of Virgin Beach Ocean View gallery image 7

Apartment, 1 bedroom, 52.19 m²

SALT of Virgin BeachHotel buildingUnit 109
Layout
Ocean View
Bedrooms
1
Bathrooms
1
Living Area
52.19 m²
Price per m²
$ 6,000
Handover
December 2028
Finish
Turnkey
Ownership
Leasehold until 2054
$ 313,140
Down Payment from $ 93,942 (30%)

Rental Income Model

Purchase Price:

$313,140

ADR:

$370

Occupancy:

67%

Annual Net Income:

$36,193

ROI:

11.6%

Payback Period:

8.7 years

MonthlyYearly

Gross Rental Income

$7,540$90,484

Operating expenses: service, maintenance, rental and hotel-operator management (60%)

-$4,524-$54,290

Net Income (Before Tax)

Up icon$3,016
Up icon$36,193

Resale Projection

Handover 2028
202920302031
Projected Sale PricePurchase Price $313,140$313,140$313,140$313,140$313,140$313,140
Property Value Growth$0$0$0$0$0
Cumulative Rental Income$0+ $36,193+ $72,387+ $108,580+ $144,774
Total Net Profit
Up icon$0
Up icon$36,193
Up icon$72,387
Up icon$108,580
Up icon$144,774
ROI
Up icon0.0%
Up icon11.6%
Up icon23.1%
Up icon34.7%
Up icon46.2%
Value GrowthRentCostsProfit

Payment Plans

Down Payment
1Oct 2, 202630%$93,942
During Construction
2Jan 2, 202717.5%$54,800
3Apr 2, 202717.5%$54,800
4Jul 2, 202717.5%$54,800
5Oct 2, 202717.5%$54,800