Apartment, 1 bedroom, 52.57 m²
SALT of Virgin BeachHotel buildingUnit 204
LayoutOcean View
Bedrooms1
Bathrooms1
Living Area52.57 m²
Price per m²$ 6,000
HandoverDecember 2028
FinishTurnkey
OwnershipLeasehold until 2054
$ 315,420
Down Payment from $ 94,626 (30%)
Rental Income Model
Purchase Price:
$315,420
ADR:
$370
Occupancy:
67%
Annual Net Income:
$36,193
ROI:
11.5%
Payback Period:
8.7 years
| Monthly | Yearly | |
|---|---|---|
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) | $3,016 | $36,193 |
Resale Projection
Handover 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|
| Projected Sale PricePurchase Price $315,420 | $315,420 | $315,420 | $315,420 | $315,420 | $315,420 |
| Property Value Growth | $0 | $0 | $0 | $0 | $0 |
| Cumulative Rental Income | $0 | + $36,193 | + $72,387 | + $108,580 | + $144,774 |
| Total Net Profit | $0 | $36,193 | $72,387 | $108,580 | $144,774 |
| ROI | 0.0% | 11.5% | 22.9% | 34.4% | 45.9% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 2, 2026 | 30% | $94,626 |
During Construction | |||
| 2Payment 2 | Jan 2, 2027 | 17.5% | $55,199 |
| 3Payment 3 | Apr 2, 2027 | 17.5% | $55,199 |
| 4Payment 4 | Jul 2, 2027 | 17.5% | $55,199 |
| 5Payment 5 | Oct 2, 2027 | 17.5% | $55,199 |