Sold
Apartment, 1 bedroom, 27 m²
RADISSON RESORT MALDIVESHotelUnit 105
LayoutStandard 1st
Bedrooms1
Bathrooms1
Living Area27 m²
Price per m²$ 9,259
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 250,000
Rental Income Model
Purchase Price:
$250,000
ADR:
$248
Occupancy:
70%
Annual Net Income:
$24,459
ROI:
9.8%
Payback Period:
10.2 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $5,280 | $63,364 |
GST aggregator fees (17%) | -$898 | -$10,772 |
Management fee (17%) | -$898 | -$10,772 |
Operating expenses (20%) | -$1,056 | -$12,673 |
Advertising (5.8%) | -$306 | -$3,675 |
Depreciation and repairs (0.8%) | -$42 | -$507 |
Unforeseen expenses (0.8%) | -$42 | -$507 |
Net Income (Before Tax) | $2,038 | $24,459 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $300,000 | $306,000 | $312,120 | $318,362 | $324,730 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $24,459 | $48,917 | $73,376 | $97,834 |
| Total Net Profit | $50,000 | $80,459 | $111,037 | $141,738 | $172,564 |
| ROI | 20.0% | 32.2% | 44.4% | 56.7% | 69.0% |