Apartment, 1 bedroom, 27 m²
RADISSON RESORT MALDIVESHotelUnit 515
LayoutStandard
Bedrooms1
Bathrooms1
Living Area27 m²
Price per m²$ 10,500
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 283,500
Rental Income Model
Purchase Price:
$283,500
ADR:
$317
Occupancy:
70%
Annual Net Income:
$31,263
ROI:
11%
Payback Period:
9.1 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $6,749 | $80,994 |
GST aggregator fees (17%) | -$1,147 | -$13,769 |
Management fee (17%) | -$1,147 | -$13,769 |
Operating expenses (20%) | -$1,350 | -$16,199 |
Advertising (5.8%) | -$391 | -$4,698 |
Depreciation and repairs (0.8%) | -$54 | -$648 |
Unforeseen expenses (0.8%) | -$54 | -$648 |
Net Income (Before Tax) | $2,605 | $31,263 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $310,000 | $316,200 | $322,524 | $328,974 | $335,554 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $31,263 | $62,527 | $93,790 | $125,054 |
| Total Net Profit | $26,500 | $63,963 | $101,551 | $139,265 | $177,108 |
| ROI | 9.3% | 22.6% | 35.8% | 49.1% | 62.5% |