Sold
Apartment, 1 bedroom, 52 m²
RADISSON RESORT MALDIVESHotelUnit 101B
LayoutSuit 1 right
Bedrooms1
Bathrooms1
Living Area43 m²
Total Area52 m²
Price per m²$ 6,481
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 337,000
Rental Income Model
Purchase Price:
$337,000
ADR:
$350
Occupancy:
70%
Annual Net Income:
$34,518
ROI:
10.2%
Payback Period:
9.8 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $7,452 | $89,425 |
GST aggregator fees (17%) | -$1,267 | -$15,202 |
Management fee (17%) | -$1,267 | -$15,202 |
Operating expenses (20%) | -$1,490 | -$17,885 |
Advertising (5.8%) | -$432 | -$5,187 |
Depreciation and repairs (0.8%) | -$60 | -$715 |
Unforeseen expenses (0.8%) | -$60 | -$715 |
Net Income (Before Tax) | $2,877 | $34,518 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $420,000 | $428,400 | $436,968 | $445,707 | $454,622 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $34,518 | $69,036 | $103,554 | $138,072 |
| Total Net Profit | $83,000 | $125,918 | $169,004 | $212,262 | $255,694 |
| ROI | 24.6% | 37.4% | 50.1% | 63.0% | 75.9% |