Sold
Apartment, 1 bedroom, 53 m²
RADISSON RESORT MALDIVESHotelUnit 320
LayoutSuit 3 th left
Bedrooms1
Bathrooms1
Living Area43 m²
Total Area53 m²
Price per m²$ 7,304
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 387,130
Rental Income Model
Purchase Price:
$387,130
ADR:
$429
Occupancy:
70%
Annual Net Income:
$42,309
ROI:
10.9%
Payback Period:
9.2 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $9,134 | $109,610 |
GST aggregator fees (17%) | -$1,553 | -$18,634 |
Management fee (17%) | -$1,553 | -$18,634 |
Operating expenses (20%) | -$1,827 | -$21,922 |
Advertising (5.8%) | -$530 | -$6,357 |
Depreciation and repairs (0.8%) | -$73 | -$877 |
Unforeseen expenses (0.8%) | -$73 | -$877 |
Net Income (Before Tax) | $3,526 | $42,309 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $440,000 | $448,800 | $457,776 | $466,932 | $476,270 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $42,309 | $84,619 | $126,928 | $169,237 |
| Total Net Profit | $52,870 | $103,979 | $155,265 | $206,729 | $258,377 |
| ROI | 13.7% | 26.9% | 40.1% | 53.4% | 66.7% |