Apartment, 1 bedroom, 35 m²
RADISSON RESORT MALDIVESHotelUnit 403
LayoutSuperior 4th
Bedrooms1
Bathrooms1
Living Area35 m²
Price per m²$ 9,400
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 329,000
Rental Income Model
Purchase Price:
$329,000
ADR:
$363
Occupancy:
70%
Annual Net Income:
$35,800
ROI:
10.9%
Payback Period:
9.2 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $7,729 | $92,747 |
GST aggregator fees (17%) | -$1,314 | -$15,767 |
Management fee (17%) | -$1,314 | -$15,767 |
Operating expenses (20%) | -$1,546 | -$18,549 |
Advertising (5.8%) | -$448 | -$5,379 |
Depreciation and repairs (0.8%) | -$62 | -$742 |
Unforeseen expenses (0.8%) | -$62 | -$742 |
Net Income (Before Tax) | $2,983 | $35,800 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $390,000 | $397,800 | $405,756 | $413,871 | $422,149 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $35,800 | $71,600 | $107,400 | $143,201 |
| Total Net Profit | $61,000 | $104,600 | $148,356 | $192,272 | $236,349 |
| ROI | 18.5% | 31.8% | 45.1% | 58.4% | 71.8% |