One Bedroom

Serviced Boutique Apartment

N$ 1,785 Million including Furniture Room Rate per Night N$ 1200 Single N$ 2400 Double

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Apartment Info

1 Bedroom Apartment Serviced Boutique Lifestyle Apartment
39 - 54 sqm
ROI 9-21%
Types A, B, C
Views: Townfacing, Sea facing

N$ 1, 785 000

Furniture Value

Washing Machine
Tumble Dryer
Dishwasher
Smart TV
Sofas
Bed
Kitchen appliances
Cutlery
Crockery
Carpets
Pictures

N$ 200 000

Levies

Includes:

General Building Maintenance & upkeep
Insurance
Window cleaning
Gardening
WiFi & Netflix

N$ 2 500 PM

Average Rate per night

N$ 1 800

Apartment Income

Conservative Projection

(40% Occupancy)

Income Per Month @ N$ 1800

Per Night @ 40% Occupancy

Less Expenses

Body Corporate
Water & lights

Less 30% Management Fee

Nett Income

N$ 22,200

N$ 3, 000

N$ 6, 600

N$ 12, 540

ROI calculation

N$ 12, 540 x 12 / N$ 1, 785 Million = 8,4%

Apartment Income

Average Projection

(55% Occupancy)

Income Per Month @ N$ 1800

Per Night @ 55% Occupancy

Less Expenses

Body Corporate
Water & lights

Less 30% Management Fee

Nett Income

N$ 29, 700

N$ 3, 200

N$ 8, 910

N$ 18, 290

ROI Calculation

N$ 17,590 x 12 / N$ 1,785 Million = 12,41%

Apartment Income

High Projection (80% Occupancy)

High Projection

(80% Occupancy)

Income Per Month @ N$ 1800

Per Night @ 80% Occupancy

Less Expenses

Body Corporate
Water & lights

Less 30% Management Fee

Nett Income

N$ 43, 200

N$ 3, 500

N$ 12,960

N$ 27, 740

ROI calculation

N$ 26, 740 x 12 / N$ 1, 785 Million = 18,87%

1 BEDROOM UNIT TYPE A

FLOOR PLAN – 39.35m2

BALCONY – 5.11m2

2ND FLOOR: 10

3RD FLOOR: 10

4TH FLOOR: 10

5TH FLOOR: 7

TOTAL: 37 UNITS

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1 BEDROOM UNIT

TYPE A

FLOOR PLAN – 39.35m2

BALCONY – 5.11m2

2ND FLOOR: 10

3RD FLOOR: 10

4TH FLOOR: 10

TOTAL: 37 UNITS

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1 BEDROOM UNIT

TYPE B

FLOOR PLAN – 54.59m2

BALCONY – 7.98M2

2ND FLOOR: 1

3RD FLOOR: 1

4TH FLOOR: 1

TOTAL: 4 UNITS

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