Apartment Info
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2 Bedroom Apartment Serviced Boutique Lifestyle Apartment
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92 - 100 sqm
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ROI 9-21%
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Types A, B, C, D, E
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Views: Townfacing, Sea facing
N$ 2, 730 000
Furniture Value
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Washing Machine
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Tumble Dryer
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Dishwasher
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Smart TV
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Sofas
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Bed
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Kitchen appliances
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Cutlery
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Crockery
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Carpets
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Pictures
N$ 350 000
Levies
Includes:
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General Building Maintenance & upkeep
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Insurance
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Window cleaning
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Gardening
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WiFi & Netflix
N$ 3 500 PM
Average Rate per night
N$ 3 000
Apartment Income
Conservative Projection
(40% Occupancy)
Income Per Month @ N$ 3 000
Per Night @ 40% Occupancy
Less Expenses
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Body Corporate
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Water & lights
Less 30% Management Fee
Nett Income
N$ 36, 000
N$ 4, 000
N$ 10, 800
N$ 21, 200
ROI calculation
N$ 21, 200 x 12 / N$ 2, 730 Million = 9,3%
Apartment Income
Average Projection
(55% Occupancy)
Income Per Month @ N$ 3000
Per Night @ 55% Occupancy
Less Expenses
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Body Corporate
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Water & lights
Less 30% Management Fee
Nett Income
N$ 49, 500
N$ 4, 300
N$ 14, 850
N$ 31, 150
ROI calculation
N$ 30,350 x 12 / N$ 2,730 Million = 13,34%
Apartment Income
High Projection
(80% Occupancy)
Income Per Month @ N$ 3000
Per Night @ 80% Occupancy
Less Expenses
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Body Corporate
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Water & lights
Less 30% Management Fee
Nett Income
N$ 72, 000
N$ 4, 500
N$ 21, 600
N$ 46, 900
ROI calculation
N$ 46,900 x 12 / N$ 2,730 Million = 20,01%
2 BEDROOM UNIT
TYPE A
FLOOR PLAN – 69.63m2
BALCONY – 12.60m2
1ST FLOOR: 1
2ND FLOOR: 1
3RD FLOOR: 1
4TH FLOOR: 1
TOTAL: 5 UNITS
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2 BEDROOM UNIT
TYPE B
FLOOR PLAN – 69.63m2
BALCONY – 6.79M2
1ST FLOOR: 1
2ND FLOOR: 1
3RD FLOOR: 1
4TH FLOOR: 1
TOTAL: 5 UNITS
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2 BEDROOM UNIT
TYPE C
FLOOR PLAN – 91.9M2
BALCONY – 9.15M2
2ND FLOOR: 1
3RD FLOOR: 1
4TH FLOOR: 1
TOTAL: 4 UNITS
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2 BEDROOM UNIT
TYPE D
FLOOR PLAN – 70.43M2
BALCONY – 5.53M2
5TH FLOOR: 1
TOTAL: 1 UNITS
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2 BEDROOM UNIT
TYPE E
FLOOR PLAN – 78.38M2
BALCONY – 10.53M2
5TH FLOOR: 1
TOTAL: 1 UNITS
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