Three Bedroom

Serviced Boutique Apartment

N$ 4,5 Million including Furniture Room Rate per Night N$ 4000 N$ 5000 N$ 5500 N$ 6000

MORE INFO

Apartment Info

3 Bedroom Apartment Serviced boutique Lifestyle Apartment
150 sqm
ROI 9-16%
Types: A
Views: Townfacing, Sea facing

N$ 4, 100 000

Furniture Value

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

N$ 400 000

Levies

Includes:

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

N$ 5 000 PM

Average Rate per night

N$ 4 500

Apartment Income

Conservative Projection

(35% Occupancy)

Income Per Month @ N$ 4500

Per Night @ 35% Occupancy

Less Expenses

Body Corporate
Water & lights

Less 30% Management Fee

Nett Income

N$ 47, 250

N$ 5, 000

N$ 14, 175

N$ 28, 075

ROI calculation

N$ 28,075 x 12 / N$ 4,5 Million = 7,48%

Apartment Income

Average Projection

(55% Occupancy)

Income Per Month @ N$ 4 500

Per Night @ 55% Occupancy

Less Expenses

Body Corporate
Water & lights

Less 30% Management Fee

Nett Income

N$ 74, 250

N$ 5, 300

N$ 22, 275

N$ 46, 675

ROI calculation

N$ 46,675x 12 / N$ 2,6 Million 12,44%

Apartment Income

High Projection

(80% Occupancy)

Income Per Month @ N$ 4 500

Per Night @ 80% Occupancy

Less Expenses

Body Corporate
Water & lights

Less 30% Management Fee

Nett Income

N$ 108, 000

N$ 5, 500

N$ 32, 400

N$ 70, 100

ROI calculation

N$ 70,100 x 12 / N$ 2,6 Million = 18,69%

3 BEDROOM UNIT

FLOOR PLAN – 98.56M2

BALCONY – 14.66M2

1ST FLOOR: 1

2ND FLOOR: 1

3RD FLOOR: 1

4TH FLOOR: 1

TOTAL: 5 UNITS

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