Dunies, Swakopmund: INVEST IN PERFECT STAY!

Property Details

Property Type : Apartment

Price : N$ 1,480,000

Town : Swakopmund

Property Ref : entegral-2398245

Suburb : Dunes

Property Status : For Sale

Property Description

Be part of a Hospitality Investment in Swakopmund: * Holiday apartments with garages * Restaurant, Conference Center, and other shared facilities This upmarket HOLIDAY APARTMENT AND RESTAURANT complex offers two types of investments: OPTION 1 at N$1 480 000 * Purchase a fully furnished accommodation unit, that offers kitchenette, lounge, bedroom and bathroom, PLUS a lock-up garage *** Purchase cost N$1 480 000 *** Monthly levy +-N$4 500 per month *** EXPECTED INCOME, AND EXPENDITURE (rounded down to closest N$1 000): ### 35% Occupancy: Income N$21 600, expenses N$9 300, Net monthly income N$12 300 ### 65% Occupancy: Income N$53 600, expenses N$24 600, Net monthly income N$29 000 ### 75% Occupancy: Income N$61 900, expenses N$29 200, Net monthly income N$32 700 OPTION 2 at N$1 680 000 * Option 1 plus share in profits of restaurant, conference centre and other shared facilities *** Purchase cost N$1 680 000 *** Monthly levy +- N$4 500 per month *** EXPECTED INCOME, AND EXPENDITURE (rounded down to closest N$1 000) total for unit, restaurant, minibar, other shred facilities ### 35% Occupancy: income N$30 800, expenses N$11 400, Net monthly income N$19 400 ### 65% Occupancy: Income N$70 700, expenses N$31 000, Net monthly income N$39 700 ### 75% Occupancy: Income N$81 500, expenses N$37 100, Net monthly income N$44 400 Why Invests in this venture? * Swakopmund has a vibrant tourism industry, with large demand for upmarket self catering accommodation * The area in which the development is situated, do not have other restaurants: High occupancy thus expected * Monthly levy covers building maintenance and periodic replacement of furniture/fittings/appliances of units * THIS IS A GOOD OPPORTUNITY to earn passive income on your investment. See the expected ROI's in one of the images attached

Property Features

Bedrooms : 1
Bathrooms : 1

Garages : 1
Living Areas : 1

Gallery

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