Apartments
Area:
Apartments - 35 m²
Price: $110,000 ($3,143 per m² )
Rental income:
Occupancy rate - 70%
Revenue per day, taking into account occupancy - $49
Revenue, taking into account occupancy of the facility per year - $17,640
Profit, taking into account expenses and taxes per year - 12 $348 (11%)
Payback - 8 - 9 years
Income from purchase and sale:
Purchase price:
$110,000
Sale price:
$180,000
Profit:
$70,000 (63%)
Expenses and taxes on the sale of the property are calculated individually and depend on various factors.
Terms of ownership of the property:
Completion of construction - June 2025
Type of ownership of land and real estate - leasehold 25 years + extension