Luxury One Bedroom Oceanfront Apartments from AU$317,000
More about the Apartments
Our deluxe One Bedroom Oceanfront Apartments offer an absolute on the water location that is ideal for honeymooners, special occasions or for those who simply looking for something unique. There are 3 Apartments on the ground level and 3 apartments on the upper level. Situated overlooking the ocean, these apartments all have private balconies and unobstructed views of the Nasama Beach. It is a sublime Vanuatu real estate product. Erakor island in the is just 1 km away. These apartments have a full size kitchen with granite countertops, fridge, stove, microwave, separate bedroom with king size bed, large separate dressing room, open plan dining and living area, balcony, ceiling fan and air-conditioner. There is also a single bed in the living area for a 3rd person.
Owners also receive three weeks of accommodation for cost at AU$70 per day. This can be deducted from your quarterly payment. NOTE ON STATEMENT In the statement below we have included all your expenses that are associated with the operating of your apartment. The income is stated net of management fees and agency commissions. The running expenses include all day to day maintenance, building insurance, content insurance and LOSS OF INCOME INSURANCE. The deductions also include a sinking fund which holds your money for future use in the case of major maintenance expenses such as re-painting the building. We have added this back to calculate your rate of return. We have also calculated the rate of return adding the net value of the 21 days holidays allowance is 8.74%.
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