Seaview Two Bedroom Apartment – from AU$325,000

This Vanuatu real estate investment can provide you and your family years of enjoyment as you get to stay for 3 weeks at only $70 per night which a 62% discount. It is not time share. You own the strata title of this beachfront real estate for fraction of what it would cost in the Australian real estate market.

More About the Apartments

 At 113 m2, these apartments are spacious and very well built. We follow a strict regimen of engineering to an international standard that allows for the possibility of earthquakes and cyclones. The apartments are plantation style with furniture from Bali and appliances from Australia
  • 113 m under roof area
  • 8.5 meter balcony with ocean views
  • Fully equipped kitchen with 4 burner gas stove, fridge, microwave, pots, pans, dishes, washing machine and dryer – everything required for a comfortable trouble free holiday
  • Wide screen TV and DVD player
  • Fan and air conditioner
  • Two bedrooms
  • Open plan lounge room and dining room
  • Ensuite in main bedroom
  • Bathtub, shower, washer and dryer in second bathroom
  • Each apartment comes fully furnished including linen, iron, ironing board and much more
  • Built in wardrobes

2-Bedroom Investment Vanuatu

Investment

Price of Apartment $325,000
Furniture package $20,000
Total Investment $345,000
Revenue 2013 Jan to October  TWO Bedroom
Total Revenue after VAT  $3,816
   $3,816
Commission  $31
Net Revenue  $3,785
Owners Share  $1,892
Body Corp Expenses  $288
 Income after body corporate expenses                                                                           $1,604
Less  
Land lease Payment  $20
 Insurance including property and income loss  $101
Sinking Fund (2%)  $76
Total Outlays  $551
   
Net to Owners  $1,342
ROR 5.1%
Add back sinking fund 2.0%
Real RoI 7.1%
   
   
Calculation Worksheet Holiday allowance  
Rack Rate  $390
Valuation 21 Days  $8,190
Less Daily fee  $1,470
Less loss of income  $939
Net Return  $5,781
Rate Of Return incl holiday 8.9%

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