Beachview Apartment for sale – fromAU$220,000

Your Vanuatu real estate investment could be in a large fully furnished self-contained waterfront Studio apartment for AU$220,000. The apartment is placed into the rental pool. This means that all the rental income after costs is divided equally among the rental pool members. This method removes the insecurity that exists in some holiday rental situations where some owners seem to get all the renters while others get few.

More About the Apartments

Studio Vanuatu Investment   Studio inside Investment Vanuatu

The 56.4 m2 apartments have a 2.5 meter wide balcony. All with great views toward Erakor Island and Erakor Point in the distance.

The kitchens and bathrooms are contemporary in design and the living and sleeping areas are designed to be relaxed and tropical.

All apartments are fully self-contained with beautifully appointed timber furniture including a sitting area, kitchen, air-conditioning and fans, bathroom with shower and a balcony with ocean and pool views.

All Beachview Apartments have 1 king size bed and 1 single bed.

Every apartment has ocean veiws.


Investment

Prices are in AUD

Price of Studio

$220,000

Furniture package $15,000
Total Investment
$235,000

Owners also receive three weeks of accommodation for cost at $50 per day. This can be deducted from your monthly payment.

Revenue 2013 to October  STUDIO
Total Revenue after VAT  $2,870
 $2,870
Commission  $24
Net Revenue  $2,846
Owners Share  $1,423
Body Corp Expenses  $217
 $1,206
RoR after expenses
Land lease Payment  $15
Property Insurance  $76
Sinking Fund (2%)  $57
Total Outlays  $414
Net to Owners  $1,009
ROR 5.3%
Add back sinking fund 2.0%
Real RoI 7.3%
Calculation Worksheet Holiday allowance
Rack Rate  $245
Valuation 21 Days  $5,145
Less Daily fee  $1,050
Less loss of income  $706
Net Return  $3,389
Rate of Return including holiday in Vanuatu
9%

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