For Sale
Active
Ref: PN#152487
1 Bedroom Apartment/Penthouse For Sale in Dunes
Dunes, Swakopmund
N$1,480,000
Listed 7 months ago
Property Overview
1
Bedrooms
1
Bathrooms
1
Garages
0
Undercover parking
0
Floor area (m²)
34
Erf size (m²)
For Sale
Listing type
Apartment/Penthouse
Property type
HomePAGE Estate Agency
Seller
Open mandate
Mandate
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
* 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