Income from renting out apartments: Average daily rental price: $160 Average occupancy off-season: 85% Profit after expenses and taxes per year: $27,750 (14.1%)
Income from purchase and sale: Purchase price: $197,000 Sale price immediately after completion of construction:: $256,100 Profit: $59,100 (30%)
*Costs and taxes for the sale of an object are calculated individually and depend on various factors. General costs and taxes: Notary fee 1% (shared with the buyer 50/50) Property sale tax 11% (shared with the buyer 50/50)
Property Ownership Terms: Installment plan: Initial payment 30% Management company: Dreamhouse Management Group Type of land and real estate ownership: leasehold 28 years + extension 15 years Completion date: Q1 2026