Income from renting out apartments: Average daily rental price: $110 Average occupancy off-season: 80% Profit after expenses and taxes per year: $17,424 (14.5%)
Income from purchase and sale: Purchase price: $120,000 Sale price immediately after completion of construction:: $180,000 Profit: $60,000 (50%)
*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: Loyo Management Type of land and real estate ownership: leasehold 30 years Completion date: February 2027