Income from renting out a villa: Average daily rental price: $180 Average occupancy off-season: 70% Profit after expenses and taxes per year: $25,409 (10.16%)
Income from purchase and sale: Purchase price: $250,000 Sale price immediately after completion of construction:: $300,000 Profit: $50,000 (20%)
*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 25% Management company: Butler Management Type of land and real estate ownership: leasehold 25 years + extension 10 years Completion date: Q4 2025