Key Investment Insights
1. 20% overall return on assets deployed, making it a profitable investment opportunity.
2. Majority of units (28 out of 40) are in the holiday pool, providing a steady stream of income.
3. Full term 25 year agreement in place, expiring in 2049, providing stability and security for the business.
4. Gross revenue of over $850,000 per year, indicating a strong and successful business operation.
5. Annual net profit of over $460,000 per year, showcasing the potential for high returns for the owner.
6. High ratings on popular booking platforms such as Booking.com and TripAdvisor, ranking among the top 10% of listings in the world, indicating a strong reputation and high demand for the property.
7. The rights consist of 2 properties with a common boundary, providing the opportunity to run as one cohesive business.
8. A variety of apartment sizes (one, two, and three-bedroom) cater to a wide market of guests, increasing potential for bookings and revenue.
9. The managers apartment is spacious and includes a manicured lawn and garden with sea glimpses, providing a comfortable living space for the owner.
10. The property can be operated by the owner or under management, offering flexibility for the buyer.
11. Net profit of $468,823 and asking price of $2,275,000, making it a financially attractive opportunity.
12. Pet-friendly complex, appealing to a larger market of potential guests.
13. Complex amenities such as a pool, spa, games room, BBQ area, and pay TV and WIFI, providing a desirable and enjoyable experience for guests.
Management Rights Multiplier: 3.53
ROI Estimate: 28.33%
