Investment Case- Passarinha townhouse
The Passarinha is designed as a three storey townhouse set in private residential gardens with share of communal swimming pool and views towards the mountains, golf course, Sao Francisco Valley and ocean.
The town house is made up of three double bedrooms and two bathrooms; with the master bedroom having direct access to the roof terrace. The larger of the bedrooms on the first floor has access to a large covered private balcony.
The house comes with a choice of 6 high quality fitted kitchens with oven, hob and extractor as standard. There is a private parking bay.
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OVERVIEW |
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2 |
Communal |
139.50 m2 |
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| PRICE GUIDE |
| Passarinha Unit Price (Unfurnished) |
€227,000 |
| Furniture Pack Solution |
from +€24,000 |
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| INVESTMENT ILLUSTRATION |
| Passarinha Unit Price (Unfurnished) |
227,000 |
| Estimated Rental Income (5% p/a)* |
| Gross Rental Income / unit / year |
11,350 |
| Gross Rental Income / unit / + 5 years |
56,750 |
| Gross ROI over 5 years |
25% |
| Capital Appreciation (10%+ p/a)** |
| Appreciated unit value - Year 1 |
249,700 |
| Appreciated unit value - Year 3 |
302,137 |
| Appreciated unit value - Year 5 |
365,586 |
| 5 Year Capital Appreciation / unit / € |
138,586 |
| Return on Investment |
| Total ROI € over 5 years |
195,336 |
| Total ROI % over 5 years |
86% |
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* Commences after completion ** Projected Gain per annum
Estimated Rental income is a conservative estimate based on an average 40% occupancy over a 5 year period |
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Rental Income
Standard Letting Offer
Sambala will manage the lettings on your behalf, with a 10% charge for marketing and 15% charge for administration and maid services. Maintenance and other fees will be charged as per normal to the owner of the property. Sambala's Standard Rental Offer will generate 10% ROI per annum based on moderate 65% occupancy (5% ROI based on 40%). |