Spacios Loft with a view

€2,400 Per Month

Description

Enchanting two bedroom, two bath home with spacious one bedroom, one bath cabana, in-laws quarters. The Charming living area features fireplace and fabulous art deco details. Formal dining room. Remodelled kitchen with granite countertops, white cabinetry and stainless appliances. Lovely master bedroom has updated bath, beautiful view of the pool. Guest bedrooms have walk-in, cedar closets. Delightful backyard; majestic oaks surround the free form pool and expansive patio, wet bar and grill.

 

This investment requires will yield from €200 to €1400 gross profit per month completely autonomously.
The requirements are:

Rent Contract 4+4 Years
3 months Deposit = € 7200
1 month agency fee = €2400
First month rent = €2400
Registrations + renovations = €1400
Total Buy in is: €13.400 (€7200 of which are deposit)


Profit and Expenses Calculated per month:

Occupancy: Days Booked Per Month 20  25 30
Profit = €200 per day (130 + 70) €4000 €5000 €6000
Electricity €80 €85 €90
Gas €70 €75 €80
Water €60 €65 €70
Trash €20 €20 €20
Internet WiFi €30 €30 €30
Internet TV subscription €10 €10 €10
Condominium Fee ÷ 12 = ? ? ?
Cleaning €10 per room x2 = €400 €500 €600
Chanel Manager €10 €10 €10
Communication Management –  3% €120 €150 €180
Cleaning Products and accesories €100 €100 €100
Deposit (length of lease) (2400×3)  ÷  96 (4+4) = €75 N/A N/A N/A
Home Maintainance €20 €20 €20
Booking Manager commission Average 10% €400 €500 €600
Rent €2400 €2400 €2400
Total expenses before rent €1320 €1565 €1810
Total expenses including rent: €3720 €3965 €4210
TOTAL, Including Tax -22% (€62), (€227), (€394) €3782 €4192 €4604
GROSS  Profit per Month €218 €808 €1396

 

Additional Details

  • BEDROOM FEATURES
    Main Floor Master Bedroom, Walk-In Closet
  • DINING AREA
    Breakfast Counter/Bar, Living/Dining Combo
  • DOORS & WINDOWS
    Bay Window
  • ENTRY LOCATION
    Mid Level
  • EXTERIOR CONSTRUCTION
    Wood
  • FIREPLACE FUEL
    Pellet Stove
  • FIREPLACE LOCATION
    Living Room
  • FLOORS
    Raised Foundation, Vinyl Tile, Wall-to-Wall Carpet, Wood

Floor Plans

Main

120 m2
2 Bedrooms
2 Bathrooms

Virtual Tour

Location

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