Villa complex in Changgu district (Padonan). Completion of construction is in April.
The complex consists of 8 villas, and now there are only two left for sale — the rest have already been purchased.
Specifications:
3-room villa size: 217m2 + courtyard area + 89.5 m2 swimming pool
Land area: 1.75 acres
Cost of a 3-bedroom villa: $280,000 (~21,880,000₽)
Investment attractiveness:
3 bedroom villa
Daily rent:
Rate: 350 $/day
Occupancy rate: 70%
Income: $89,425/year
Minus 20% expenses - net: $71,540
Annual profitability:
71 540 / 280 000 = ~25.5% per annum
Monthly rent:
Rate: $6,000/month
Year: 72,000 $
Including 20% of expenses - $ 57,600
ROI: 57 600 / 280 000 = ~20,6% per annum
The numbers are like this because it has its own criminal code.
Leashold 22+20