SlideShare ist ein Scribd-Unternehmen logo
1 von 18
El Kantaoui 5  Resorthigh standing apartments, Golf & Resort
Intoduction El Kantaoui***** is an outstanding residential resort for tourists       spanning nearly 1 hectares in the touristic area of Tantana in Sousse This innovative project will be located within 30 meters of beautiful white sand beaches and within only 2 km/1,2 miles of a beautiful golf course, horse-riding clubs and many others activities. The properties of El Kantoui Resort will be a modern resort with  apartments, swimming pools, tennis court and a wide range of facilities: shopping center, club house, Spa, animation, etc.  Nearby many beaches, hotels, restaurants and other attractions, El Kantaoui  5    Resort will be the heart of a culturally rich local life and will provide various options to facilitate the well-being of each resident.
Appartements In Apart-Hotel* Option Plan ,[object Object]
Choice of units 1, 2 and 3 bedrooms all with sea view
Fully equipped Kitchens
Contemporary/Eastern Architecture and Decoration
Penthouse with Solarium on the top floor
Installations offering different options for safeguarding energy for    a sustainable  environment * This program is the result of the symbiosis between the real estate and tourism sectors. If the owner wishes, it may bring its ownership to the “apart-hotel“ option plan. Properties purchased within this complex will be offered through a fully managed lease-back system and owners will benefit from guaranteed profit share of all rental income. As well as presenting a fantastic investment opportunity, owners will have the opportunity to enjoy their apartment during a period of up to 6-8 weeks per year for personal holiday use.
Amenities and Benefits ,[object Object]
 Easy access to the famous Marina El Kantaoui
 Recreational Areas for Adults and Children
 Oriental Theme SPA
 Walking distance to Sport Club and Ultramodern Gymnasium
 Restaurant, Lounge Bar and Pub
 Tennis, Squash, Basketball Courts and football pitch
 Easy access to the Shore, beaches, Aquatic Activities, Golf, Horseback riding, etc. ,[object Object]

Weitere ähnliche Inhalte

Kürzlich hochgeladen

Shriram Hebbal One Kempapura Bangalore E- Brochure.pdf
Shriram Hebbal One Kempapura Bangalore E- Brochure.pdfShriram Hebbal One Kempapura Bangalore E- Brochure.pdf
Shriram Hebbal One Kempapura Bangalore E- Brochure.pdffaheemali990101
 
Brigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- BrochureBrigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- Brochurefaheemali990101
 
LCAR RE Practice - The Pearson Vue State Exam
LCAR RE Practice - The Pearson Vue State ExamLCAR RE Practice - The Pearson Vue State Exam
LCAR RE Practice - The Pearson Vue State ExamTom Blefko
 
Shapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your Space
Shapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your SpaceShapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your Space
Shapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your Spaceaidasheikh47
 
Listing Turkey Green life Istanbul Eyup Catalog
Listing Turkey Green life Istanbul Eyup CatalogListing Turkey Green life Istanbul Eyup Catalog
Listing Turkey Green life Istanbul Eyup CatalogListing Turkey
 
Pride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfPride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfabbu831446
 
Saheel ITREND Futura At Baner Annexe Pune - PDF.pdf
Saheel ITREND Futura At Baner Annexe Pune - PDF.pdfSaheel ITREND Futura At Baner Annexe Pune - PDF.pdf
Saheel ITREND Futura At Baner Annexe Pune - PDF.pdfmonikasharma630
 
Fractional Ownership Vs Physical Ownership.pdf
Fractional Ownership Vs Physical Ownership.pdfFractional Ownership Vs Physical Ownership.pdf
Fractional Ownership Vs Physical Ownership.pdfHavendaxa
 
Anandtara Iris Residences Mundhwa Pune Brochure.pdf
Anandtara Iris Residences Mundhwa Pune Brochure.pdfAnandtara Iris Residences Mundhwa Pune Brochure.pdf
Anandtara Iris Residences Mundhwa Pune Brochure.pdfabbu831446
 
Radiance Majestic Valasaravakkam Chennai.pdf
Radiance Majestic Valasaravakkam Chennai.pdfRadiance Majestic Valasaravakkam Chennai.pdf
Radiance Majestic Valasaravakkam Chennai.pdfashiyadav24
 
Triaa Housing Lohegaon Pune E-Brochure.pdf
Triaa Housing Lohegaon Pune  E-Brochure.pdfTriaa Housing Lohegaon Pune  E-Brochure.pdf
Triaa Housing Lohegaon Pune E-Brochure.pdfManishSaxena95
 
LCAR RE Practice - The Power of Your Database
LCAR RE Practice - The Power of Your DatabaseLCAR RE Practice - The Power of Your Database
LCAR RE Practice - The Power of Your DatabaseTom Blefko
 
Prestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdfPrestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdfsarak0han45400
 
LCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptx
LCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptxLCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptx
LCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptxTom Blefko
 
LCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition RevisedTom Blefko
 
Mahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfMahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfPrachiRudram
 
Ganga Fusion 85 Gurugram - PDF Download.pdf
Ganga Fusion 85 Gurugram - PDF Download.pdfGanga Fusion 85 Gurugram - PDF Download.pdf
Ganga Fusion 85 Gurugram - PDF Download.pdfanjalisaini334541
 
Prestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdfPrestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdffaheemali990101
 
Managing Uncertainty: Newman George Leech's Real Estate Finance Strategy
Managing Uncertainty: Newman George Leech's Real Estate Finance StrategyManaging Uncertainty: Newman George Leech's Real Estate Finance Strategy
Managing Uncertainty: Newman George Leech's Real Estate Finance StrategyNewman George Leech
 
Listing Turkey - Resim Modern Catalog Istanbul
Listing Turkey - Resim Modern Catalog IstanbulListing Turkey - Resim Modern Catalog Istanbul
Listing Turkey - Resim Modern Catalog IstanbulListing Turkey
 

Kürzlich hochgeladen (20)

Shriram Hebbal One Kempapura Bangalore E- Brochure.pdf
Shriram Hebbal One Kempapura Bangalore E- Brochure.pdfShriram Hebbal One Kempapura Bangalore E- Brochure.pdf
Shriram Hebbal One Kempapura Bangalore E- Brochure.pdf
 
Brigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- BrochureBrigade Neopolis Kokapet, Hyderabad E- Brochure
Brigade Neopolis Kokapet, Hyderabad E- Brochure
 
LCAR RE Practice - The Pearson Vue State Exam
LCAR RE Practice - The Pearson Vue State ExamLCAR RE Practice - The Pearson Vue State Exam
LCAR RE Practice - The Pearson Vue State Exam
 
Shapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your Space
Shapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your SpaceShapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your Space
Shapoorji Pallonji Vanaha GolfLand 2 | A Space For You To Find Your Space
 
Listing Turkey Green life Istanbul Eyup Catalog
Listing Turkey Green life Istanbul Eyup CatalogListing Turkey Green life Istanbul Eyup Catalog
Listing Turkey Green life Istanbul Eyup Catalog
 
Pride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdfPride Wonderland Dhanori Pune Brochure.pdf
Pride Wonderland Dhanori Pune Brochure.pdf
 
Saheel ITREND Futura At Baner Annexe Pune - PDF.pdf
Saheel ITREND Futura At Baner Annexe Pune - PDF.pdfSaheel ITREND Futura At Baner Annexe Pune - PDF.pdf
Saheel ITREND Futura At Baner Annexe Pune - PDF.pdf
 
Fractional Ownership Vs Physical Ownership.pdf
Fractional Ownership Vs Physical Ownership.pdfFractional Ownership Vs Physical Ownership.pdf
Fractional Ownership Vs Physical Ownership.pdf
 
Anandtara Iris Residences Mundhwa Pune Brochure.pdf
Anandtara Iris Residences Mundhwa Pune Brochure.pdfAnandtara Iris Residences Mundhwa Pune Brochure.pdf
Anandtara Iris Residences Mundhwa Pune Brochure.pdf
 
Radiance Majestic Valasaravakkam Chennai.pdf
Radiance Majestic Valasaravakkam Chennai.pdfRadiance Majestic Valasaravakkam Chennai.pdf
Radiance Majestic Valasaravakkam Chennai.pdf
 
Triaa Housing Lohegaon Pune E-Brochure.pdf
Triaa Housing Lohegaon Pune  E-Brochure.pdfTriaa Housing Lohegaon Pune  E-Brochure.pdf
Triaa Housing Lohegaon Pune E-Brochure.pdf
 
LCAR RE Practice - The Power of Your Database
LCAR RE Practice - The Power of Your DatabaseLCAR RE Practice - The Power of Your Database
LCAR RE Practice - The Power of Your Database
 
Prestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdfPrestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdf
 
LCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptx
LCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptxLCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptx
LCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptx
 
LCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition RevisedLCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition Revised
LCAR Unit 19 - Financing the Real Estate Transaction - 14th Edition Revised
 
Mahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdfMahindra Vista Kandivali East Mumbai Brochure.pdf
Mahindra Vista Kandivali East Mumbai Brochure.pdf
 
Ganga Fusion 85 Gurugram - PDF Download.pdf
Ganga Fusion 85 Gurugram - PDF Download.pdfGanga Fusion 85 Gurugram - PDF Download.pdf
Ganga Fusion 85 Gurugram - PDF Download.pdf
 
Prestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdfPrestige Somerville Whitefield Bangalore E- Brochure.pdf
Prestige Somerville Whitefield Bangalore E- Brochure.pdf
 
Managing Uncertainty: Newman George Leech's Real Estate Finance Strategy
Managing Uncertainty: Newman George Leech's Real Estate Finance StrategyManaging Uncertainty: Newman George Leech's Real Estate Finance Strategy
Managing Uncertainty: Newman George Leech's Real Estate Finance Strategy
 
Listing Turkey - Resim Modern Catalog Istanbul
Listing Turkey - Resim Modern Catalog IstanbulListing Turkey - Resim Modern Catalog Istanbul
Listing Turkey - Resim Modern Catalog Istanbul
 

Empfohlen

Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 

Empfohlen (20)

Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 

Project El Kantaoui Resort[Eng]

  • 1. El Kantaoui 5 Resorthigh standing apartments, Golf & Resort
  • 2. Intoduction El Kantaoui***** is an outstanding residential resort for tourists spanning nearly 1 hectares in the touristic area of Tantana in Sousse This innovative project will be located within 30 meters of beautiful white sand beaches and within only 2 km/1,2 miles of a beautiful golf course, horse-riding clubs and many others activities. The properties of El Kantoui Resort will be a modern resort with apartments, swimming pools, tennis court and a wide range of facilities: shopping center, club house, Spa, animation, etc. Nearby many beaches, hotels, restaurants and other attractions, El Kantaoui 5 Resort will be the heart of a culturally rich local life and will provide various options to facilitate the well-being of each resident.
  • 3.
  • 4.
  • 5. Choice of units 1, 2 and 3 bedrooms all with sea view
  • 8. Penthouse with Solarium on the top floor
  • 9. Installations offering different options for safeguarding energy for a sustainable environment * This program is the result of the symbiosis between the real estate and tourism sectors. If the owner wishes, it may bring its ownership to the “apart-hotel“ option plan. Properties purchased within this complex will be offered through a fully managed lease-back system and owners will benefit from guaranteed profit share of all rental income. As well as presenting a fantastic investment opportunity, owners will have the opportunity to enjoy their apartment during a period of up to 6-8 weeks per year for personal holiday use.
  • 10.
  • 11. Easy access to the famous Marina El Kantaoui
  • 12. Recreational Areas for Adults and Children
  • 14. Walking distance to Sport Club and Ultramodern Gymnasium
  • 15. Restaurant, Lounge Bar and Pub
  • 16. Tennis, Squash, Basketball Courts and football pitch
  • 17.
  • 18.
  • 19.
  • 20. 3 Bed Apt 2 Bed Apt 1 Bed Apt
  • 22.
  • 35. Your money invested is 100% protected by insurance bonds
  • 36. 80% Loan to Value mortgages available on completion
  • 38. 15 minutes from Enfidha International Airport
  • 39. Choice of 1-bed, 2-bed, 3-bed apartments, and penthouses
  • 42. Borders thrivings Clubs resort
  • 43. High rental yields of 8 – 12% p.a. expected
  • 44. Capital growth of 20 – 30% expected
  • 45.
  • 46. Investment Example - Financing A further 10% stage payment is due in 12 months = €6’028 Added to the previous borrowing amount of €25’780 = €31’808 Borrowing costs of €31’808 at 6% = €1’908,50 annually or €159 per month in the second year. Total financing expenditure in the first and second years = €1’517 (1st year) + €1’908,5 (2nd year) = €3’425,50 (total for 2 years) Assuming we didn’t want to or could not afford to pay the monthly payments on the amount borrowed, we could quite simply borrow a further €3’500 euros above what we need in order to cover the above payments for two years. €3’425,50 + €3’500 = €6’925,50
  • 47. Investment Example - Financing Option A – Sell before completion Purchase price of apartment = €60’278 Assuming modest 20% growth per year the apartment value 18 months from purchase will be worth €72’334 Gross Profit at this stage = €72’334 - €60’278 = €12’056 Total borrowing expenditure in the first and second years = €3’425,50 Agency fee for resale of apartment (5% of sale price) = €3’617 €12’056 (Gross Profit) - €3’425,5 - €3’617 (Selling fees) = €5’013,5 (Net profit) Return on money invested €5’013,5 / €3’425,5 = 155% It is important to note that your monthly outgoings have not changed as we have borrowed an additional €3’500 to cover the monthly financing costs.
  • 48. Option A – Sell before completion Option B – Complete on sale Purchase price of apartment = €60’278 Final 50% and completion costs can be covered by an Italian mortgage. Current Italian borrowing rates are in the region of 5%. Costs on completion 50% + 1% VAT + €200 Notary + €4,000 furniture pack €30’139 + €603 + €200 + €4,000 = €34’803 Cost of borrowing €34’803 at 5% in Tunisia is = €1’740 p.a. Cost of borrowing initial amount in the UK at 6% is € 1’908,5p.a. Total borrowing costs = €3’648,50 annually or €304 per month.
  • 49. Annual Running Costs Approximate annual running costs of a 2 bed apartment after completion are: €200 Utilities + €200 Community Fees + € 30 Annual Wealth Tax = Total running costs €430 Total annual outgoings (financing + running costs) : €3’648,50 + €430 = €4’078,50
  • 50. Rental Income Current Club El Kantaoui holiday package excluding travel per week in August is €800 Check price here: Accommodation cost for two people is therefore €1200 per week We anticipate that the rental income of a 2 bed apartment in El Kantaoui during August will be at least €600 per week and €500 per week in June, July and September. Assuming we rent the apartment out for 4 weeks in August and a further 8 weeks during the rest of the summer months and 40 weeks during the rest of the year Rental Income for total of 52 weeks per year = €9’200 Gross Yield = 9’200 / 60’278 = 16% www.elmouradi.com
  • 51. Rental Income Total Gross Rental Income = €9’200 - Rental Management fees (10%) = €920 - Property Cleaning (€20 per occupied week) = €140 Net Rental Income = €8’140 Total annual outgoings = €4’078,50 Net Profit = €8’140 - €4’078,50 = €4’061,50 per year