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INVESTMENT OPPORTUNITY PACKAGE: package of 33 apartment in a condominium completed in 2015 located in one of the cities with the greatest potential for tourism , Brasov, a city with a huge touristic and economic growth .
Investment package proposes a total of 33 complete finished condos for short term rental . Also we can discuss a version of complete equipment and furnishing.
Pacckage is composed with :
- 20 units studio type with areas between 60-80 sqm
- 13 units with 2 rooms with size from 80-95 sqm.
- a lot of undeground parking places , available for rent : 50 Euro/month .
Very easy to find location , proximity to historical and touristical center , business center and shopping area are the premises of success in the short term rental business. Also , the Condominium is locate 15 minutes away from the most luxurious mountain resort : POIANA BRASOV
Touristic and business development due to economic growth of the city make this investment package an opportunity .
ROI: 6 years , at 50% occupancy rate.
YIELD: 16.36% at 50% occupancy rate.
ANNUAL RENT INCOME : 360,000 at 50% occupancy rate
AVERAGE PRICE PER UNIT : 60 Euro/ night , less than average market value for this category.
PACKAGE PRICE: 2200000 Euro + VAT ,
( there is a posibility to negociate a smaller package or a entirely new development dedicated to this purpose , 60-80 units .)
NOTES: acording to the new tax code VAT is payable only by the individuals buyer, for companyes reverse charge is applied.
OPTIONAL : we can offer property management services .
For more pictures and details visit : ro.facebook.com / BarcelonaResidenceBrasov

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