Investment Opportunity!
Real estate projects in Fuerteventura
Are you looking for profitable real estate business? We are specialists and local professionals of the Island of Fuerteventura.
PROFITABLE INVESTMENT
Special Pack for Investors
4 Homes in VV operation
For investors
Are you interested in investing in the Island? We can advise you of the different real estate and the most profitable businesses of the whole Island. Now is the best time!
As highlighted, we have selected a pack of 4 fully-furnished homes, located in Tamaragua, 5 minutes from Corralejo, a product with a 12% return on investment. You can check its profitability with data in the exposed spreadsheet.
TAMARAGUA
NORTH AREA OF FUERTEVENTURA 5 MINUTES FROM CORRALEJO.
Group of 4 chalets in operation as Vacation Home
Sale Price: 1,000,000.00 € Profitability 12%
Units number of days Price for day Total
Daily Rental - Epoca Alta 4 150 135.00 € 81,000.00 €
Daily Rental - Epoca Baja 4 150 85.00 € 51,000.00 €
Vacancy Period 65
Total Annual Income 132,000.00 € Expenses Units Monthly Annual
Electricity 4 € 65.00 € 3,120.00 €
Water 4 € 45.00 € 2,160.00 €
Cleaning 4 € 250.00 € 12,000.00 €
Gardening 4 € 100.00 € 4,800.00 €
Pool 4 € 80.00 € 3,840.00 €
TV / Satellite 4 € 50.00 € 2,400.00 €
Community 4 € 45.00 € 2,160.00 €
Interest on Mortgage Loan. 3.50% 21,000.00 €
Platforms Commissions 15% 19,800.00 €
Total spends 71,280.00 €
Annual Net Profit € 60,720.00 €
Amount Financed 60% 1,000,000.00 € 600,000.00 €
Investment Amount (Including 10% of Purchase Expenses). 500,000.00 €