Luxurious 4Bedroom Penthouse Apartment in Bayrock 2, Sosua

Overview Description This property offers an outstanding opportunity for both long-term investments and short-term rentals. The apartment is located in a sought-after area in Sosua and is perfect for investors looking for a value-stable property. Financial Details Asking Price: $750,000(200k down) Our Proposal: Offer Price: $700,000 Down Payment (25%): $175,000 Financing Amount: $525,000 Term: 20 years Interest Rate: 3% per annum Monthly Payments Monthly Mortgage Payment: $2,911.64 HOA Fees: $464 Total Monthly Cost: $3,375.64 8-Year Resale Scenario Resale Price after 8 Years: $1,034,218.81 (calculated with a 5% annual inflation rate) Remaining Loan Balance: $351,737.64 Total Mortgage Payments (over 8 years): $279,517.19 Interest Paid (over 8 years): $106,254.83 Equity at Resale: $682,481.17 Rental Models Long-Term Rental: Monthly Rental Income: $3,700 Monthly Result: $324.36 (surplus) Short-Term Rental via Airbnb: Average Daily Rental Rate (High Season): $330 Average Daily Rental Rate (Low Season): $270 High Season (100 Nights): $33,000 Low Season (70 Nights): $18,900 Annual Rental Income: $51,900 Monthly Rental Income (average): $4,325 Monthly Result: $949.36 (surplus) This property offers an excellent opportunity to generate a stable income through both long-term and short-term rentals. With a competitive offer price and attractive financing, this apartment is a worthwhile investment for any real estate investor. The potential to generate additional income through high-quality furnishings and Airbnb rentals makes this property even more attractive. Properties Common Note This is a common note that can be displayed on all properties but controlled from one simple option. Features Ocean View Security 24/7 Swimming Pool Schedule A Tour 10:00 am 10:15 pm 10:30 pm 12:00 pm 12:15 pm 12:30 pm 12:45 pm 01:00 pm 01:15 pm 01:30 pm 01:45 pm 02:00 pm 05:00 pm 10:00 am In Person Video Chat Discover your dream property Immerse yourself in the captivating ambiance of our properties. Book a personalized tour to explore the exquisite beauty and unique features of our property. Our knowledgeable staff will guide you through the property, answering any questions you may have. Mortgage Calculator Term 30 Years Fixed 20 Years Fixed 15 Years Fixed 10 Years Fixed 5 Years Fixed 30 Years Fixed Interest Home Price Down Payment 30 Years Fixed 3.5% Interest $3,031 per month Principle and Interest $3,031 Leave a Reply Your email address will not be published. Comment Name Email Website Save my name, email, and website in this browser for the next time I comment.