Holiday rental Startup
If you are looking for a business with an immediate return then look no further:
A complex of three newly built cottages in a walled Garden with metal gates in the heart of the National park “Turtle Bay” Antigua and registered on 13 sites including Airbnb, VRPO, Expedia and Booking.com but not live, just waiting for the button to be pressed. Sea views looking out to Montserrat and beautiful sunsets gives the guests a perfect romantic setting for any occasion.
Income (projected) and based on similar properties in Turtle Bay. Cottages are fully booked from November to July each year and growing.
Cottage 1 – Beautiful 2 Bedroom cottage with en suite bathrooms, Fitted Kitchen and lounge with convertible couch with swimming pool – sleeps 6
Calculation, available nights 365 and seasonal 270, Occupancy at 70% = 189 x Ave price per night = $300 = $56,700/ year
Cottage 2 – Beautiful 2 +1 Bedroom Cottage with two ensuite bathrooms, fitted Kitchen and Lounge with convertible couch and swimming pool – Sleeps 8
Calculation, available nights 365, seasonal average 270, Occupnacy at 70% = 189 x Average price per night + $400 / night = $75,600/year
Cottage 3 – Beautiful 2 +1 Bedroom Cottage with two ensuite bathrooms, fitted Kitchen and Lounge with convertible couch. – Sleeps 8
Calculation. Available nights 365, Seasonal average 270, occupancy at 70% = 189 x Average price per night $400 / night = $75,600/year.
Cleaning and Maintenance covered by a $25/night fee
Mains Electric – Chageable
Our workman will be close by for the next two years to carry out any work you might find necessary.
Total income per year AVERAGE = 207,900
Asking price $1,100,000.00 or £917,000.00 Sterling
Return on investment = 18.9%