Product Property Investor
Document Sample
Property Investor Products
Calculator - Amendoeira ONLY
Initial Purchase
Deal Basics - This outlines the valuation, the discount, the price you pay and the instant equity you make
Ref Property Type Bank Valuation Discount Purchase Price Mortgage at 80% Instant Equity Surplus of
(Choose) (Enter Value) of Valuation Mortgage after
purchase price
T3 Appt € 625,000 8% € 575,000 € 500,000 € 50,000 -€ 75,000
Purchasing Costs - All purchasing costs will be covered by the surplus of mortgage funds and the shortfall by the vendor
IMT (Tax) Stamp Duty Mortgage Mortgage Stamp
Registration Notary Fee Legal Costs Total fees
Registration Duty
€ 29,922 € 4,600 € 250 € 250 € 250 € 3,000 € 2,000 € 40,272
Deficit -€ 115,272
Ongoing Costs/Income
Annual Costs - for the property, based on 2% interest only mortgage
Annual Costs
Annual Costs
(Mg'mnt, Tax, Total annual costs
Montly mortgage Annual mortgage (Mg'mnt, Tax, Total annual costs
Utilities, etc.) Insurance - OCEANICO
interest payments interest payments Utilities, etc.) - OWNER markets
OCEANICO markets
OWNER markets
markets
€ 833 € 10,000 € 19,507 € 16,106 Included € 29,507 € 26,106
Annual Income - (This is the amount of rent you will receive less the marketing and or booking fees)
Note 1st Year:
First year carries a gross guaranteed rental income based on 4% of the net purchase price
First year rental income is paid quarterly in arrears
This is subject to 15% rental witholding tax net of rental fees
A - If Oceânico Group markets and rents your property (incl laundry & cleaning) a 35% charge is levied
B - If you market your own property (must still be booked & rented through Oceânico) then a 15% charge is levied
From year 2:
Income (This is an example of the amount of rent you will receive less the marketing and/or booking fees)
Annual income @ Annual income @ Annual income @ Annual income @
Annual income @ Annual income @ Annual income @ Annual income @
14 weeks less 16 weeks less 18 weeks less 20 weeks less
14 weeks less full 16 weeks less full 18 weeks less full 20 weeks less full
booking only fee booking only fee booking only fee booking only fee
marketing fee of marketing fee of marketing only fee marketing fee of
of 15% + Maid & of 15% + Maid & of 15% + Maid & of 15% + Maid &
35% 35% of 35% 35%
Laundry Laundry Laundry Laundry
€ 30,184 € 30,184 € 33,712 € 33,712 € 35,966 € 35,966 € 38,220 € 38,220
5.25% 5.25% 5.86% 5.86% 6.25% 6.25% 6.65% 6.65% Rental Yield
Cash flow position (This represents the difference between your costs and annual income)
€ 677 € 4,078 € 4,205 € 7,606 € 6,459 € 9,860 € 8,713 € 12,114
Notes:
1. Annual rates (IMI) are due from year 2 onwards, current estimates show:
Studio Appt T1 Appt T2 Appt T3 Appt
€ 650 € 850 € 950 € 1,050
2. A one-off up-front charge will be made for 3 sets of linen. This is a requirement when renting.
Studio Appt T1 Appt T2 Appt T3 Appt
€ 250 € 250 € 500 € 860
Disclaimer
Whilst compiled in good faith, the information contained on this file is an estimate, prepared on the basis of the data currently available to us and drawn from our historical models.
As such, this information does not form part or constitute a contract and cannot be construed as a contractual undertaking of any sort on our part
Properties
T2 Appt
T3 Appt
T3 Villa
Approximate Tax Costs
Property Deed Value 575,000.00 €
Mortgage Value 500,000.00 €
Deed Costs
IMT 29,922.00 €
Sale Stamp Duty 4,600.00 €
Registration 250.00 €
Notary Fee 250.00 €
Mortgage reg 250.00 €
Legal representative 2,000.00 €
Mortgage Stamp Duty 3,000.00 €
40,272.00 €
Amendoeira ONLY
Full Marketing, Booking, Maid & Laundry by Oceânico
Typical Annual Properties
Ongoing Fees T2 Appt T3 Appt T3 Villa Notes:
Withholding tax € 1,796 € 2,943 € 4,160 Based on 15% of the rental income - 14 weeks rental net of 35% Rental Fees
Rental fees (R&L) € 6,448 € 10,564 € 14,933 35% of rental income - 14 weeks rental (Reservatons, laundry & Maid, Marketing)
Condominium Fees € 4,377 € 5,400 € 4,024 Estimate from R&L Dept.
Electricity & Water € 540 € 600 € 650 Estimate from R&L Dept.
Totals € 13,162 € 19,507 € 23,767
Marketing by Owner, Booking by Oceânico, Maid & Laundry extra
Typical Annual Properties
Ongoing Fees T2 Appt T3 Appt T3 Villa Notes:
Withholding tax € 2,349 € 3,848 € 5,440 Based on 15% of the rental income - 14 weeks rental net of 15% Rental Fees
Rental fees (R&L) € 2,764 € 4,528 € 6,400 15% of rental income - 14 weeks rental
Maid and laundry € 1,373 € 1,730 € 2,087 Estimate from R&L Owners Doc (Type B service)
Condominium Fees € 4,377 € 5,400 € 4,024 Estimate from R&L Dept.
Electricity & Water € 540 € 600 € 650 Estimate from R&L Dept.
Totals € 11,403 € 16,106 € 18,601
Amendoeira Rate Card
A B C D E
January November April June July
February May
December March October September August
T2 Apartment - Sleep 4 94.00 104.00 135.00 161.00 218.00
T3 Apartment - Sleep 6 147.00 161.00 205.00 299.00 350.00
T3 Villa - Sleep 6 218.00 240.00 311.00 374.00 505.00
T1 Apartment Totals
14 weeks € 2,835 € 3,381 € 12,208 € 18,424 Based on 8 weeks (July & August), 3 weeks in June/Sept, 3 weeks May/Oct
16 weeks € 3,780 € 4,508 € 12,208 € 20,496 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct
18 weeks € 1,456 € 3,780 € 4,508 € 12,208 € 21,952 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 2 weeks Nov/Feb/Mch
20 weeks € 2,912 € 3,780 € 4,508 € 12,208 € 23,408 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 4 weeks Nov/Feb/Mch
T2 Apartment
14 weeks € 4,305 € 6,279 € 19,600 € 30,184 Based on 8 weeks (July & August), 3 weeks in June/Sept, 3 weeks May/Oct
16 weeks € 5,740 € 8,372 € 19,600 € 33,712 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct
18 weeks € 2,254 € 5,740 € 8,372 € 19,600 € 35,966 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 2 weeks Nov/Feb/Mch
20 weeks € 4,508 € 5,740 € 8,372 € 19,600 € 38,220 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 4 weeks Nov/Feb/Mch
T3 Apartment
14 weeks € 6,531 € 7,854 € 28,280 € 42,665 Based on 8 weeks (July & August), 3 weeks in June/Sept, 3 weeks May/Oct
16 weeks € 8,708 € 10,472 € 28,280 € 47,460 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct
18 weeks € 3,360 € 8,708 € 10,472 € 28,280 € 50,820 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 2 weeks Nov/Feb/Mch
20 weeks € 6,720 € 8,708 € 10,472 € 28,280 € 54,180 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 4 weeks Nov/Feb/Mch
Note: Based on Direct Booking rates (as published on the internet).
Average Properties
Rental Income T2 Appt T3 Appt T3 Villa Notes:
14 weeks € 18,424 € 30,184 € 42,665 Based on 8 weeks (July & August), 3 weeks in June/Sept, 3 weeks May/Oct
16 weeks € 20,496 € 33,712 € 47,460 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct
18 weeks € 21,952 € 35,966 € 50,820 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 2 weeks Nov/Feb/Mch
20 weeks € 23,408 € 38,220 € 54,180 Based on 8 weeks (July & August), 4 weeks in June/Sept, 4 weeks May/Oct, 4 weeks Nov/Feb/Mch
Revenue net of Apartments
35% Rental Fees T1 T2 T3
14 weeks € 11,976 € 19,620 € 27,732
16 weeks € 13,322 € 21,913 € 30,849
18 weeks € 14,269 € 23,378 € 33,033
20 weeks € 15,215 € 24,843 € 35,217
Revenue net of Apartments
15% Rental Fees T1 T2 T3
14 weeks € 15,660 € 25,656 € 36,265
16 weeks € 17,422 € 28,655 € 40,341
18 weeks € 18,659 € 30,571 € 43,197
20 weeks € 19,897 € 32,487 € 46,053
