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Platinum Court in Marsaskala

Name: Platinum Court
Brand: Best Deal Properties
SKU: 20702
Availability: InStock

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Project info

Object ID: 20702

Finished at	October 2021
Price, m²	From 2315$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 116.00 m²
Floors	5
Apartments	29
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

268,540$

Net profit

9,376$

Payback period

22.8 years

Avg property value increase per year

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About the project

This development consists of 29 units: 7 maisonettes, 18 apartments, and 4 penthouses. All apartments have spacious front terraces and Penthouses have a large terrace, ideal for entertaining. All units in this block have squarish layouts which are in the form of a very spacious open plan kitchen/living/dining rooms, 3 or 2 double bedrooms of which the main bedroom has an en-suite shower, main bathroom, and 1 terrace. These designer finished units are being offered fully finished according to our finishing list and to customers' specifications. Optional Interconnected garages are also available and all units are freehold.

Developer

Details about Best Deal Properties

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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Platinum Court on the map of Marsaskala

Marsaskala, malta

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