One-bedroom apartment in Gold Tower, 50 sq.m.: 12P8/ 24P6
$53,280 – price with discount
$1,066 – price per square meter.
*** The apartment can be sold, ask us about the availability of apartments in this project.
ADVANTAGES:
- Resort area / Top location Otres Beach
- The first coastline of the Gulf of Thailand
- Excellent layout / Distance from elevators
- Panoramic view of the city and the sea / Not the sunny side
- An infrastructure project with a swimming pool, recreation area, sky bar, and fitness center
More about the project:
PROJECT LIQUIDITY:
- The first large-scale project from a top developer in Sihanoukville
- Low price per square meter from $1,065
- Price per square meter will increase to $2,500 per square meter by the time the project is ready (the price of completed properties in 2025, located 1.2 km from the sea).
- High rental demand in the future / limited beachfront area
PAYMENT PLAN:
- Option 1:
- $500 – Reservation
- $10,156 – 20% (Down Payment)
- $21,312 – 40% installment for 40 months / $533 payment / month.
- $21,312 – 40% balance at the project completion stage or a loan from the developer at 10% for 10 years
- $245 – monthly payment
- Option 2:
- $26,640 – 50% down payment
- $26,640 – 50% balance at the stage of delivery of the property or a loan at 10% for 10 years
- $306 – monthly payment
ASSIGNMENT:
- $125,000 – the sale amount by assignment at a price of $2,500 sq.m.
- $103,688 – amount after repayment 40% of the balance / income + invested asset / 294% / $71,720 – net income (minus invested assets 60% ($31,268) Total: 229% net income on invested asset.
RENTAL INCOME:
- $1,000 – projected rent (actually for 2025)
- $11,000 – income for 11 months / 1 month – management company commission
- 2 years – loan closure with rental payments.
- 35% – net rental income on the invested asset 60%
EXPENSES:
- $300 – changes to the owner’s agreement upon sale by assignment.
- 4% – Stamp duty upon registration of ownership.
- 0.1% property tax.
- $1/1 sq.m. – Management Fee (and utilities are paid by the tenant)
- 0.25$ per sq. h. – light
- Collection for major repairs (to be confirmed)
- Furniture set from $5,000 (price from the developer, including basic design)
Don’t miss out on investing in a one-bedroom apartment at Cambodia’s most successful sales project!