City walk holiday homes
ROVE CITY WALK – HOLIDAY HOMES INVESTMENT
- This comes brand new and directly from the top developer
- It’s off-plan – Hotel operation should start mid-2021, 2022 is assumed as first full year of Hotel Operations
- Estimated ROI 6.7% – 8% per annum (after deduction of 2% of Room Revenue towards Sinking Fund for Renovation Capex)
- Fully operated by the developer itself (listings, advertising, maintenance, payments, etc.) – it’s more of the “passive investment” with pretty good returns
