How We Make Revenue?
We contacted property owners and offered a guaranteed rent. The owner is happy his property is let and he does not need to worry about any more lost rent or tenant issues for the foreseeable future.
Average Rented Property
We renting 1 or 2 beds apartments for 500-800 Euros/month price
Average Monthly Costs
Utility bills around 100 Euros, Cleaning and laundry around 200 Euros
Average weekly Incomes
Our tenants pay 400-500 Euros/week holiday rental fee. So we can realized 1200-1500 Euros/month incomes for one apartman. (Utilization of 75%)
If we have a full booked month, we can increase our incomes up to 1600-2000 Euros or more
profit and shared Revenue
Average 1000 Euros income minus costs (Cleaning, laundry, utility bills, tax) 300 Euros, and rental fee 500 Euros. We realized 200 Euro profits. We share this revenue to our investors. We have good and real chance to increase this profit.