|
| Mr. & Mrs. B - 3 bedroom apartment
(town centre) |
Mr. and Mrs. B purchased a resale apartment with the intention of yielding a good rental return back in 2000. They have since sold their apartment to invest in an off plan villa for themselves as a holiday home with rental potential. |
| Purchased: |
February 2000 |
 |
| Purchase price: |
£15,000 |
| Type: |
Resale |
| Proprty sale price: |
£42,000 |
| Sold: |
February 2005 |
| Capital appreciation over 60 months: |
180% (36% per annum) |
| Rental Return: |
₤12,000 based on 12 months occupancy per annum @ ₤200 per month - 16% return on investment per annum. |
| Total gross profit: |
£39,000 |
|
| Period of time: |
60 months |
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