Sealofts on the beach
It is a 20 odds years old seaside property estate. The developer is a local company. It offers 40 odds two-storey cottages with simple design and decoration for renting out to students.
Therefore, the rental income is very stable. Monthly rent of a single studio is around 800 to 1000 USD. In compare with other property estates, rent of Sealofts on the beach is around 300 to 500 USD cheaper as it is an old property estate with simple design and decoration. However, the rent out rate of the estate is reaching 95% or above.