Saturday, October 17, 2009

A villa for sale


We came across this villa which is being used as a B&B, a very nice property. Asking 400k Cdn, has an annual sales of 80k cdn. Therefore, after expenses, should still net 15%, which is a decent return. Here is the link: http://www.flickr.com/photos/djsony/sets/72157600913347200/show/
Excellent location. Its down the street from our condo, across from the tennis club, in the best part of Meilun. It is very unique because the outside walls of the building uses a blend of coral and cement, which gives it that whitewashed look similar to the Meditteranean villas.

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