Boulevard de Wielingen 33-305, Cadzand

Boulevard de Wielingen 33-305, Cadzand

Cadzand

Beach on foot

€529,000

Asking Price

1

Bedrooms

59 m²

Living Area

Recreatie

Recreatiebestemming

Price
€529,000
Net yield
0.0%
Inquire
1-bedroom holiday home in Cadzand — photo 1 of 5
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Boulevard de Wielingen 33-305, Cadzand

Cadzand · Zeeland Coast · Ref BF-5048Source · Verhage-Lemahieu · listed 21 Jun 2026
Asking price
€529,000
Net yield
0.0%
Gross on asking
5.1%
Est. revenue / yr
€26,936
Bedrooms
1
Built area
59 m²
Brixfox Score 43 · DKoop (eigen grond)RecreatiebestemmingFinancial analysis ↓
Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
0.0%
€-3,349 net operating income /yr
Gross yield · all-in basis
4.6%
−4.6 pts in operating costs & local taxes
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Cadzand — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by our measured, market-calibrated asking-to-booked factor. Occupancy is calibrated against tracked reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
€154
Comp median nightly rate (asking prices, class-matched)
Expected occupancy
48%
Full-year estimate, market-calibrated
Projected annual revenue
€26,936
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
€
Acquisition costs· 8.6% of price, auto-calculated
€45,320
Overdrachtsbelasting (transfer tax)€42,320
Notary & Kadaster€1,800
Legal advice€1,200
Renovation budget· no measured Netherlands basis — enter your own quote
€
Furniture & STR launch
€
All-in investment
€583,320
+10.3% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
€26,936
Rental management
−€8,081
Booking channel fees
−€1,077
Cleaning & consumables
−€1,347
Park charge (parkbijdrage)
€/yr−€1,750
Utilities (energy, water, internet)
€/yr−€1,500
Property tax (OZB)
−€495
Maintenance reserve
−€4,232
Insurance
−€300
Box 3 wealth tax
−€11,503
Net operating income
€-3,349/yr
Net yield on all-in investment
0.0%

Rental turnover above €20,000 a year falls under 21% BTW — the lodging rate since 1 January 2026; camping pitches keep 9% — below it the kleineondernemersregeling (KOR) applies. Financing is not modelled: a mortgage lowers the Box 3 bill (debt at a 2.70% forfait) and adds interest.

This property does not break even: the costs above exceed its rental income by €3,349/yr. The yield is reported as 0% rather than a negative figure, which is what every listing card, map pin and comparison on the site shows.

Total return, if prices move

Net yield plus an appreciation assumption you choose. Appreciation is a forward-looking assumption, not data — which is why it defaults to 0% and is kept out of the yield figures above.
Annual appreciation assumption0%
0%2.5% · Cadzand 5-yr avg — historical, not a forecast8%
Indicative total return
0.0%/yr
0.0% net yield + 0% appreciation
Appreciation assumptions are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Cadzand · Zeeland Coast

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

43D
Rental YieldWeak
0.0% net yield on all-in cost
LettingPending
Letting regime not stated
OccupancyAverage
48% average occupancy
Nightly RateAverage
€154 per night
Visual AppealPending
Analysis pending
Size & SpacePending
59 m² interior — plot not stated
ZoningStrong
Recreatiebestemming stated in the listing
TenureStrong
Koop on eigen grond
In a tourism zone where short-term rental is permitted — eligible for a Pondok Wisata licence
Koop on eigen grond — full ownership of home and plot, no ground lease to renew
Net yield of 0.0% (fully managed, on all-in cost) is below the market average — model your cashflow carefully
Occupancy at 48% — factor in seasonal gaps

Below market for this price point.

Risk & what-if

TenureKoop (eigen grond)eigen grond · no lease decay
Payback111.8 yearsfrom net rent at the expected case
Before you buy

The park, the zoning and the tax the numbers rest on

Read from the listing, never a permit

The listing mentions holiday letting

Letting is referred to in the listing, but the text does not say under which regime — free independent letting or a park rental pool. Which of the two applies materially changes net yield, so treat it as the first question to the selling agent.

Does not cover its running costs

On the revenue this property is modelled to earn and the annual charges deducted above, the costs exceed the rental income. The yield is shown as 0% rather than as a negative number — treat it as a cost to carry, not a return.

Permanent residence not permitted

Permanente bewoning niet toegestaan. This is a holiday-zoned home (recreatiebestemming): it may not be used as a year-round primary residence, and you cannot register at the address. That is normal for a Dutch recreatiewoning and says nothing about letting — the park contract and the municipality decide that. It also narrows the resale market to buyers who want exactly this.

Recreatiebestemming (recreatiewoning): permanent year-round residence is often not permitted — verify the municipality’s rules before buying.

The Netherlands has no national short-let register, so this is read from the listing — not a permit. Letting rules are set per municipality (and per park contract); confirm both with the gemeente and the seller before you buy. Guests pay toeristenbelasting per night wherever letting is allowed.

After-tax basis: net yield is on the all-in acquisition cost (asking price plus 8% overdrachtsbelasting, notary, legal and furnishing) and after Dutch Box 3 — a deemed return of 6.00% on the home's value, taxed at 36%, not a tax on the rent received. Park charges (the listing's figure where it states one, otherwise a market assumption you can edit in the P&L), utilities and a letting-agency share are deducted. Financing lowers the Box 3 bill — debt counts against it at a 2.70% forfait — and is not modelled here. Rental turnover above €20,000 a year falls under 21% BTW — the lodging rate since 1 January 2026; camping pitches keep 9% — below it the KOR applies. Box-3 rules are under reform; confirm with a Dutch tax adviser.

Property details

Year built: 2022
Energy: e
Beach: Beach on footListing: “Een comfortabele uitvalsbasis aan de Zeeuwse kust, waar het strandgevoel wordt gecombineerd met het gemak van alle voorzieningen van Cadzand-Bad op loopafstand.”

Listing text from the makelaar, in Dutch

33 at Sea is een kleinschalig appartementencomplex in het hart van Cadzand-Bad, bestaande uit slechts 10 appartementen en 5 penthouses. Het complex ligt aan de voet van de duinen, op korte afstand van zowel het strand als het gezellige centrum. Dit verzorgde appartement bevindt zich op de derde verdieping, aan de rustige achterzijde van het gebouw. Zodra u het complex verlaat, heeft u alles binnen handbereik. Direct naast het gebouw ligt een gezellig pleintje met diverse terrassen, een supermarkt en drogist. Ook de duinovergang naar de uitgestrekte stranden van Cadzand-Bad bevindt zich vlakbij. Het appartement beschikt over circa 58,2 m² gebruiksoppervlakte en onderscheidt zich door de praktische indeling, de aangename leefruimte en vooral het royale terras van circa 15,5 m². Zowel de woonkamer als de hoofdslaapkamer staan rechtstreeks in verbinding met deze fijne buitenruimte. De warme houttinten van de keuken, gecombineerd met het donkere werkblad en de rustige kleurstelling van het interieur, zorgen voor een eigentijdse en sfeervolle uitstraling. Daarnaast biedt de extra slaapruimte plaats aan bijvoorbeeld een stapelbed, waardoor het appartement ook prettig te gebruiken is met kinderen of gasten. Een comfortabele uitvalsbasis aan de Zeeuwse kust, waar het strandgevoel wordt gecombineerd met het gemak van alle voorzieningen van Cadzand-Bad op loopafstand. Indeling Dit verzorgde appartement bevindt zich op de derde verdieping. Entree met hal, separaat toilet, praktische berging en toegang tot de verschillende vertrekken. De lichte leefruimte bestaat uit een comfortabele zithoek, eetgedeelte en open keuken. De keuken is uitgevoerd in warme houttinten en voorzien van een donker werkblad, spoelbak met zwarte kraan en diverse inbouwapparatuur. Via de woonkamer is het royale terras van circa 15,5 m² bereikbaar. Het terras strekt zich uit langs een groot gedeelte van het appartement en biedt voldoende ruimte voor zowel een zit- als eethoek. De ruime hoofdslaapkamer beschikt eveneens over directe toegang tot het terras. Centraal in het appartement bevindt zich de badkamer, voorzien van een ligbad, separate douche en wastafelmeubel. Het toilet is afzonderlijk gesitueerd. Aan de andere zijde van het appartement bevindt zich een tweede, compacte slaapruimte. Deze ruimte is op de oorspronkelijke plattegrond aangeduid als hobbyruimte, maar is ingericht als extra slaapkamer en biedt bijvoorbeeld plaats aan een stapelbed. Balkon Het appartement beschikt over een zuidelijk gericht, en ruim terras, perfect om warme zomeravonden te vertoeven met familie en vrienden. Bijzonderheden Dit appartement is volledig gasloos en door het gunstige energielabel bent u verzekerd van een lage energierekening. In de ondergrondse parkeerkelder is een parkeerplaats met berging aanwezig. Dit appartement is zowel permanent als recreatief bewoonbaar. Dit appartement wordt u aangeboden exclusief BTW. Wanneer u kiest voor het verhuren van het appartement, kunt u de BTW terugvragen bij de Belastingdienst.

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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

ROI calculations use verified Brixfox Intelligence rental data. Operating costs are modelled per line — Airbnb/Booking channel fees whoever manages, then either a full-service management commission or the staff/local operations a self-managing owner buys back, cleaning residual, utilities & insurance, local taxes — with every rate editable in the Financial analysis P&L above. Gross revenue is identical in both management scenarios. Market factors in Netherlands may impact actual yields.