Morgensterwei 22, Kortgene

Morgensterwei 22, Kortgene

Kortgene

€399,500

Asking Price

2

Bedrooms

66 m²

Living Area

Recreatie

Recreatiebestemming

Price
€399,500
Net yield
1.9%
Inquire
2-bedroom holiday home in Kortgene — photo 1 of 5
Makelaarskantoor Wisse Vastgoed
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2-bedroom holiday home in Kortgene — photo 2 of 5
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2-bedroom holiday home in Kortgene — photo 3 of 5
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2-bedroom holiday home in Kortgene — photo 4 of 5
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2-bedroom holiday home in Kortgene — photo 5 of 5
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Morgensterwei 22, Kortgene

Kortgene · Zeeland Coast · Ref BF-642Source · Makelaarskantoor Wisse Vastgoed · listed 21 Jun 2026
Asking price
€399,500
Net yield
1.9%
Gross on asking
9.4%
Est. revenue / yr
€37,597
Bedrooms
2
Built area
66 m²
Land
356 m²
Brixfox Score 65 · BKoop (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.
1.9%
€8,677 net operating income /yr
Gross yield · all-in basis
8.4%
−6.5 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 Kortgene — live calendar data.

Found on Airbnb

This exact vacation home, photo-verified at 98% confidence — its own track record, not a comp estimate

Verified

Its name, link and guest reviews are Pro evidence

10%booked
4.9rating
61reviews
$211per night

Pro evidence

Calendar-tracked performance

We track this exact listing's availability calendar daily. Over the recent 3-month window it was booked 10% of nights, and it advertises $211/night. The occupancy is measured. The nightly rate is what the host asks — Airbnb does not publish what a night actually sold for, so no source anywhere has the earned rate. The projections below deliberately stay on the area's market median rather than this single window, so short-window peaks or gaps don't swing the underwriting — where they differ, treat this card as the listing's own track record and the model as the conservative base case.

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
€251
Comp median nightly rate (asking prices, class-matched)
Expected occupancy
41%
Full-year estimate, market-calibrated
Projected annual revenue
€37,597
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· 8.8% of price, auto-calculated
€34,960
Overdrachtsbelasting (transfer tax)€31,960
Notary & Kadaster€1,800
Legal advice€1,200
Renovation budget· no measured Netherlands basis — enter your own quote
€
Furniture & STR launch
€
All-in investment
€449,460
+12.5% 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
€37,597
Rental management
−€11,279
Booking channel fees
−€1,504
Cleaning & consumables
−€1,880
Utilities (energy, water, internet)
€/yr−€1,500
Property tax (OZB)
−€374
Maintenance reserve
−€3,196
Insurance
−€500
Box 3 wealth tax
−€8,687
Net operating income
€8,677/yr
Net yield on all-in investment
1.9%

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.

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% · Kortgene 5-yr avg — historical, not a forecast8%
Indicative total return
1.9%/yr
1.9% 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

Kortgene · Zeeland Coast

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

65B
Rental YieldWeak
1.9% net yield on all-in cost
LettingPending
Letting regime not stated
OccupancyWeak
41% average occupancy
Nightly RateGood
€251 per night
Visual AppealPending
Analysis pending
Size & SpaceGood
356 m² land area
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 1.9% (fully managed, on all-in cost) is below the market average — model your cashflow carefully
Occupancy at 41% — factor in seasonal gaps

Worth underwriting.

Risk & what-if

TenureKoop (eigen grond)eigen grond · no lease decay
Payback20 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

Letting regime not stated in the listing

Nothing in this listing states whether the home may be let to holiday guests, or under which regime. Recreational zoning generally makes tourist letting the intended use, but the municipality and — in a park — the park contract decide.

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.

Park: vakantiepark Deltona

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; the park charge is the figure this listing states rather than a market assumption. 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: 1970
Energy: a

Listing text from the makelaar, in Dutch

Vrijstaande recreatiewoning op eigen grond met serre op zonnig perceel, op slechts een paar honderd meter van het Veerse Meer gelegen in het gezellige havenplaatsje Kortgene. De woning ligt aan de Morgensterwei, een rustig en groen pleintje met een speelweide. De bungalow, oorspronkelijk gebouwd in 1970, is in 2024 volledig gerenoveerd. De sfeervolle, goed afgewerkte woning biedt een moderne uitstraling met behoud van karakter, en beschikt over een lichte woonkamer met open keuken en een ruime, volledig van dubbelglas voorziene serre die het wooncomfort aanzienlijk vergroot. Dankzij de grote schuifpui loopt u direct de zonnige, op het zuiden gelegen tuin in. Kortgene heeft een jachthaven, diverse winkels en restaurants en is dé plek om het hele jaar door te genieten van rust, natuur en ontspanning! RECREATIEWONING/FERIENHAUS/HOLIDAY HOME Indien u eigenaar wordt na 1 januari 2026 profiteert u van het verlaagde tarief overdrachtsbelasting 8% i.p.v. 10,4%. Indeling: De entree geeft toegang tot de lichte living met luxe open keuken, voorzien van moderne inbouwapparatuur. Vanuit de woonkamer bereikt u de aangename serre, die dankzij de grote raampartijen een prachtige verbinding vormt tussen binnen en buiten. Via de gang bereikt u de badkamer met inloopdouche en wastafel, een separaat toilet, en een ruime slaapkamer met veel lichtinval. Een tweede slaapkamer is direct vanuit de woonkamer bereikbaar. Daarnaast beschikt de woning over een praktische berging, die van buitenaf toegankelijk is. Ideaal voor fietsen, tuingereedschap of strandspullen. Buitenruimte: De zonnige, onderhoudsvriendelijke tuin rondom de woning biedt veel privacy dankzij de groene hagen. Vanuit de serre en de woonkamer loopt u direct het terras op, waar u heerlijk kunt ontspannen of buiten kunt dineren. De tuin is grotendeels voorzien van bestrating en een net gazon, waardoor u weinig onderhoud heeft en optimaal kunt genieten van de buitenlucht. De ligging op het zuiden zorgt voor zon van ’s ochtends tot ’s avonds en maakt dit een ideale plek om het hele jaar door tot rust te komen. Bovendien beschikt de woning over parkeergelegenheid op eigen terrein. Locatie: Deze recreatiewoning bevindt zich op het rustige vakantiepark Deltona (geen parkkosten) in Kortgene, een charmant dorp aan het Veerse Meer. Dankzij de ligging aan het water is dit een ideale plek voor watersportliefhebbers. Het park heeft een ruime opzet, omringd door groen, wat zorgt voor een prettige en ontspannen sfeer. Uniek is dat er geen parkkosten van toepassing zijn. De woning is gelegen aan de achterzijde van het park, waardoor u profiteert van extra rust en privacy. Steden zoals Goes en Zierikzee zijn binnen circa 15 minuten met de auto te bereiken. Interesse? Neemt u contact op met ons kantoor voor het maken van een afspraak, wij verzorgen u graag een rondleiding door de woning. Makelaarskantoor Wisse Vastgoed, Thuis in Zeeland. Wellicht tot binnenkort!

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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.