Torino in Richmond

Name: Sales in Torino started!
Start: 2020-11-02T07:23:02.957927+00:00
End: 2023-12-31T23:59:59+0000
Location: Torino

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Project info

Object ID: 10158

Finished at	May 2021
Price, m²	From 8200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	18
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

434,600$

Net profit

7,229$

Payback period

45.8 years

Avg property value increase per year

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About the project

Introducing Torino - Pinnacle Living at Capstan Village, the newest phase to the landmark community of distinctive, contemporary residences offering exceptional quality and value.

Continuing from the first five buildings in Phase 1, the second phase offers three additional towers centered and surrounded by lush green landscaped courtyards, gardens, fire pits, benches and al-fresco dining areas. Located across the street is a public park and great lawn where family and friends gather for playing and relaxing.