NIEUW KRALINGEN in Rotterdam

Name: Sales in NIEUW KRALINGEN started!
Start: 2021-12-17T12:14:28.741518+00:00
End: 2023-12-31T23:59:59+0000
Location: NIEUW KRALINGEN

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Project info

Object ID: 16532

Finished at	May 2030
Price, m²	From 6500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 130.00 m²
Floors	4
Apartments	800
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

845,000$

Net profit

9,376$

Payback period

71.9 years

Avg property value increase per year

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About the project

Program

A maximum of 800 homes are planned on the 26-hectare site: mainly owner-occupied homes, vacant lots and also private sector rental homes. A residential care facility is also included in the plan, for example for people with a physical or mental disability or with memory problems. With the development of Nieuw Kralingen, the city can increase the housing supply of centrally located spacious homes and respond to the demand from families and seniors with higher incomes. On the north side of the residential area, a new business strip will be created as a transition zone between the current business park and the homes.

Durability

Nieuw Kralingen will be a future-proof, sustainable residential area with high ambitions on the themes of Energy, Water, Mobility, Circularity, Social and Green. The sustainability ambitions are an integral part of the area developments and grow with the times. In this way, the latest insights can also be used in the future.

Relocation Bosdreef

The current Bosdreef will be relocated to the north side of the plan area so that in the future the residential area will connect to the Kralingse Bos without any barriers. The realigned Bosdreef then connects a bit more to the north with the Boezemlaan. This is expected to mean that some of the current users of the Bosdreef will use other routes in the future.

Schedule

The desire to realize a residential area on this location has been around for some time. The area is designated as a development location in the City Vision 2007. After processing all responses to the draft area vision, the amended vision is submitted to the municipal council for adoption. A draft zoning plan will then be made available for inspection. Construction of the first homes will start at the end of 2018 at the earliest. The total development could take 15 years.

Developer

ERA Contour has been working in the city for over 20 years. As a result, we are used to listening carefully to consumers and making products…
Details about ERA Contour B.V.