Park Avenue Residence in Baku

Name: Sales in Park Avenue Residence started!
Start: 2019-12-23T13:13:03.303558+00:00
End: 2023-12-31T23:59:59+0000
Location: Park Avenue Residence

Renders

Construction

Live Stream

Property for sale in Park Avenue Residence — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Park Avenue Residence — look at the real estate search engine GEOLN.COM. Photo 2

Reviews about Park Avenue Residence

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 2913

Finished at	December 2021
Price, m²	From 800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 97.00 m²
Floors	8
Apartments	161
Condition	Black walls
Ceiling height	3.45 m.
Construction type	Monolyth
Elevators	1
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
Add to free Travel & Invest tour
Add to autotour
Personal discount certificate 300$
Free consultation	Ask a question

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

77,600$

Net profit

9,376$

Payback period

6.6 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Park Avenue Residence

About the project

Location

The Park Avenue Residence residential complex is located on the Karabakh Horseshoe Square of the Central Park Quarter - a calm green area in the city center with residential buildings of low altitude, located on an elevation of more than 25 m above sea level. The area with a complex of fountains of 7 horses in the middle of a wide landscaped Central East Avenue, dividing the territory into its western and eastern parts, will become the heart of this quarter.

The convenient location of the complex provides quick access to Babek Avenue, through which it is easy to reach both the historical city center and the Heydar Aliyev International Airport. A new metro station with exits along Babek Avenue is planned in the northern part of the quarter. Designed in the neighborhood secondary schools, parks, modern business and shopping centers make the residential complex Park Avenue Residence one of the most convenient and attractive places to stay.

Non-residential premises and underground parking

On the ground floor of the Park Avenue Residence residential complex, 18 spacious commercial buildings with ceiling heights of up to 6 meters were designed. Also, for the convenience of the residents of the complex, a two-story underground garage for 141 cars was designed, as well as an underground parking for 32 cars.