KYIVPROEKT City Space in Kyiv

Name: Sales in KYIVPROEKT City Space started!
Start: 2021-06-25T12:12:42.196010+00:00
End: 2023-12-31T23:59:59+0000
Location: KYIVPROEKT City Space

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Project info

Object ID: 12734

Finished at	December 2024
Price, m²	From 3020$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 48.00 m²
Floors	24
Apartments	272
Condition	Black walls
Ceiling height	3.30 m.
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Teatralnaia 2 min Zolotye vorota 3 min Ploshchad Lva Tolstogo 6 min Dvorets sporta 9 min Maidan Nezavisimosti 9 min Kreshchatik 9 min Universitet 11 min Olimpiiskaia 13 min Pochtovaia ploshchad 15 min Kontraktovaia ploshchad 18 min Klovskaia 19 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

144,960$

Net profit

6,783$

Payback period

16.1 years

Avg property value increase per year

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About the project

KYIVPROEKT City Space is a reconstruction of the building of the former design institute "Kyivproekt" into a modern multifunctional space with residential, commercial, social and educational components. The project aims to create a new ecosystem in the center of Kyiv, in which architecture, design, art and technology will harmoniously complement each other.

The architectural idea is based on Bauhaus principles, which are as close as possible to Kyiv modernism - functionalism (the shape of buildings is determined by their main functions), the symbiosis of architecture and art, the integrity of geometric shapes, harmony between commercial and social spaces.

The commercial and social parts of the complex are represented by an 8-storey section, which will include eight functional zones. The residential part is a 24-storey section with 272 apartments. The windows of the apartments offer beautiful views of the city, public areas are filled with greenery all year round, and the house itself provides for the introduction of modern technologies for a comfortable life.

Developer

The company was founded in 2016 as Riverside Development. This name was symbolic for our team: we developed the areas near the Dnieper and s…
Details about Saga Development