ALTANA LUXURY RESIDENCE in Tirana

Name: Sales in ALTANA LUXURY RESIDENCE started!
Start: 2022-06-09T06:57:09.688697+00:00
End: 2023-12-31T23:59:59+0000
Location: ALTANA LUXURY RESIDENCE

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Project info

Object ID: 20464

Finished at	December 2022
Price, m²	From 2400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	10
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

192,000$

Net profit

8,283$

Payback period

18.1 years

Avg property value increase per year

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About the project

Introducing a modern way of living, a community that gives value to both the contemporary and green spaces, creating a bond between the inner modern & communal green structures as well as the outter nature and city life.

The Altana Luxury Residence is identified by its contemporary architectural features as its pure, simplistic shape enriched by the tilted planes and holes. The usage of volumes create a suggestive shadow play, enhanced by the red Persian marble. The 10 floor residence consists of 3 levels of underground parking, a mixed use entrance level (commercial area and reception) and 9 levels of luxury apartments. The latter exist in 12 different typologies, varying in shape and size, and providing private terraces. The two public green terraces crown the design of the modern building.

The Altana Luxury Residence is strategically located on Rruga Liman Kaba, and it is part of the general urban renewal plan for the capital of Tirana. Well connected to the new high way and both the inner and outer city, you will find the Artificial Lake of Tirana just a short walk away. Perfectly situated to combine the eclectic city and the calming nature.