Lakeland Residence in Tirana

Name: Sales in Lakeland Residence started!
Start: 2022-06-09T10:27:04.884498+00:00
End: 2023-12-31T23:59:59+0000
Location: Lakeland Residence

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Project info

Object ID: 20469

Finished at	June 2023
Price, m²	From 1800$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 257.00 m²
Floors	2
Apartments	14
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near supermarket
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Personal discount certificate 300$
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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

462,600$

Net profit

9,376$

Payback period

39.4 years

Avg property value increase per year

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About the project

"Lakeside" Residence, a new residence with villas and apartments, which overlooks Lake Farka, with a very good location between the greenery and fresh air. The area is developed with residential villa complexes, well-known bars / restaurants, with regular infrastructure and easily accessible to Tirana, TEG Shopping Center, etc.

The residence is designed with modern architecture and has natural light throughout the day thanks to the very good orientation. It will offer high quality works and finishes, impressive views of the lake, residential buildings surrounded only by greenery, services, the apartments will be with elevator, security and administration 24 hours, elite community, etc.

"Lakeside" Residence is a complex with residential villas, and 2, 3 floor apartments. The complex consists of 14 villas of different individual typologies and attached, and a residential building with 3-storey apartments. The residence has a perimeter wall and swimming pools.

Individual villa for sale 2 floors + basement with construction area 257.8 m2 + 27.25 m2 veranda + 294 m2 yard. The basement consists of a garage for 2 cars. The ground floor is organized by living room, separate kitchen + dining room and toilet with window. The first floor is organized by matrimonial room + wardrobe + toilet with window, 2 bedrooms, toilet with window and balcony.