PHARMACY 10 in Tirana

Name: Sales in PHARMACY 10 started!
Start: 2022-06-09T12:50:44.715881+00:00
End: 2023-12-31T23:59:59+0000
Location: PHARMACY 10

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Project info

Object ID: 20473

Finished at	October 2022
Price, m²	From 1375$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 98.00 m²
Floors	12
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area 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

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

134,750$

Net profit

9,376$

Payback period

11.5 years

Avg property value increase per year

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About the project

Pharmacy 10 is a residential, service and hotel building 2, 8, 9, 10 and 12 floors with 2 floors underground parking. The building is located east of the city of Tirana, on one of its main streets, on the Rruga E Dibrës, near the Ring Road. This area is developing rapidly, especially in recent years, as a residential area with all the facilities and services that accompany residential centers.

Partition walls between apartments and partition walls with staircases will be thermally insulated using 50 mm thick mineral wool placed between two walls of 10 cm.

The technology used for thermal insulation enables you to have a cool living environment in summer and warm in winter, saving you electricity.

The inner yards that are created will be treated with green spaces to provide the best and most comfortable outdoor environment for the residents of the building: squares, sidewalks, greenery, outdoor lighting, recreational facilities and service spaces for grass, cafe, restaurant, etc.

Developer

ARLIS CONSTRUCTION was founded in 2008 with headquarters at Kavaja street, near The Municipal Police, Tirana – Albania. The activity of the…
Details about ARLIS CONSTRUCTION