SQUARE 21 in Tirana

Name: Sales in SQUARE 21 started!
Start: 2022-06-10T06:35:27.686049+00:00
End: 2023-12-31T23:59:59+0000
Location: SQUARE 21

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Project info

Object ID: 20475

Finished at	December 2020
Price, m²	From 1800$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	11
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool 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

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

81,000$

Net profit

6,783$

Payback period

9.0 years

Avg property value increase per year

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About the project

Square21, Residential and service building 10 - 11 floors + 2 underground floors, 1 parking lot and 1 floor (underground) dedicated to entertainment and relaxation. SQ21 offers bright and spacious, recreational spaces, ventilated facades, acoustic insulation inside appliances, green spaces, gardens, swimming pools, sports facilities, shops, etc.

The Square21 complex offers over 1000 residential units. Apartments 1 + 1, 2 + 1, 3 + 1, 4 + 1 and 5 + 1. Everything for a living with the highest standards and the latest technology.

Near the Square21 complex you can find the ideal place for your business. With a location in the center of Tirana and maximum exposure through the modern facade.

With a basement dedicated to car parking, the Square21 complex offers modern and safe parking for residents and businesses nearby.

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