Arshakunyats 192 in Yerevan

Name: Sales in Arshakunyats 192 started!
Start: 2022-08-12T07:01:45.864403+00:00
End: 2023-12-31T23:59:59+0000
Location: Arshakunyats 192

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Project info

Object ID: 21668

Finished at	December 2023
Price, m²	From 1300$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 67.50 m²
Floors	12
Apartments	72
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

87,100$

Net profit

7,813$

Payback period

8.6 years

Avg property value increase per year

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About the project

We present to your attention a residential building under construction at 192 Arshakunyats Street.

The building consists of 14 residential and 4 underground parking floors. The 1st floor has a public purpose. Each floor has 6 apartments with an open balcony. Ceiling height 3.10 m, floor leveling layer 25 cm for sound and heat insulation. The apartments will be delivered in a plastered state and with high-quality electrical wiring. The front door is metal, soundproofed with wooden panels, aluminum windows. The building will have individual heating, high quality Grundfos pumps and Edinburgh elevators. On the territory there will be green areas, playgrounds and areas for good rest. The building will be covered with travertine.