Greenville in Yerevan

Name: Greenville
Brand: Arcada
SKU: 21647
Availability: InStock

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Project info

Object ID: 21647

Finished at	December 2022
Price, m²	From 1600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	5
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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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

104,000$

Net profit

7,813$

Payback period

10.3 years

Avg property value increase per year

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About the project

Greenville - The quarter is being built in the youngest and fastest growing community of Yerevan - in Davitashen, 990 meters from the "Yerevan City" supermarket, at the end of Tigran Petrosyan Street, on a fully fenced plot of 13,000 sq. m. Development is only 20% of the total land area, and the remaining 80% is provided for landscaping and recreation areas, there are 3 apartments on each floor except the first floor. 3- and 4-room apartments have a correct and competent layout, a three-sided sunny arrangement and more than 7 external windows, and from the guest room and kitchen of 2 rooms there is access to beautiful sunny open balconies. The geographical location of the quarter will allow your family to break away from the noise of the capital and enjoy the time spent in a cozy home, family warmth and harmony, and, if necessary, reach any public facility in 3-5 minutes on foot.

Developer

Welcome to the official website of "Arkada Construction" SP company. We are glad to welcome you and we are sure that here you can get reliab…
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