Kievyan Residance in Yerevan

Name: Sales in Kievyan Residance started!
Start: 2022-08-09T11:30:18.334281+00:00
End: 2023-12-31T23:59:59+0000
Location: Kievyan Residance

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Project info

Object ID: 21637

Finished at	September 2023
Price, m²	From 2250$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	7
Apartments	40
Condition	Turnkey
Construction type	Monolyth
Security	CCTV 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

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

96,750$

Net profit

6,783$

Payback period

10.7 years

Avg property value increase per year

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Promos and discounts for Kievyan Residance

About the project

Ideal location, high construction standards, implementation of the future: build your own comfortable environment in Kievyan Residance, and comfort is not only good living conditions, but also highly developed infrastructures and affordable communications. Let's open "Kyiv Residence" together․

This is a modern premium class complex with 7 ground and 3 underground floors with 40 apartments, which are distinguished by panoramic views of the Kyiv bridge, the Hrazdan Gorge and Mount Ararat. The complex is located in one of the most significant and ecologically clean districts of Yerevan, on the slope of the Hrazdan Gorge, next to the Kyiv bridge and the SAS supermarket, at Barbusa 66.

It is one of the key features of the complex: it is close to all communication routes, the most important infrastructures (Sports and Concert Complex, Kyiv Bridge, Tumo Park, Dalma Mall, metro, SAS supermarket, restaurants, etc.), which will allow the future buyer to use the apartment also as a high yield investment property.

Among the new buildings, the complex is distinguished by its modern architecture. The exterior cladding of the building is white travertine, the main part of the facade is glass. The complex has two underground parking lots, 2 commercial and 6 residential floors.

The complex and its territory are provided with a reception, a waiting room, a 24/7 concierge, a general heating and ventilation system.

The complex has apartments with 43.2 sq. m to 155 sq. m, with 2-4 rooms and competent planning, stained glass windows.

The apartments will be delivered with high quality exterior doors and windows, divided by rooms, plastered walls, flat floors. When purchasing an apartment in "Kievyan Residance", you can pay both in cash, in installments, and through mortgage lending.

Developer

Estate Investment and Development, based on the principle that each square meter should have its own target value, chose the 1SQ logo, which…
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