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Элит Груп

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Severnyy Luch 2 in Yerevan

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Project info

Object ID: 21655

Finished at	December 2022
Price, m²	From 1400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 116.00 m²
Floors	3
Apartments	27
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	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

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

162,400$

Net profit

9,376$

Payback period

13.8 years

Avg property value increase per year

6%

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About the project

"Elite Group" presents its new premium project "Northern Luch 2".

This is a continuation of "Northern Beam 1" in the area of the most beautiful houses in Yerevan.

Victory Park, or, as Yerevan residents also call it, Monument has become the most favorite place for luxurious villas.

The new area will house 4 types of 27 villas.

Developer

Details about Элит Груп

Hotline

+1 855 588 8066

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Severnyy Luch 2 on the map of Yerevan

Nor Arabkir, Yerevan, Armenia

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