Butik-12 in Baku

Name: Sales in Butik-12 started!
Start: 2019-12-19T13:08:47.593159+00:00
End: 2023-12-31T23:59:59+0000
Location: Butik-12

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Project info

Object ID: 2771

Finished at	June 2020
Price, m²	From 680$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	12
Apartments	50
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Spa Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Azadlıq prospekti 9 min Dərnəgül 13 min Gənclik 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

51,000$

Net profit

8,283$

Payback period

4.8 years

Avg property value increase per year

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About the project

The exclusive Premium Butik-12 Project, the construction work of which began in June 2019, will be commissioned to residents for repair within 12-14 months. Since this Premium Project consists of one block of 12 floors and 50 apartments, a special approach is taken to it. The building, whose facade is planned to be built from Aglay-Fiber-concrete, is located in the 7th microdistrict, near the Azadlig metro station. The favorable location of this Premium project, built near the Bollug bazaar, schools number 244 and 126, kindergarten number 158, makes this project unique. In a luxurious courtyard with a playground, consisting of 3,000 square meters of green vegetation and trees, all conditions will be created so that your children play safely there. After full completion, this complex will be provided with an extract from the State Register of the Real Estate Committee.

Metro Azadlig School number 126 School number 244 School number 158 Music School Number 11 Araz Supermarket

Developer

The construction company Olympus Park is a well-known developer whose popularity is based on a competent combination of applying their own e…
Details about Olympus Park