Bisutun in Baku

Name: Sales in Bisutun started!
Start: 2019-12-19T13:33:29.754732+00:00
End: 2023-12-31T23:59:59+0000
Location: Bisutun

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Project info

Object ID: 2776

Finished at	June 2020
Price, m²	From 1770$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 173.00 m²
Floors	12
Apartments	20
Condition	Black walls
Ceiling height	3.30 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Sahil 6 min 28-may-subway 9 min İçərişəhər 11 min Nizami Gəncəvi 14 min Gənclik 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

306,210$

Net profit

9,376$

Payback period

26.0 years

Avg property value increase per year

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About the project

Residential complex on the street A. Guliyev / st. A. Aslanova - fashionable apartments in the heart of the capital!

New building location

LCD on the street A. Guliyev / st. A. Aslanova in Baku is located in the Nasimi region at a distance of eight hundred meters from the sea.

A wonderful neighborhood with a rich infrastructure provides all the possible needs of a city dweller. Nearby there are no industrial enterprises and noisy wide highways.

What is nearby

Near the new building there are many cafes, restaurants and various entertainment venues. Nearby are the Vyatan, Mini Cinema, Araz, Azerbaijan cinemas, as well as the Nizami Cinema, the cinema of the Azerbaijan Youth Cinema Center and the entertainment complex LaLiga Game Center - Mərkəz. Next door is the Russian Drama Theater, the Theater of Young Spectators, the Azerbaijan Musical Theater "Dovlet" and the Musical Theater named after Rashid Beibutov.

In the microdistrict it will be comfortable for parents with children - nearby are secondary schools No. 1, No. 8, No. 23, No. 7, No. 16 and several prestigious kindergartens. There is no shortage of grocery stores and supermarkets. Nearby there are medical and banking facilities, pharmacies and beauty salons.

Architecture and technical characteristics of the complex

New building - an eleven-story building with one entrance, equipped with a noiseless passenger and freight elevator. The presented complex is being built using modern technologies, the project includes high energy efficiency and seismic resistance indicators. The characteristics of the apartments comply with modern standards adopted for premium housing.

The building has a concrete monolithic foundation and a monolithic frame. The facade is insulated and lined with natural environmentally friendly materials.

Inland

The new building has a small adjoining territory, on which the equipment of temporary parking spaces for cars, the installation of lawns, driveways and footpaths are provided. An underground parking is being constructed in the basement of the building. Ornamental plants and trees are planted in the courtyard, streetlights are installed.

Transport accessibility

The nearest metro station "Sahil" is located five hundred meters from the new building. Six bus routes run nearby, with traffic organized at a minimum interval of five minutes. The Baku-Passenger railway station is more than a kilometer away; you can reach the Heydar Aliyev International Airport by car in about an hour.

Realization of apartments

You can buy an apartment in a new building with an area of 174-234 m2 with three and four rooms in a modern ergonomic layout. Each apartment has at least one unglazed balcony and one loggia with panoramic glazing.

The developer offers an interest-free loan for up to two years, or you can pay the full price right away. The conditions under which the sale of real estate is carried out should be clarified additionally at the company's office.

Developer

Established in 2001, Caspian Service became one of those developers who stood at the origins of the revival of the primary real estate marke…
Details about Caspian Service