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Malibu Residence in Baku

Name: Sales in Malibu Residence started!
Start: 2019-12-20T06:22:41.130714+00:00
End: 2023-12-31T23:59:59+0000
Location: Malibu Residence

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Project info

Object ID: 2783

Finished at	June 2020
Price, m²	From 1060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	14
Apartments	540
Condition	Black walls
Ceiling height	3.60 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Sahil 6 min Nizami Gəncəvi 9 min İçərişəhər 10 min 28-may-subway 12 min Gənclik 20 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

55,120$

Net profit

7,229$

Payback period

5.8 years

Avg property value increase per year

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About the project

Malibu Residence is a premium residential complex in Baku.

Location

The facility will be located in the Nasimi district, a twenty-minute walk from the sea. LCD "Malibu Residence" will be located 5 minutes walk from the station. Nizami metro station.

What's around

The residential complex will be located near many attractions and parks: the Free Woman monument, the Fizuli monument, the Fizuli park, Fountains Square.

Walking distance to a shopping center, supermarkets, pharmacies, restaurants, as well as secondary school No. 18.

A distinctive feature of the LCD "Malibu Residence" is a panoramic view of the sea, the distance to which is only 2 km.

Architecture

The exterior of the 14-story new building is exquisite, and the architecture is quite complex.

The facade is decorated with Italian ceramic granite and German double-glazed windows.

It is planned to build 6 buildings: 4 rectangular houses and 2 candles.

Territory inside

The facility has a large courtyard with an area of 8,200 m2, with two-story parking and parking for guests.

For children on the territory there is a children's entertainment center, a football and basketball court. Adults can visit the 18-meter swimming pool, gym and spa.

Developer

Winter City Group has been working in the construction industry for over 10 years and builds premium buildings that meet international stand…
Details about Winter City Group