Mirvari City in Sumqayit

Name: Sales in Mirvari City started!
Start: 2019-12-24T06:36:09.523410+00:00
End: 2023-12-31T23:59:59+0000
Location: Mirvari City

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Project info

Object ID: 2927

Finished at	March 2021
Price, m²	From 530$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	11
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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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

26,500$

Net profit

6,783$

Payback period

2.9 years

Avg property value increase per year

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Promos and discounts for Mirvari City

About the project

The residential complex Mirvari City is a unique new building with spacious ergonomic apartments on the beach.

Where is located

LCD “Mirvari City” in Sumgait is located on the seashore near the Martyrs' Alley on Samed Vurgun Street and is only one and a half kilometers from the city center.

Near the new building there are no large industrial enterprises or other facilities that may disturb residents of the complex. It has good ecology and a comfortable living environment.

What's near

In the neighborhood there is a lyceum, a kindergarten, several secondary schools. Go to high school number 15 to go no more than five minutes. Nearby is a recreation park, several cafes, banks, shops. Five hundred meters away is the Hamid-D sports complex, within a kilometer radius there is a cinema, an entertainment center and a night club. To the shopping center and the large clothing market "Caravan" is also about one kilometer.

Transport accessibility

Near the new building there is a bus stop - on the street. There are two routes running through Samed Vurgun. The distance to the central railway station Sumgait-Passenger does not exceed three and a half kilometers. Heydar Aliyev International Airport can be reached by car in one hour and five minutes.

Features and parameters of the complex

The new building consists of six houses designed in a style that combines futuristic elements and the typical classics inherent in local architectural solutions.

Buildings are being constructed in accordance with modern standards, taking into account seismic activity in the region. Each house has a reinforced concrete monolithic frame, red ceramic brick is used as a material for the walls. The facades are insulated with an environmentally friendly mineral wool heat insulator.

The buildings produce panoramic windows. Balconies, like loggias, have metal and stone fences, do not glaze.

The houses are equipped with silent comfortable elevators, the necessary engineering systems, fire alarms.

Territory of a new building

A variety of plants, tropical trees are planted on the development site. Walking paths, sidewalks are arranged, wide convenient driveways and places for temporary parking of cars are provided.

The owner of the apartment in the new complex will be able to use the underground car parking, sports and playgrounds or cozy recreation areas. Lanterns are installed on the territory of the new building.

On the ground floors and in the built-in and attached premises are shops, hairdressers, pharmacies, cafes, other urban and private infrastructure.

About the sale of apartments

You can buy an apartment for cash, the decision to provide an installment plan or mortgage is made on an individual basis.

For sale, housing is offered with one-, two-, three- and four-room layouts. The complex sells real estate with an area of 50-156 m2. You can clarify the technical characteristics of housing and read the documentation directly in the sales department.