De Wastuin in Antwerp

Name: Sales in De Wastuin started!
Start: 2021-12-23T12:49:31.841185+00:00
End: 2023-12-31T23:59:59+0000
Location: De Wastuin

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Property for sale in De Wastuin — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in De Wastuin — look at the real estate search engine GEOLN.COM. Photo 2

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Project info

Object ID: 16787

Finished at	October 2022
Price, m²	From 4500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	4
Apartments	80
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

292,500$

Net profit

7,813$

Payback period

28.9 years

Avg property value increase per year

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About the project

The former laundry Goossens will be given a new destination and will be upgraded to a place where it is pleasant to live.

The old industrial site in the Eikelstraat, which is part of a sought-after residential area in Oud Berchem, will be transformed into a residential project with about 80 town houses and apartments. The transformation is done with respect for what once was and with the preservation of a number of authentic elements such as the factory chimney, old walls, concrete facades and more.

Developer

Fides has a mission: to actively contribute to a thriving and liveable city where people feel at home. We are looking for special locations …
Details about Fides