Negenhoek in Brussels

Name: Sales in Negenhoek started!
Start: 2022-01-18T07:17:54.296546+00:00
End: 2023-12-31T23:59:59+0000
Location: Negenhoek

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Project info

Object ID: 17340

Finished at	December 2023
Price, m²	From 3700$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 110.00 m²
Floors	3
Apartments	27
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

407,000$

Net profit

9,376$

Payback period

34.6 years

Avg property value increase per year

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About the project

Halfway between Leuven and Brussels you will find cohousing Negenhoek. A cozy & sustainable neighborhood of 13 homes and 14 apartments is being created on the former chicory nursery on Engelenstraat in Kortenberg. In addition, the residents share a pavilion with a hall, kitchen, workshop, children's play corner, sitting area, coworking, laundry bar, guest rooms, storage room, etc.

Special about this project is the diverse group of residents, young and old, and the unique location in the green near Kortenberg station and the bicycle highway to Brussels and Leuven. You can reach Leuven or Brussels in 15 minutes by train, but also a stone's throw from the E40, E19 and E314.

The center of lively Kortenberg full of shops and restaurants is nearby. In addition, you can enjoy a green environment with the valley of the Weesbeek and the Molenbeek within walking distance. Here you can enjoy a close-knit neighborhood with a large, green shared garden!