DE MOTTE in Ghent

Name: Sales in DE MOTTE started!
Start: 2022-01-12T06:54:12.123514+00:00
End: 2023-12-31T23:59:59+0000
Location: DE MOTTE

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Project info

Object ID: 17203

Finished at	September 2022
Price, m²	From 3400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	3
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

272,000$

Net profit

8,283$

Payback period

25.6 years

Avg property value increase per year

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About the project

De Motte comprises newly built apartments, renovated apartments and townhouses. Large sun terraces and beautiful gardens offer residents a wonderful view of the green courtyard and the cloister garden of the Carmelite Fathers.

By paying extra attention to authentic elements, in combination with high-quality materials and the latest techniques, this project becomes truly unique.