MELLE in Ghent

Name: Sales in MELLE started!
Start: 2022-01-13T10:16:02.589088+00:00
End: 2023-12-31T23:59:59+0000
Location: MELLE

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Project info

Object ID: 17261

Finished at	April 2021
Price, m²	From 2965$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 138.00 m²
Floors	3
Apartments	5
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

409,170$

Net profit

9,376$

Payback period

34.8 years

Avg property value increase per year

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About the project

Residence Vervaene meets the highest requirements in terms of contemporary comfort and energy performance. Thanks to good architectural interventions, all apartments offer a great sense of space. The available surface is used optimally.

On the ground floor there are two apartments with a garden and a terrace, on the first floor there is a very spacious 3-bedroom apartment with an exceptionally large terrace. Furthermore, on the second floor there is a 2-bedroom apartment with two cozy sun terraces and finally there is the roof apartment. Thanks to the carports and communal bicycle shed, you can safely park your car and bicycle.

All apartments are Near-Energy Neutral, with an E-level lower than or equal to 30. They are equipped with underfloor heating, which ensures a constant and pleasant temperature in the house. Each apartment also has solar panels to generate its own electricity.