PARK BOURGOYEN in Ghent

Name: Sales in PARK BOURGOYEN started!
Start: 2022-01-05T18:21:07.093268+00:00
End: 2023-12-31T23:59:59+0000
Location: PARK BOURGOYEN

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Construction

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Project info

Object ID: 17083

Finished at	September 2022
Price, m²	From 7680$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	4
Apartments	113
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

422,400$

Net profit

7,229$

Payback period

44.5 years

Avg property value increase per year

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About the project

Are you looking for a property that is located in the city, yet surrounded by an oasis of peace and greenery? Choosing an apartment or house in Park Bourgoyen means choosing the ultimate combination: the vitality of the city and the tranquility of the greenery. Both the houses and the apartments are luxurious and finished to perfection with sustainable materials. The entire site flows seamlessly into the Bourgoyen-Ossemeersen nature reserve through the adjacent park of 6,100 m2, so that the whole fits perfectly harmoniously into the landscape. So you can fully enjoy the peace and greenery.

Park Bourgoyen comprises 5 different buildings. It contains 113 newly built apartments, with different typologies ranging from studios and 2- and 3-bedroom apartments. Underground parking spaces are provided.