PARKVIEW in Ghent

Name: Sales in PARKVIEW started!
Start: 2022-01-13T07:13:29.847422+00:00
End: 2023-12-31T23:59:59+0000
Location: PARKVIEW

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Project info

Object ID: 17239

Finished at	December 2016
Price, m²	From 3400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	6
Apartments	18
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

204,000$

Net profit

7,229$

Payback period

21.5 years

Avg property value increase per year

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About the project

Residence Parkview is located on the corner of the Hubert Frere Orbanlaan and the Vijfwindgatenstraat in Ghent, with a view of the Koning Albertpark (South Park) and within walking distance of the historic center. In the vicinity there are schools, city services, convenience stores, shopping centers, culture and parks. This location guarantees a smooth connection by car and public transport.

The project comprises 18 stylish apartments with a terrace and one office space, in a central and easily accessible location in Ghent.

The modern architecture and the use of sustainable materials, with extra attention to thermal and acoustic insulation, guarantee optimum living comfort.