STAPELPLEIN in Ghent

Name: Sales in STAPELPLEIN started!
Start: 2022-01-05T18:43:28.056462+00:00
End: 2023-12-31T23:59:59+0000
Location: STAPELPLEIN

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Project info

Object ID: 17084

Finished at	August 2023
Price, m²	From 4600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	20
Apartments	175
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

276,000$

Net profit

7,229$

Payback period

29.1 years

Avg property value increase per year

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Promos and discounts for STAPELPLEIN

About the project

A new neighborhood will soon be flourishing on Stapelplein in Ghent, located on the edge of the historic city centre.

In addition to 175 new apartments and homes, this architecturally high-quality new-build project also includes one office space and a commercial space, spread over 4 buildings. The project also includes 24 budget homes, which will be sold under the special conditions of the urban development company sogent.

The first phase of this new project includes:

• the tower building with 75 apartments as well as an office space and commercial space;

• a palazzo with 16 residential units and 34 apartments.

This project will deliver sustainable buildings that aim for a 'very good' score on the Flemish sustainability meter. The development will also be connected to the district heating network.

The Stapelplein project is part of the site of the “Old docks” and is known as the part called Handelsdok West. In addition to the construction of the quay promenade on the west side of the water, new parks and the communal courtyards, schools, office spaces, trendy restaurants, etc. will also be built nearby. Everything you need – including the Dok Noord shopping center and Dampoort station – is within walking distance. And if you want, you can drive straight onto the city ring by car. The extension of the tram line to Stapelplein is also planned.