TUBEL in Ghent

Name: Sales in TUBEL started!
Start: 2022-01-11T10:47:50.576198+00:00
End: 2023-12-31T23:59:59+0000
Location: TUBEL

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Project info

Object ID: 17188

Finished at	June 2021
Price, m²	From 4600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.20 m²
Floors	4
Apartments	55
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

243,800$

Net profit

7,229$

Payback period

25.7 years

Avg property value increase per year

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About the project

Tubel is characterized by 4 bright semi-detached houses in modern architecture. Exceptionally spacious terraces in a striking rounded design create space and light, and thus bring the outside in. That is not only pleasant living, but also comfortable working… from your home! Viewed from the air, the cantilevered terraces unfold like the petals of a flower, making you live in the heart of nature!

The architect and client consciously opted for a varied and dynamic location on the site, resulting in a playful dynamic. By consciously opting for stacked houses, one is moving away from the traditional allotment plots with ribbon development, creating space for lush greenery in the immediate vicinity. Regional vegetation with tall grasses, wild flowers and waving treetops create a natural transition with the adjacent nature reserve.