DOude Vesting in Kortrijk

Name: Sales in DOude Vesting started!
Start: 2021-12-21T07:39:53.785892+00:00
End: 2023-12-31T23:59:59+0000
Location: DOude Vesting

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Project info

Object ID: 16666

Finished at	December 2022
Price, m²	From 3500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.00 m²
Floors	4
Apartments	18
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
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

350,000$

Net profit

9,376$

Payback period

29.8 years

Avg property value increase per year

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About the project

In the heart of Kortrijk, around the corner from the Grote Markt and within walking distance of the station, there is a special residential project: D'Oude Vesting. This hidden gem, cleverly located in the historic center, is being built on the site of the former police station, on Jan Persijnstraat and Oude Vestingstraat. A golden opportunity for those who want to experience the Golden Spurs City in all its glory.

The four small-scale volumes, two in each street, consist of 18 apartments and a commercial ground floor. Each volume differs in height, depth and identity. There are two facade types. The first is based on the typical vertical city facades of the neighbourhood. The second is built more horizontally. The white concrete and light gray masonry always contrast beautifully with the bronze-coloured finish and the joinery in the same shade. In this way, an architectural diversity is introduced within the total concept that fits seamlessly into the streetscape.

The apartments in D'Oude Vesting are bathed in light thanks to the many windows. These are real doorzon apartments. Most residential units therefore focus their living spaces on the street as well as on the central courtyard. This high-quality outdoor space with lots of greenery is only accessible to residents. The greenery on the roofs emphasizes the open character even more and increases the feeling of space and tranquility.

Developer

Antonissen is a dynamic project developer with a distinct vision of building and living in an urban context. We always try to realize projec…
Details about Antonissen