Park 1302 in Kortrijk

Name: Park 1302
Brand: DC Belgium
SKU: 16790
Availability: InStock

Renders

Construction

Live Stream

Property for sale in Park 1302 — look at the real estate search engine GEOLN.COM. Photo 1

Property for sale in Park 1302 — look at the real estate search engine GEOLN.COM. Photo 2

Reviews about Park 1302

There are no reviews yet. You can be the first who rates it

Project info

Object ID: 16790

Finished at	June 2021
Price, m²	From 2800$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	5
Apartments	49
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
Add to free Travel & Invest tour
Add to autotour
Personal discount certificate 300$
Free consultation	Ask a question

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

168,000$

Net profit

7,229$

Payback period

17.7 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Park 1302

About the project

Urban expansion project on the former site of Barco in the center of Kortrijk with 81 apartments spread over two buildings with underground parking and 49 town houses. The residential units are situated around a green, large neighborhood park. The new neighborhood park represents great added value for the entire district. Of the 3 hectares of land, 7,500 m² will be transferred to the public domain.