Riverside in Lier

Name: Sales in Riverside started!
Start: 2021-12-22T08:48:30.253841+00:00
End: 2023-12-31T23:59:59+0000
Location: Riverside

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Project info

Object ID: 16712

Finished at	December 2022
Price, m²	From 2300$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 85.00 m²
Floors	4
Apartments	35
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

195,500$

Net profit

9,376$

Payback period

16.6 years

Avg property value increase per year

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About the project

35 newly built apartments near the center of Lier, but quietly located and with a view of the Grote Nete: that is Riverside. The exceptional location, the high living comfort and the sustainable character of the buildings ensured that this project was sold quickly.

In concrete terms, this concerns two beautiful units with a total of 33 apartments and two penthouses. The two units each have four floors. Most apartments also have a south-facing terrace. In addition, the project includes 46 underground parking spaces with a double car lift and 106 bicycle parking spaces. Riverside in Lierse is an example of how Antonissen Development Group is always looking for high-quality projects that offer added value for the neighborhood and for future residents. Discover the projects that are currently for sale or planned.

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