Sion in Lier

Name: Sales in Sion started!
Start: 2021-12-29T12:23:19.446764+00:00
End: 2023-12-31T23:59:59+0000
Location: Sion

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Project info

Object ID: 16943

Finished at	December 2016
Price, m²	From 2600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 70.00 m²
Floors	5
Apartments	99
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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

182,000$

Net profit

7,813$

Payback period

18.0 years

Avg property value increase per year

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Promos and discounts for Sion

About the project

Close to the Leuvensepoort, in the heart of Lier, Ciril has developed a remarkable residential project with 99 apartments and 48 ground-floor homes in a pleasant setting on the old grounds of the city warehouses and the Municipal Academy of Fine Arts.

Sion brings a new and unique piece of Lier around the Municipal Academy of Fine Arts to life by making maximum efforts to strengthen the urban fabric around the academy and the picturesque city center. The location in the historic city center and at the foot of the fortresses with a view of the Nete valley is unique. The designers took maximum account of these advantages in the plans. The 99 apartments and 48 houses are situated next to each other on the site like five fingers of a hand, at right angles to the Nete valley. In this way every resident can enjoy a piece of green area on the other bank of the Nete. Sion is the best of both worlds: within walking distance of the center and the Berlarij - the shopping street of Lier - and literally with a view of the green!