Arte Nova in Mechelen

Name: Sales in Arte Nova started!
Start: 2021-12-22T07:32:00.819468+00:00
End: 2023-12-31T23:59:59+0000
Location: Arte Nova

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Project info

Object ID: 16707

Finished at	May 2022
Price, m²	From 2930$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	6
Apartments	20
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

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

263,700$

Net profit

9,376$

Payback period

22.4 years

Avg property value increase per year

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About the project

Arte Nova, right in the center of Mechelen, is an architectural gem, embedded in a rich historical context. The green residential project has eighteen apartments and two commercial spaces on the ground floor… which were sold out in no time.

Light played the leading role in the architecture and many customers appreciated the beautiful courtyard garden and the contemporary building style with champagne-coloured materials. This project also shows how we at Antonissen Development Group always go for quality and style. Take a look at our current or planned projects.

With respect for Mechelen's rich architectural past, Arte Nova translates tradition into a contemporary architectural style, with champagne-coloured materials, harmony and light in the lead. A touch of blue creates an interesting field of tension. The green residential project has 18 apartments and two commercial spaces on the ground floor. The showpiece? The 2 penthouses, 1 with an XL terrace, have a priceless panoramic view of the city.

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