Tinel in Mechelen

Name: Sales in Tinel started!
Start: 2021-12-29T11:51:38.428133+00:00
End: 2023-12-31T23:59:59+0000
Location: Tinel

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Project info

Object ID: 16940

Finished at	December 2021
Price, m²	From 5025$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	8
Apartments	60
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area 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

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

326,625$

Net profit

7,813$

Payback period

32.3 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Tinel

About the project

The Tinel site on the Mechelen vesten is making history again. The former gendarmerie barracks will be given a new future as a cozy residential area with high-quality public space and greenery. In total, Ciril is developing 20 homes in the old gendarmerie buildings and 60 new apartments. The unique mix of housing types makes Tinel a stopping place for young and old.

With the utmost respect for the history of the site, Ciril is converting the historic buildings into town houses and developing several sustainable apartment buildings. All buildings on Tinel have a sustainable character, which can also be useful for you. The low-energy houses have a low consumption cost. In addition, it is possible to retrofit them with a renewable energy source.

At Tinel, new and old come together in a green, car-free area. The residential area is only accessible by car for loading and unloading. Every home on Tinel is easily accessible by bicycle. As a resident, you have quick and easy access to a bicycle shed close to your home. Rest guaranteed.