Crystal Residence in Ostend

Name: Crystal Residence
Brand: Alysee
SKU: 17439
Availability: InStock

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Project info

Object ID: 17439

Finished at	September 2021
Price, m²	From 7085$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	8
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Pool 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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

283,400$

Net profit

5,883$

Payback period

35.1 years

Avg property value increase per year

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About the project

The Crystal Residence project is a unique piece of affordable luxury real estate by the sea and is seen as one of the gems in Ostend. As a permanent or part-time resident, you always enjoy a frontal sea view from your living room or from your spacious living terrace. Get a glass of wine from the wine fridge in your beautiful open kitchen and experience your real estate dream on the Belgian coast. You can also enjoy all the luxury outside. Refresh? Take a dip in the private swimming pool or take a leisurely stroll in the courtyard! You simply have these assets when you choose luxury real estate by the sea.