Residentie Paulus in Ostend

Name: Residentie Paulus
Brand: Alysee
SKU: 17446
Availability: InStock

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Project info

Object ID: 17446

Finished at	December 2021
Price, m²	From 4000$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	4
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

180,000$

Net profit

6,783$

Payback period

19.9 years

Avg property value increase per year

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About the project

Your own second residence in Ostend, that means relaxing whenever you wish. The spacious and functional apartments that Residence St. Paulus has to offer ensure that the center of Ostend is at your feet. Giving yourself a weekend of rest in your second residence in Ostend, that is the idea with which architect Piet Verfaillie, known for, among other things, Royal Golf Gardens in De Haan and numerous villa apartments in Blankenberge, started developing the design. .