Villa Rembrandt in Ostend

Name: Sales in Villa Rembrandt started!
Start: 2022-01-21T06:54:07.295971+00:00
End: 2023-12-31T23:59:59+0000
Location: Villa Rembrandt

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Project info

Object ID: 17457

Finished at	October 2023
Price, m²	From 4600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 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

230,000$

Net profit

6,783$

Payback period

25.5 years

Avg property value increase per year

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About the project

Small-scale renovation/restoration project, close to the beach and yet in the center of Ostend, in the Van Iseghemlaan.

Villa Rembrandt distinguishes itself from all major new construction projects in Ostend.

5 spacious character apartments with large south/sun terraces, 1 duplex with a unique spacious roof terrace, 2 ground floor units (office, liberal profession,..), integrated bicycle shed.

Energetically in accordance with the strictest standards, stylish interwar architecture, characterful interiors, sustainable materials.

With its central yet quiet location near the beach and bustling Ostend, Villa Rembrandt distinguishes itself from all other projects.

A small residence with a unique character.

Doorzon apartments with a view at the front on the Van Iseghemlaan and at the back on the Achturenplein.

Unique in Ostend!