Allveelaeva maja in Tallinn

Name: Sales in Allveelaeva maja started!
Start: 2022-03-18T06:57:38.665520+00:00
End: 2023-12-31T23:59:59+0000
Location: Allveelaeva maja

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Project info

Object ID: 19223

Finished at	December 2023
Price, m²	From 4150$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.00 m²
Floors	6
Apartments	148
Condition	Turnkey
Construction type	Monolyth
Security	CCTV 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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

120,350$

Net profit

5,906$

Payback period

14.9 years

Avg property value increase per year

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About the project

Recognized as the best urban space development in the Baltics, Noblessner is located by the sea, next to the Airport, within walking distance of Tallinn's city center and Old Town. The former most important submarine factory in Tsarist Russia has become a stylish and modern urban space open to the sea. Here you will find historic industrial buildings with spectacular architecture, a marina, art galleries, the best restaurants in the city, colorful cultural life and high-quality new development.

Noblessner is one of the most popular, beautiful and desirable areas in Tallinn.