Das Haus in Tallinn

Name: Das Haus
Brand: Novira Capital
SKU: 18981
Availability: InStock

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Project info

Object ID: 18981

Finished at	December 2019
Price, m²	From 6395$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 144.50 m²
Floors	7
Building phase	Completed
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

920,880$

Net profit

9,376$

Payback period

78.3 years

Avg property value increase per year

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About the project

Das Haus is a new real estate development project that will be built in the center of Tallinn, in the area between Pärnu Road and Süda Street. It consists of 4 architectually different buildings that combine a uniform residential quarter. In addition to exclusive 1-5 room apartments, there will be commercial premises on the ground floor. Das Haus apartments have spacious layouts and offer stunning views to the old town of Tallinn and to Süda Street greenery. Parking will be organized in a closed two-storied underground garage.