K. A. Hermanni 8a in Tallinn

Name: Sales in K. A. Hermanni 8a started!
Start: 2022-03-22T06:38:00.387559+00:00
End: 2023-12-31T23:59:59+0000
Location: K. A. Hermanni 8a

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Project info

Object ID: 19370

Finished at	December 2022
Price, m²	From 5230$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	3
Apartments	22
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

292,880$

Net profit

7,229$

Payback period

30.8 years

Avg property value increase per year

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Promos and discounts for K. A. Hermanni 8a

About the project

Hermann Street is located on the strait of Tallinn on the border of Kadriorg and the City Center. The new apartments at Hermann 8a are located on a quiet and idyllic dead-end street, which is not reached by city noise.

Everything you need is just a few minutes away - the bus station, the soon-to-be-renewed Central Market, the town of Ülemiste and the center of Sikupilli are in the neighborhood. Public transport stops are within easy reach, and the city center is just a 5-minute walk away.