Laulupargi in Tallinn

Name: Sales in Laulupargi started!
Start: 2022-02-21T08:18:59.509108+00:00
End: 2023-12-31T23:59:59+0000
Location: Laulupargi

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Construction

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Project info

Object ID: 18425

Finished at	December 2022
Price, m²	From 4030$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 87.60 m²
Floors	4
Apartments	8
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

350,610$

Net profit

9,376$

Payback period

29.8 years

Avg property value increase per year

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About the project

The Home Park of the Song Park is a small apartment building with the most timeless and elegant appearance. Merging on two sides into the space of Lauluväljak Green Park, it is secluded and private due to its location at the end of a dead end street, but it is surrounded by life, experiences and active leisure opportunities.

Tallinn Song Festival Grounds is known as a place for outstanding singing arches and dignified major events, but it is also a green city park open 24/7. Great place to walk, relax and enjoy the wonderful views. The park has wide views from both sides of the house.

Developer

Hausers is a general contractor for real estate development and construction. Most of our projects are designed and built by ourselves, that…
Details about Hausers