Paevalja in Tallinn

Name: Sales in Paevalja started!
Start: 2022-02-18T12:19:12.817463+00:00
End: 2023-12-31T23:59:59+0000
Location: Paevalja

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Construction

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Project info

Object ID: 18375

Finished at	December 2023
Price, m²	From 4280$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	8
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

9,026$

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

184,040$

Net profit

6,783$

Payback period

20.4 years

Avg property value increase per year

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Promos and discounts for Paevalja

About the project

Special attention has been paid to the functionality of the courtyard area.

In addition to a basketball court, ping pong tables and playground features for children of every age, the green space between the buildings has comfortable benches and lounge chairs for people to chat and get some fresh air.

The quiet bystreets of Lasnamäe where there’s no traffic noise create an idyllic living environment, surrounded by all the comforts of the capital. Shops, bus stops, schools, kindergartens and everything else important is merely a short walk away. The city centre is only about 10 minutes away by car or by bus. The majestic Kadriorg and jogging trails of Pirita are nearby.

Many new apartment buildings have been built in the Paevälja residential area in the recent years, therefore it is a highly valued living environment for young families.

The courtyard house complex next to Paevälja puiestee is the crowning jewel of the whole area, because such a wholesome living environment that considers inhabitants of all ages is a rare find on the Estonian real estate market.

Developer

Hepsor – 10 years of excellence in residential and commercial environments, green thinking, innovation, and modern architecture. We are one …
Details about Hepsor