Puuvilla 24 in Tallinn

Name: Sales in Puuvilla 24 started!
Start: 2022-03-18T12:24:12.596271+00:00
End: 2023-12-31T23:59:59+0000
Location: Puuvilla 24

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Project info

Object ID: 19229

Finished at	May 2022
Price, m²	From 2460$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	2
Apartments	10
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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

159,900$

Net profit

7,813$

Payback period

15.8 years

Avg property value increase per year

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About the project

The house is more unique than the usual new apartment buildings. Also, all apartments are different due to the previous function of the building. Together with the interior finishing solutions developed by interior architect Triin Karuksi, they create a combination of unique, beautiful and practical apartments.

Your new apartment is located in a stone house built in 1956 and will be completely renovated. History brings a lot of joy and children's cradles - the long-term function of the house was a nursery, in recent years the building was used as an office building and small-scale production.

Sitsi, Pelguranna, Kopli area has the characteristics of a garden city, Puuvilla Street is quiet and away from heavy traffic and city noise, while all the necessary infrastructure is within a radius of a few kilometers.