Sinilillekodu Sikupillis in Tallinn

Name: Sales in Sinilillekodu Sikupillis started!
Start: 2022-03-23T10:59:08.983905+00:00
End: 2023-12-31T23:59:59+0000
Location: Sinilillekodu Sikupillis

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Project info

Object ID: 19451

Finished at	December 2022
Price, m²	From 2675$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	4
Apartments	12
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

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

152,475$

Net profit

7,229$

Payback period

16.1 years

Avg property value increase per year

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About the project

inilillekodu Sikupillis apartment building has only 12 apartments and the house is located a stone’s throw away from the city centre, in Sikupilli district, at Kivimurru 7a. The apartment house will be built in the centre of the block meaning there will be no traffic noise nor strangers wondering around the property. At a close distance, there is everything to satisfy even the most demanding needs of the future residents – public transport connection to the city centre is excellent, in vicinity are schools, kindergartens, shops and other necessary services.

The three-storeyed building’s smallest apartment is a 57 m2 two-roomed home, while bigger families can buy even a five-roomed home with the surface area of 94,9 m2. Every apartment has a balcony and the yard will have a lovely playground for the little ones.

Every balcony will have planter boxes with blue liverflowers and strawberries, that will make the balcony look like a beautiful and fresh forest understory in the spring and a fruitful garden bed filled with sweet treats in the summer.