Vabaohumuuseumi tee 77a in Tallinn

Name: Sales in Vabaohumuuseumi tee 77a started!
Start: 2022-03-21T06:45:09.387205+00:00
End: 2023-12-31T23:59:59+0000
Location: Vabaohumuuseumi tee 77a

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Project info

Object ID: 19330

Finished at	July 2022
Price, m²	From 3600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 33.00 m²
Floors	2
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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

118,800$

Net profit

5,883$

Payback period

14.7 years

Avg property value increase per year

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About the project

On Kakumäe, in a highly valued residential area in the Haabersti district. One property will have both a terraced house and a small apartment building.

We involved the architectural office Kauss Arhitektuur OÜ, with the help of which we create both house parts and apartments.

In the area of highly valued private houses and apartment buildings, there is a great demand for good-priced and very well-located housing. The location is further enhanced by the proximity to the sea, the proximity of Haven Kakumäe harbor, the highly regarded Rocca Al Mare school. The area is surrounded by the Haabersti light traffic road, a favorite of health athletes. And there are more amenities.

The 77a plot of the Open Air Museum has two buildings - a small apartment building with six apartments and a terraced house with six house parts. The apartments will have 1-4 rooms and 33 - 86 m2, and the house parts of the terraced house will be 96 - 97 m2. All parts and apartments have a balcony or terrace.