Veskimetsa Perekodud in Tallinn

Name: Sales in Veskimetsa Perekodud started!
Start: 2022-03-23T11:07:21.294127+00:00
End: 2023-12-31T23:59:59+0000
Location: Veskimetsa Perekodud

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Project info

Object ID: 19452

Finished at	December 2022
Price, m²	From 3150$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.20 m²
Floors	4
Apartments	62
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

9,495$

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

163,800$

Net profit

7,229$

Payback period

17.3 years

Avg property value increase per year

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About the project

Beneath great oak and linden trees two snug apartment homes will be built with the main emphasis on large family apartments.

In the small wood between the Tallinn Zoo and Kadaka tee, with the address Veskilise 7 and 9, a total of 62 new apartments will be built. Many of these are spacious 4–5-room family homes with an area of up to 105 m2, where attention has been paid to the wishes of both big and small residents. More compact dwellings are also available, excellent choices for young people beginning their independent life or for smaller families.

A quiet area, fresh air, and the possibility of sending children barefoot directly from the terrace out into the grassy yard is every parent’s dream. Detachment does not mean being far away: all necessities are close by, just as it should be in the city of Tallinn.

And maybe you will awake some morning to the happy call of a real African elephant, for their home is only a few hundred metres away!Veskimetsa Family Homes is like a lovely dream in the centre of the city - one of the most prized living neighbourhoods of Tallinn awaits new residents!