Volta Residentsid in Tallinn

Name: Sales in Volta Residentsid started!
Start: 2022-03-09T10:16:11.251062+00:00
End: 2023-12-31T23:59:59+0000
Location: Volta Residentsid

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Project info

Object ID: 18946

Finished at	December 2022
Price, m²	From 6700$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.30 m²
Floors	5
Apartments	146
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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

194,300$

Net profit

5,906$

Payback period

24.0 years

Avg property value increase per year

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About the project

Stylish energy class A premium lofts and apartments at the historic Volta Quarter

In cooperation with the highly regarded KOKO architects, the second phase of the Volta Quarter will be erected by the end of 2022. The architecture boasts a characterful industrial style, which has been reimagined both in the form of a timeless brick facade and in modern minimalist structures, enhanced by unique bespoke windows and decorative balcony railings. Volta Residents will feature a variety of unique homes – edgy 1-4-room apartments, multi-level lofts as well as exclusive penthouses.