Vive la Rose in Berlin

Name: Sales in Vive la Rose started!
Start: 2021-08-06T15:27:00.716819+00:00
End: 2023-12-31T23:59:59+0000
Location: Vive la Rose

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Project info

Object ID: 13412

Finished at	August 2021
Price, m²	From 5380$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 47.00 m²
Floors	6
Apartments	52
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

252,860$

Net profit

6,783$

Payback period

28.0 years

Avg property value increase per year

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About the project

New residential areas have been under development in the Berlin's north for years now – and for good reason. Here, small town charm meets extensive local amenities; here, green nature competes with urban connections.

PROJECT Immobilien is now developing a timeless, classic new build housing 52 condominiums with modern outfitting, two commercial units and an underground car park in the Pankow neighbourhood of Französisch Buchholz, one of the most popular areas for new residential projects. The simple, timeless facade of the building doesn't require any frills and instead convinces by way of its puristic appearance.

The atmospheric name “Vive la Rose” is part in parcel with this property along Rosenthaler Weg: in addition to numerous trees, fragrant rose bushes can be found in the courtyard.