Magdolna in Budapest

Name: Magdolna
Brand: Kapcsolat
SKU: 20535
Availability: InStock

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Project info

Object ID: 20535

Finished at	August 2021
Price, m²	From 3450$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 26.60 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area 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

89,700$

Net profit

5,906$

Payback period

11.1 years

Avg property value increase per year

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About the project

The latest, high-quality residential building development of our company is the Magdolna House, VIII. It is located in the rapidly developing district of the district, at 38 Magdolna Street. The main consideration in the design of the building was to create well-distributed, bright interiors, thus enabling modern living spaces to meet today's expectations to the maximum. The condominium has apartments of various sizes, distributions, starting from 40m2, with 2-5 rooms and a balcony. Keeping in mind the energy requirements of the building, our most important goal was to create low-maintenance, environmentally friendly apartments at affordable prices.