PANORAMA TERASZHAZ in Budapest

Name: Sales in PANORAMA TERASZHAZ started!
Start: 2022-06-16T11:50:04.829898+00:00
End: 2023-12-31T23:59:59+0000
Location: PANORAMA TERASZHAZ

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Project info

Object ID: 20539

Finished at	December 2019
Price, m²	From 2500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 34.00 m²
Floors	4
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

85,000$

Net profit

5,883$

Payback period

10.5 years

Avg property value increase per year

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About the project

During the design of the Condominium, we made special care to ensure that our apartments have living spaces where families can design their own practical homes. Each of our apartments has terraces of usable size, furnished rooms and living rooms that can be used as living space. The location of the condominium has been chosen so that its apartments have a calm, well-ventilated environment. Everything has been added to our floor plans to make them a real Home.

A total of 12 apartments will be built in the condominium. There are also single, double, four and five bedroom family homes. Most of the apartments have huge, panoramic terraces, and several apartments have their own garden area. The floor areas from 34 m2 to 118 m2 have been designed to meet many needs.

When designing the floor plans of our flats, we paid special attention to ensuring that all flats were complete, that no dark corners or pipe rooms remained, and that all floor plans could be selected without compromise.

The condominium is realized in one building with 1 staircase, ground floor + 3 levels. Convenient transportation is provided by an elevator. On the ground floor of the house, there are 12 separate, garages for sale with a convenient arrival. There are 12 paving stops available on the outside.

The apartments are located in a circular circle, offset from each other, most of them facing south, which is true not only of the living rooms, but also of the nets and terraces. We plant trees and shrubs planted on the plot, the planted vegetation creates a natural environment for the residents.

Developer

Faedra Group is an entirely Hungarian, privately owned real estate development group. Our business covers entire real estate development pro…
Details about FAEDRA GROUP