Petzval 44 in Budapest

Name: Sales in Petzval 44 started!
Start: 2022-06-16T06:53:10.888766+00:00
End: 2023-12-31T23:59:59+0000
Location: Petzval 44

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Project info

Object ID: 20523

Finished at	February 2024
Price, m²	From 3400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 38.00 m²
Floors	8
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

129,200$

Net profit

5,883$

Payback period

16.0 years

Avg property value increase per year

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About the project

Petzvál offers 44 exclusive one, two and three bedroom apartments in the center of Újbuda. When designing, we pay attention to the fact that our clients are not looking for the right apartment, but for the ideal home, so when designing each apartment, it was important that the elegance of the interior of the rooms was complemented by the wonderful view. The green surroundings of the apartments and the large inner garden ensure tranquility, while the location of the building allows us to reach the bustling city center in a matter of seconds.

Developer

With several years of experience in real estate distribution and real estate development, Goodwill Property Kft. Has started to build condom…
Details about Goodwill