Belgard Gardens in Dublin

Name: Sales in Belgard Gardens started!
Start: 2022-07-07T07:32:57.535971+00:00
End: 2023-12-31T23:59:59+0000
Location: Belgard Gardens

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Project info

Object ID: 20679

Finished at	April 2023
Price, m²	From 3600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	7
Apartments	438
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

162,000$

Net profit

6,783$

Payback period

17.9 years

Avg property value increase per year

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About the project

The Belgard Gardens development consists of a mixed use residential scheme consisting of 438 residential units, 403 student accommodation beds and 7,000 sq ft of retail. This regeneration site will boast a new urban quarter well connected area with the Luas, M50 and N7 on the doorstep.

Belgard Gardens will consist of 438 apartments, 403 student accommodation beds and 7,000 sq ft of retail surrounded by landscaped gardens.

The development will also include a childcare facility, 107 car parking spaces and 1,227 cycle spaces.

Developer

Since the acquisition of the first site in 2014, Marlet has grown to become one of Ireland’s largest independently owned property developmen…
Details about Marlet