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Residenza Fontanile in Milan

Name: Sales in Residenza Fontanile started!
Start: 2021-04-19T13:09:21.181846+00:00
End: 2023-12-31T23:59:59+0000
Location: Residenza Fontanile

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Project info

Object ID: 11963

Finished at	December 2022
Price, m²	From 3194$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	3
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

239,550$

Net profit

8,283$

Payback period

22.6 years

Avg property value increase per year

Open ROI calculator

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About the project

The building will be in NZB class (near zero building), each apartment will have underfloor heating and cooling, mechanical air exchange, suspended sanitary ware, towel warmers in the bathrooms, perimeter alarm set-up, set-up for charging electric machines in the garage.

On the roof of the building the photovoltaic panels will be used to supply the energy needed by the common areas.

Developer

Our entrepreneurial activity began in 1976 with the reconstruction of Friuli after the earthquake of 6 May. Fingroup spa was established on…
Details about Fingroup spa

Contacts of Residenza Fontanile sales department

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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Residenza Fontanile on the map of Milan

Via Caldera

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