Palazzo Anthea in Venice

Name: Palazzo Anthea
Brand: MP COSTRUZIONI
SKU: 11906
Availability: InStock

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Project info

Object ID: 11906

Finished at	April 2021
Price, m²	From 2805$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 98.00 m²
Floors	4
Apartments	9
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

274,890$

Net profit

9,376$

Payback period

23.4 years

Avg property value increase per year

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About the project

The property features 4 floors and is divided into 9 residential units. On the ground floor we find the garages assigned for each apartment while on the first floor there are 3 houses of about 80 square meters with two bedrooms, two bathrooms, kitchen and living area with open space provision and a terrace of about 37 square meters each. On the second, third and fourth floors there are 6 other homes of 115 square meters each which are divided in their rooms into three bedrooms, two bathrooms, kitchen and living area with open space, or with the possibility of dividing the rooms. There is also a generous habitable terrace for each of the units which has a total surface area of 60 square meters. Each unit is equipped with mechanical ventilation, ducted air conditioning and is equipped with a technical compartment.