Renaissance in Bishkek

Name: Sales in Renaissance started!
Start: 2020-01-08T07:28:59.393994+00:00
End: 2023-12-31T23:59:59+0000
Location: Renaissance

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Project info

Object ID: 3384

Finished at	June 2020
Price, m²	From 880$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	8
Building phase	Carcase finished
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

44,000$

Net profit

6,783$

Payback period

4.9 years

Avg property value increase per year

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Promos and discounts for Renaissance

About the project

The Renaissance residential complex is an ideal place for living, working and relaxing, an extensive quarter with internal infrastructure and a full range of improvement measures.

Location

Construction is underway at 29 Tokombaeva Street. The southern part of the city where the new building will appear is considered the best place to live in Bishkek. Here the cleanest air in the city, a 10-minute walk spread the park of the 125th anniversary of Bishkek. Also very close to Victory Park, and literally next door there will be a park named after them. G. Aliyev.

Surrounding infrastructure

The huge advantage of the location of the new building can be called the fact that literally a couple of minutes walk is the Globus hypermarket, where you can not only buy groceries, but also use dry cleaning services, visit a cafe. A private kindergarten is located right next to the new building. On the opposite side of Tokombaev Avenue there are several more kindergartens, schools No. 20, 56, Lyceum of the Kyrgyz Economic University named after M. Ryskulbekov, Clinic for Reproductive Health, IC “DSK”.

Transport

The nearest public transport stops on Tokombaev Avenue and can be reached on foot in just a few minutes. Motorists will be able to quickly leave not only the nearby avenue, but also Baytik Baatyra, Zhukeyeva Pudovkina and others.

Architecture

The Renaissance residential complex in Bishkek will include seven houses with a height of 8 floors each. The buildings have a monolithic reinforced concrete frame filled with blocks of aerated concrete, which is recognized as one of the innovative materials of the 21st century. The facades of the first floors are decorated with sara tash stone, and above - with high-quality porcelain tile made in Russia.