KULDIGAS PARKS in Riga

Name: Sales in KULDIGAS PARKS started!
Start: 2022-02-18T12:33:40.295856+00:00
End: 2023-12-31T23:59:59+0000
Location: KULDIGAS PARKS

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Construction

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Project info

Object ID: 18376

Finished at	March 2023
Price, m²	From 2470$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	7
Apartments	116
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

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

108,680$

Net profit

6,783$

Payback period

12.0 years

Avg property value increase per year

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About the project

Beyond the threshold of this new, green residential quarter, the daily hustle of the city subsides, and a peaceful existence begins. Here you can adjust to the leisurely nature's rhythm and enjoy the peace that prevails in it. The excellent location between the quiet alleys of Agenskalns provides an opportunity to fulfill the dream of a tranquil and comfortable home outside the city center and close to everything.

Kuldīga Park consists of two seven-story residential buildings generously surrounded by green trees. The buildings have 116 comfortable two-, three- and four-room apartments with modern solutions suitable for active and creative city residents and their families. The balconies/terraces of the upper floor apartments offer an inspiring view of the green Āgenskalns and might reveal a few of its secrets.

Developer

Hepsor – 10 years of excellence in residential and commercial environments, green thinking, innovation, and modern architecture. We are one …
Details about Hepsor