ZUND City Gardens in Riga

Name: Sales in ZUND City Gardens started!
Start: 2022-02-21T10:20:07.493143+00:00
End: 2023-12-31T23:59:59+0000
Location: ZUND City Gardens

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Project info

Object ID: 18427

Finished at	December 2023
Price, m²	From 3745$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.70 m²
Floors	6
Apartments	231
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

213,465$

Net profit

7,229$

Payback period

22.5 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for ZUND City Gardens

About the project

ZUND City Gardens homes will be styled in light, natural tones and resemble ships that seem to have docked for a moment on the side of the canal, while, in fact, the buildings will be modern, integral and solid as a symbol of long-term stability and security, an incentive to invest in the future by choosing classic and priceless values.

ZUND City Gardens will be the second new project in Latvia implemented by the Estonian company Hausers Grupp. ZUND CITY GARDEN will be erected in a less developed location, surrounded by greenery and water, in Pārdaugava, creating a new residential complex. These new homes on the bank of the Zunda canal will be characterised not only by their appealing location, but also by architecture that is atypical and so far unknown on the Latvian market.

The architecture of the new homes will be characterised by simplicity and clean lines, but the rounded shapes of the buildings and panoramic windows providing a charming view of the old town, as well as the decorative suspended façade system will highlight the architectural form, making the buildings more modern and aesthetically attractive. The new complex has a common and unified concept, but each building has its own, individual design.

homes will be styled in light, natural tones and resemble ships that seem to have docked for a moment on the side of the canal, while, in fact, the buildings will be modern, integral and solid.

Developer

Hausers is a general contractor for real estate development and construction. Most of our projects are designed and built by ourselves, that…
Details about Hausers