HORIZON in Vilnius

Name: Sales in HORIZON started!
Start: 2022-02-04T12:02:28.065240+00:00
End: 2023-12-31T23:59:59+0000
Location: HORIZON

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Project info

Object ID: 17875

Finished at	December 2020
Price, m²	From 2600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 28.00 m²
Floors	16
Apartments	152
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area 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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

72,800$

Net profit

5,906$

Payback period

9.0 years

Avg property value increase per year

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About the project

HORIZON is a complex of modern A + energy class 9 and 16 storey apartment buildings in the panorama of Vilnius, Viršuliškės.

In the first stage, a 9-storey “B” building was built, which is equipped with 48 apartments, 3 administrative premises, and 75 parking spaces in the underground parking lot.

A total of 152, 1-4 rooms, 28-85 sq.m. m apartments. Administrative premises are located on the ground floors. Car parking - in a two-storey underground parking lot.

The house is built of high-quality and durable prefabricated reinforced concrete constructions, warm three-glazed six-chamber windows are installed, geothermal heating is installed, and an individual recuperation system is installed in each apartment. Economical LED lighting is installed in the common areas. The territory of the house is planted, fenced, a children's playground is installed. To ensure the safety of the population, access control has been installed, as well as video surveillance cameras in the staircase, underground and territory. There is even a two-storey car park under the house, and according to modern trends, spaces are also provided for electric cars. An elevator takes you from the parking lot to the top floor.