Printzipal in Luxembourg

Name: Sales in Printzipal started!
Start: 2021-12-16T09:51:38.728457+00:00
End: 2023-12-31T23:59:59+0000
Location: Printzipal

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Construction

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Project info

Object ID: 16473

Finished at	July 2023
Price, m²	From 4300$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 70.00 m²
Floors	5
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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

301,000$

Net profit

7,813$

Payback period

29.8 years

Avg property value increase per year

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About the project

Printzipal can be seen as the next generation offices, as it’s a perfect match between timeless architecture and occupant’s well-being.

Comfort is combined with prestige to create a warm and elegant atmosphere. The green wall, the auditorium and the majestic staircase dominating the lobby underline that this is a high-end building, with refined finishing touches. This beautiful atmosphere is reflected in the office spaces, as both functional and flexible, and in the common areas, generous and easy to maintain. Printzipal has been designed for a single occupant or to meet needs of multiple occupants.

Outdoors, 550 square meters of designer landscaped outdoor gardens are designed as work spaces but can be used as relaxing and healthy bubbles for occupants and visitors alike.

Its 48 parking spaces, some equipped with charging stations for electric vehicles, Umify electric cars and e-bikes, are all part of the innovative, integrated and shared mobility solutions promoted by ICN across its projects.