Horizon Residences in Becici

Name: Sales in Horizon Residences started!
Start: 2021-10-29T07:25:40.251627+00:00
End: 2023-12-31T23:59:59+0000
Location: Horizon Residences

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Project info

Object ID: 15438

Finished at	December 2020
Price, m²	From 3500$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 32.00 m²
Floors	6
Apartments	26
Building phase	Completed
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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Resale properties in this project	Found 1 object(s)

Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

112,000$

Net profit

5,883$

Payback period

13.9 years

Avg property value increase per year

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About the project

Horizon Residences are developed by the German real estate developer, who takes care of every detail with perfection. We are using German construction systems, such as floor deep panoramic Veka Window Systems, Otis Elevator, Brumberg Lights, GROHE fittings, and many more. We offer 26 luxury apartments on 6 stories, of 32 to 112 sqm.

Horizon Residences provide our customers with unique and high-quality homes, while creating sustainable and stable investment for you, in one of the most sought-after areas of the Adriatic coast.