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Drangsvann in Kristiansand

Name: Sales in Drangsvann started!
Start: 2022-01-31T06:21:21.683733+00:00
End: 2023-12-31T23:59:59+0000
Location: Drangsvann

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Project info

Object ID: 17648

Finished at	October 2023
Price, m²	From 5695$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 73.00 m²
Floors	2
Apartments	17
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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

415,735$

Net profit

8,283$

Payback period

39.2 years

Avg property value increase per year

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About the project

Drangsvann consists of modern apartments and spacious detached houses. These homes are perfect for singles, couples and newcomers who are looking for a home with a smart layout.

Drangsvann is Randesund's new residential area, a short drive from Kristiansand city center. Here we are in the process of creating a diverse neighborhood with a holistic, attractive and modern design. The area is hilly and lush, with streams, large trees, rich wildlife and untouched forest.

The homes will have a common thread in the architecture, and the planning of the outdoor areas is adapted to a modern and social neighborhood. There will be meeting places and activities adapted to everyone. The area is attractive for families with children, well-adults and others who want to live in the green. Here, everything is arranged for a good life for everyone. Playgrounds, barbecue areas, bathing jetties, lookout towers, football pitches and zip-lines are just some of the things that will be easily accessible. Sørlandet's largest sports club, Randesund IL, is the nearest neighbor. In addition, you have shops, golf course, canoeing opportunities, hiking trails and everything else you need nearby.

Developer

Details about OBOS Black Watne

Hotline

+1 855 588 8066

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Drangsvann on the map of Kristiansand

Benestadsvingen 1 - 33, 4638 Kristiansand

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