Nydalen Vest in Oslo

Name: Nydalen Vest
Brand: Solon Eiendom
SKU: 17569
Availability: InStock

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Project info

Object ID: 17569

Finished at	September 2023
Price, m²	From 7650$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	4
Apartments	150
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

459,000$

Net profit

7,229$

Payback period

48.3 years

Avg property value increase per year

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About the project

With a short way to both BI, Nydalen VGS, the field and the subway (2 stops away from Blindern) this must be the perfect location for just student housing. The ambition is to create compact and affordable housing, but with a lot of content and with spacious and varied common areas both outside and inside. There will be living rooms, colloquium rooms, a café, plenty of bicycle parking and roof terraces with opportunities for social gatherings. In the immediate vicinity, we also plan to develop Blåsbortparken, including a tuft park and playground.

Developer

We are Solon Eiendom ASA, a property developer who is committed to delivering homes with unique architecture and very high quality. Through …
Details about Solon Eiendom