Oygarden in Sandnes

Name: Sales in Oygarden started!
Start: 2022-01-31T06:31:00.371516+00:00
End: 2023-12-31T23:59:59+0000
Location: Oygarden

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Project info

Object ID: 17649

Finished at	December 2022
Price, m²	From 6180$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 46.00 m²
Floors	4
Apartments	22
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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

284,280$

Net profit

6,783$

Payback period

31.5 years

Avg property value increase per year

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About the project

The new residential area, Øygarden, offers apartments and terraced houses just outside the center of Sandnes. Whether you prefer leisurely walks in the woods, cycling, running or fishing trips, you will find everything you could want in the immediate vicinity of Øygarden.

Øygarden will be a separate small district where there will be approximately 550 new homes of between 51 and 132 square meters. Here you can choose between apartments and terraced houses - with exciting floor plans and spacious patios.

It is a short way to what you need in everyday life, which makes life at Øygarden practical and comfortable. Øygarden Ungdomsskole is only 500 meters away, and it is a short way to kindergartens, primary schools, convenience stores and downtown. When you want urban refills, you will find fine shops and tempting restaurants in the center of Sandnes.