Magasinhagen in Ski

Name: Sales in Magasinhagen started!
Start: 2022-01-24T11:41:35.219049+00:00
End: 2023-12-31T23:59:59+0000
Location: Magasinhagen

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Construction

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Project info

Object ID: 17516

Finished at	December 2024
Price, m²	From 12465$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	8
Apartments	68
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

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

448,740$

Net profit

5,883$

Payback period

55.6 years

Avg property value increase per year

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About the project

With high floors and large windows, this will also be a building with spacious and airy apartments. The 68 units, which vary in size from 36 to 173m, all have entrances from the common staircase and lift core. All main living rooms have large windows and direct access to private balconies and terraces that vary in size from 8 to over 100m².

In Magasinhagen, all roof surfaces are planned for living, in addition to balconies and private gardens on the ground floor. The upper roof is a common roof garden. The ambition is for the building to be experienced as a lush, populated and planted landscape all the way up to the 9th floor. Arrangements have therefore been made both for cultivation on private patios and for climbing plants that can spread in controlled forms between the terraces.

The building will be clad with standing wood cladding that is stained with a golden color. Such a façade material is unusual for buildings of this size, but means that Magasinhagen will appear with a warm sound and robust and artisanal detailing. This is especially important for this building where large parts of the exterior are also usable surfaces. Terraces and balconies have railings with dense parapets to shield from view from below and glass railings in the upper half for maximum view.

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