Complex Vivamus Park Residence in Brasov

Name: Sales in Complex Vivamus Park Residence started!
Start: 2019-12-30T13:34:24.452660+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Vivamus Park Residence

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Project info

Object ID: 3260

Finished at	June 2020
Price, m²	From 755$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	—
Building phase	Carcase finished
Condition	Black walls
Construction type	Brick
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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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

43,035$

Net profit

7,229$

Payback period

4.5 years

Avg property value increase per year

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About the project

About location

The residential complex "Vivamus Park Residence" is located at the entrance to the city of Brasov, on the Horizon street at number 2, and intersects with the 13th December street.

In the vicinity of the housing complex there is a fitness room, it is the German Professional School "Kronstadt", from the houses are only 5 minutes to the police sector and are only 2 kilometers to the Coresi Shopping Resort shopping center with Auchan hypermarket, JYSK store and many other commercial and interest points. Just a little further from the buildings are the Nicolae Titulescu College and the Mircea Cristea Technical College.

Constructive details about Complex

The housing complex "Vivamus Park Residence" is composed of three apartment blocks, two of them are built with a ground floor and 4 residential floors, and the third building has a height regime with ground floor and 6 floors. The buildings are made on a concrete frame system. Absolutely all the walls of the buildings both the interior and the exterior masonry of the walls is used only brick. The facade of the building has a 10 cm polystyrene thermal insulation system. The blocks are fitted with windows with Rotto windows. The staircase house is completely finished with sandstone and granite, and the railing is made of stainless steel.

How much a parking place is offered free of charge for the transport of the buyer of an apartment. In the courtyard of the complex that has an area of approximately 2000 square meters, there are organized green spaces, lawn and various areas of relaxation and rest, which are equipped with loungers, fireplace and baldahine, as well as where there is a tennis court and one for volleyball. The access road to the "Vivamus Park Residence" complex is completely paved.