Complex Neofort Rezidential 68 in Bucharest

Name: Sales in Complex Neofort Rezidential 68 started!
Start: 2019-12-26T09:45:43.812719+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Neofort Rezidential 68

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Project info

Object ID: 3074

Finished at	September 2020
Price, m²	From 1665$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 63.00 m²
Floors	6
Building phase	Carcase finished
Condition	Black walls
Construction type	Brick
Security	—
Conveniences	Underground parking Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Gara de/Nord 5 min Gara de Nord 5 min Basarab 8 min Piața Victoriei 11 min Aviatorilor 17 min Eroilor 18 min Grozăvești 20 min Grivita 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

104,895$

Net profit

7,813$

Payback period

10.4 years

Avg property value increase per year

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About the project

Location

The "Pepelea Residence" Residential Complex is located on Pepelea Street, no. 6, Floreasca area, sector 2, Bucharest.

Description and facilities of the location area

The "Pepelea Residence" Residential Complex is located in the Barbu Văcărescu area and is close to: parks, lake, sports clubs, cafes and restaurants, shops and supermarkets. The distance to the center of Bucharest (Unirii Square) is 6.5 km. The North Train Station is 5.1 km away. Băneasa International Airport is 4.2 km away. Henri Coandă International Airport is 12.5 km away.

The characteristic of the Residential Project

The housing complex "Pepelea Residence" has a block of apartments, which has a height regime of: Basement, Ground floor and 5 residential floors plus 6th Retreat, raised from frames of reinforced concrete and brick and thermal insulation system. The apartment building is equipped with a KONE elevator. Tenants benefit from underground parking spaces with Klaus lift. The apartments of the Residential Complex "Pepelea Residence" - there are a total of 39 housing units with 17 studios and 22 apartments with 2 rooms. The surface of the studios is from 25.38 square meters and the surface of the 2-room apartments is up to 97.97 square meters. The houses built on the ground floor and on the top floor have generous terraces. The houses are delivered - finished with (tiles, faience, parquet, doors, sanitary ware, individual thermal power station). The carpentry is by Rehau brand with insulating glass. The apartments are connected to all utilities.

Developer

In 2019 we ticked the 79th residential complex represented. In the last 7 years we have provided consultancy in project management as well a…
Details about Neofort Biz