Complex Neofort Rezidential 79 in Bucharest

Name: Sales in Complex Neofort Rezidential 79 started!
Start: 2019-12-26T10:07:54.905889+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Neofort Rezidential 79

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Property for sale in Complex Neofort Rezidential 79 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 3080

Finished at	December 2020
Price, m²	From 1730$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	5
Apartments	62
Building phase	Carcase finished
Condition	Black walls
Construction type	Brick
Elevators	2
Security	CCTV Security
Conveniences	Underground parking Near school Near kindergarten Near supermarket Nearby subway stations Iancului 10 min Piața Muncii 14 min Obor 16 min Dristor 2 21 min Dristor 1 21 min Timpuri/Noi 21 min Timpuri Noi 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

51,900$

Net profit

5,906$

Payback period

6.4 years

Avg property value increase per year

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About the project

We are pleased to present the new NEOFORT brand product, Residential Neofort 79, located in Popa Nan - Calea Calarasi - Hyperion - Traian University.

The Neofort 79 building represents a rare opportunity offered by the residential complexes located in the ultracentral areas, which at the same time ensures both the peace and quiet of a residential area of houses and villas, as well as a very competitive price.

Due to its special location located at 150m from Hyperion University (Calea Calarasi - Traian - Popa Nan historical area), the complex benefits from numerous shopping centers and means of transport in the immediate vicinity.

The block of flats will be built in height regime S + P + 4E + 5ER.

The experience gained during the last 10 years of real estate promotion and the last 3 years of real estate development has allowed us to design a premium product that will meet the following advantages: a fair price, premium finishes, a very attractive location, vis-à-vis the project will be the largest Lidl store opened in Bucharest.

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