Complex Neofort Rezidential 13 in Bucharest

Name: Sales in Complex Neofort Rezidential 13 started!
Start: 2019-12-26T10:25:03.076498+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Neofort Rezidential 13

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Project info

Object ID: 3085

Finished at	September 2020
Price, m²	From 1755$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	5
Apartments	12
Building phase	Carcase finished
Condition	Black walls
Construction type	Brick
Security	—
Conveniences	Underground parking Near school Near kindergarten Near supermarket Nearby subway stations Ștefan/cel Mare 7 min Piața Romană 18 min Obor 20 min Aurel Vlaicu 20 min
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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

94,770$

Net profit

7,229$

Payback period

10.0 years

Avg property value increase per year

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About the project

Neofort 13 residential complex is located on Soldat Gheorghe Matac Street No. 6A, in the Barbu Vakarescu - Lak Tey area, but with access to the most important vehicles.

The block has an average height mode: GF + 2 + 3R + 4R and has 26 apartments of 2 and 3 rooms, with a completion date of November 2020. Parking spaces are covered and start at a price of 15,000 euros + VAT (2 places).

Future owners will benefit from individual finishes, innovative design, and the materials used will be of the highest quality. The structure of the new block is made on concrete and diaphragm frames, 25 cm of Porotherm brick walls, 10 cm of Porotherm brick internal partition, 6 indoor PVC joinery, condensation boiler for each apartment, tiles and installations Romstal, tiles, tiles, parquet from Italy or Spain, interior doors Pinum or Bella Casa.

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