Complex Metropolitan Residence Metalurgiei in Bucharest

Name: Sales in Complex Metropolitan Residence Metalurgiei started!
Start: 2019-12-27T06:16:12.121046+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Metropolitan Residence Metalurgiei

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Project info

Object ID: 3121

Finished at	December 2019
Price, m²	From 1090$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	11
Apartments	340
Building phase	Facade finished
Condition	Black walls
Construction type	Brick
Security	CCTV Security
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Dimitrie/Leonida 9 min Apărătorii/Patriei 10 min Berceni 17 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

54,500$

Net profit

6,783$

Payback period

6.0 years

Avg property value increase per year

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About the project

Location

The residential complex "Metropolitan Residence Metalurgiei" is located in sector 4 in the southern part of the city of Bucharest, in the area of Metallurgy.

Location facilities

The apartment complex has many points of interest near it: the Mega Image supermarket, the Aurel Vlaicu Agri-Food Market, post office, police sector, banks, restaurants, technical and furniture stores, beauty salons, health centers and gyms, Herăstrău High School and Aurel Vlaicu Metro Station.

Distance

It is only 6 km to the North Train Station. Otopeni Airport is 11.2 km away. Baneasa Airport is 3.5 km away. To the center of the capital are 7.8 km.

Characteristic of the apartment complex

The complex is built with basement, ground floor plus 10 residential floors. With reinforced concrete pillars and diaphragms, brick walls and compartments and a ventilated facade. The complex is equipped with a modern lift. A video surveillance system operates and is guarded 24/24. There are underground and underground parking spaces. Housing units with a total number of 340 Studio type studios and 2 and 3 bedroom apartments. They are finished with porcelain tiles and tiles from Porcelanosa and are equipped with doors, equipment, gas sensor in the kitchen, sanitary ware and there are all connections to water, gas, electricity and sewerage. The thermal system in the apartments is with its own central heating and heaters.