Complex 21 Residence Politehnica in Bucharest

Name: Sales in Complex 21 Residence Politehnica started!
Start: 2019-12-27T08:42:02.918653+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex 21 Residence Politehnica

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Project info

Object ID: 3147

Finished at	December 2019
Price, m²	From 1080$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	12
Apartments	2020
Building phase	Facade finished
Condition	Black walls
Construction type	Brick
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Lujerului 8 min Tudor/Vladimirescu 9 min Favorit 10 min Petrache/Poenaru 13 min Parc Drumul/Taberei 14 min Politehnica 15 min Orizont 18 min Crângași 20 min Romancierilor 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

69,120$

Net profit

7,813$

Payback period

6.8 years

Avg property value increase per year

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About the project

settlement

The "21 Residence Politehnica" Residential Complex is located on Iuliu Maniu Boulevard, 15H, Bucharest.

Location facilities

Close to the complex are the "Cora Lujerului" and "Mall Plaza" Shopping Centers and in the vicinity is the Politehnica Park. The children of the residents of this Residential Complex have at their disposal kindergartens, schools, high schools, gymnasium, college and the Polytechnic University. Supermarkets: Lidl, Cora, Auchan Cotorceni, pharmacies, banks, theater, sports complex and fitness rooms, restaurants and cafes are located near the Housing Complex. The Lujerului subway station is in the vicinity, as are tram, trolleybus and bus lines.

Distance

To Gara de Nord is 3.9 km. To Henri Coanda International Airport, 18.8 km are covered. Baneasa Airport is just 9.6 km away. Unirii Square is 6.3 km away.

Constructive features and structure

The residential complex "21 Residence Politehnica" builds in two phases 5 buildings, which have a basement height + ground floor + 11 residential floors. The exterior walls are made of reinforced concrete and the interior walls are made of brick. The facade of the houses has thermal insulation.