Complex Cloud9 Residence in Bucharest

Name: Sales in Complex Cloud9 Residence started!
Start: 2019-12-27T08:50:10.185308+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Cloud9 Residence

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Project info

Object ID: 3149

Finished at	June 2020
Price, m²	From 1740$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 47.00 m²
Floors	9
Apartments	820
Building phase	Carcase finished
Condition	Black walls
Construction type	Brick
Security	Intercom CCTV Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Pipera 10 min Aurel Vlaicu 10 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

81,780$

Net profit

6,783$

Payback period

9.1 years

Avg property value increase per year

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About the project

Location

The "Cloud9 Residence" Residential Complex is located on peraoseaua Pipera street, no. 61, in sector 1, in the Aviation area of the city of Bucharest, and it is adjacent to the Department of car permits. Near the housing complex there are educational institutions, financial organizations, shopping centers, sports clubs, pharmacies, clinics, shops, restaurants and cafes. The Promenada Mall is only a 10-minute walk away.

Presentation Overall

The housing project "Cloud9 Residence" is designed with a height regime with Basement + Ground floor + 11 Floors. The installed windows have an aluminum profile and windows. The stairs in the complex are equipped with quiet and comfortable elevators. The residential complex offers the children of the residents a bright play area. For the personal transportation of the tenants and their guests in the housing complex "Cloud9 Residence" is offered a number of 1,000 parking places. Access to the residential complex is secured and the intercom system is installed. As well as 24/7 video surveillance.

Description of the apartments

The housing project "Cloud9 Residence" offers on the real estate market in the capital a number of 820 modern housing units, with generous spaces and intelligently divided (64 studios, 232 studios, 376 2-room apartments and 72 3-room apartments, 18 duplexes 2 rooms and 50 duplexes with 3 rooms). The area of the smallest homes starts from 47.37 sqm and reaches up to 144.50 sqm for the largest apartments. All homes are designed with large glazed spaces and have fully natural lighted rooms and finished with premium quality materials. The apartments have such facilities and facilities: metal entrance door, cell interior doors, walls processed and finished with washable paint, tiles and tiles. It is electricity, aqueduct, canal system, gas and CATV, it is fiber optic internet.