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Complex ISG Residence III in Bucharest

Name: Sales in Complex ISG Residence III started!
Start: 2019-12-27T10:06:43.322201+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex ISG Residence III

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Project info

Object ID: 3151

Finished at	December 2019
Price, m²	From 1290$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 62.00 m²
Floors	9
Apartments	235
Building phase	Facade finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom
Conveniences	Parking Underground parking Kids playground Near supermarket Nearby subway stations Eroii/Revoluției 12 min Tineretului 17 min Izvor 18 min Piața Unirii 20 min Piața/Sudului 20 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

79,980$

Net profit

7,813$

Payback period

7.9 years

Avg property value increase per year

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About the project

Location

The residential complex "ISG Residence III" is located in the area of Carol Park, on Fabrica de Chibrituri street, no. 17 - 21, sector 5 in the city of Bucharest.

Location facilities

The residential complex "ISG Residence III" has a prestigious location, being located in the central area of the Capital just 300 meters from the Carol Park, not far from the Roman Arenas and the City Hall of sector 5. Nearby are Lidl and Penny Market, there are many terraces and restaurants. Schools, high schools, are the Technical College of Food Industry and the Economic College of the Vineyards. There is quick access to all points of interest in the Capital, nearby are tram and bus stations. The distance from the residential blocks to the Heroes Revolution station is only 1.6 km, where you can reach it on foot in 20 minutes. Up to the Unirii Square there are only 2.3 km. Gara de Nord is 4.6 km from the apartments. Henri Coandă International Airport is 19.7 km away and 11.4 km to Baneasa International Airport.

The characteristic of the Residential Complex

The residential complex "ISG Residence III" is located on a land with an area of 5 341 sqm and is composed of 4 blocks of apartments with a height regime of Basement plus Ground floor plus 9 Residential floors. The apartment blocks are equipped with modern and silent elevators. The complex has children's playgrounds in the yard, underground parking spaces are organized and underground parking is built. Inside the Residential Assembly there are commercial spaces.

Description of housing

The buildings of "ISG Residence III" have 235 completely finished houses in modern architectural style that have 1, 2 and 3 rooms. The apartments are detached or semi-detached, with kitchens closed or "open space", with two or with a bathroom. The bathrooms are fully equipped, the walls are finished with washable paint and faience, the windows are PVC-insulated windows, the entrance door is made of metal, the floors are covered with parquet and tiles. Each apartment has its own central heating system connected to the heaters. The homes are connected to all city utilities, to water, natural gas, electricity and sewerage. The apartments are connected to the intercom system and have internet connections.

The developer of the Residential Complex "ISG Residence III" is the Company "Real Estate Solutions Group" S. R. L.