Solaris Park in Cluj-Napoca

Name: Sales in Solaris Park started!
Start: 2020-01-03T06:25:12.938543+00:00
End: 2023-12-31T23:59:59+0000
Location: Solaris Park

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Project info

Object ID: 3264

Finished at	December 2020
Price, m²	From 1565$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 71.00 m²
Floors	5
Apartments	14
Building phase	Carcase finished
Condition	Black walls
Construction type	Brick
Security	Intercom
Conveniences	Parking Underground parking Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

111,115$

Net profit

8,283$

Payback period

10.5 years

Avg property value increase per year

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About the project

Location

The "Solaris Park" Residential Complex is located in the city of Cluj - Napoca, on Someșului Street, no. 46-48. The apartment block is located in a central area, just 0.7 km to the National Theater and 0.5 km to Mihai Viteazu Square. The building is located immediately on the edge of a cute children's park.

Description of the real estate project

The Solaris Park Residential Complex is positioned as a mixed building with commercial spaces housed on the ground floor of the building and with only 14 apartments, which are located on the 4 floors of the block. In the new building is installed a reliable high speed lift, with 6-7 seats. For each apartment there is a reserved parking space outside or in the underground garage. The housing complex is supervised by video. All apartments are connected to the video intercom system and have a fire alarm system. The residences of the Residence are offered on the market with sketches with 2-3-4 rooms, the surface of which is between 42 sqm and 108 sqm, where in addition the surface of the terraces and balconies is added. And the penthouse on the top floor has a generous terrace.

The Solaris Park Residential Complex is developed by the Solaris Real Estate Development Company.

More information about the apartments in the Residential Complex "Solaris Park" and more constructive features, useful materials, finishes, installations and facilities, can be found on the official page of the "Solaris Real Estate Development" Developer.

Developer

SOLARIS REAL ESTATE INVESTMENTS SRL является застройщиком из Клуж-Напоки, имеющим большой опыт работы в жилых проектах, а также в строительс…
Details about Solaris Real Estate Development