View by Donath Park in Cluj-Napoca

Name: Sales in View by Donath Park started!
Start: 2020-01-03T08:23:53.300174+00:00
End: 2023-12-31T23:59:59+0000
Location: View by Donath Park

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Project info

Object ID: 3286

Finished at	December 2020
Price, m²	From 1170$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	4
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

66,690$

Net profit

7,229$

Payback period

7.0 years

Avg property value increase per year

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About the project

In 2015, we began work on the Donath Park project. Assembly of 7 blocks and 125 apartments. We wanted to offer a profitable alternative as a price, but still of high quality, in a quiet area of Cluj. I started with the idea that home means family. Thus, we focused on a very useful and functional division of apartments, we built children's playgrounds and settled down where nature and walks with loved ones are very close.

Although we were the first to build there, it turned out to be a very valuable location of Clujeni. The perfect combination of urban life and tranquility of nature. Families who have moved to Donat Park enjoy their choice. Meanwhile, the area has developed greatly, and this has brought an additional quality of life through nearby shops, paved streets, embankments, etc.

And last but not least, we observed strict building codes in Donat Park, and safety and privacy were important to ensure a comfortable life. Therefore, Donat Park was considered a safe residential area, limited by a fence, with guarded access and a barrier.

Developer

We started building real estate in 2004 and have not stopped since. In the 15 years of activity in the field we have built 37 buildings with…
Details about Donath Park