IBO Residence in Constanta

Name: IBO Residence
Brand: IBO Rezidentiale Constanța
SKU: 3307
Availability: InStock

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Project info

Object ID: 3307

Finished at	September 2020
Price, m²	From 725$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	6
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

29,000$

Net profit

5,883$

Payback period

3.6 years

Avg property value increase per year

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About the project

The new luxury residential concept by the sea. The G + 5 project is located in Mamaia Nord and includes studios, apartments with 2 and 3 rooms. For those interested in a business in the tourism field, the developer offers the possibility of managing the apartment during the summer season.

Developer

As Mamaia Nord has become a competitive and dynamic market, we rely on both the superior quality of the works and the professionalism, these…
Details about IBO Rezidentiale Constanța