Nordmark Residence in Pitesti

Name: Sales in Nordmark Residence started!
Start: 2020-01-06T07:07:56.556111+00:00
End: 2023-12-31T23:59:59+0000
Location: Nordmark Residence

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Project info

Object ID: 3343

Finished at	June 2021
Price, m²	From 1120$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	10
Apartments	190
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom Reception
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

58,240$

Net profit

7,229$

Payback period

6.1 years

Avg property value increase per year

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About the project

Strategic location in the most exclusive place

The residential complex "Nordmark Residene" is located on Calea Bascovului street, number 2a, in the Ceair area of the city of Pitesti. For a modern life the complex is located so that it has access to a lot of facilities with commercial points, educational organizations and places of relaxation. Within a radius of up to 850 meters there is the Praxis Nord supermarket and Kaufland hypermarket, and the Vivo Mall Shopping Center is 2.8 km away, where it can be reached within 10 minutes by transport. The closest educational institutions are: Alexandru Davila High School and Constantin Brâncoveanu University, and a little further away are Matei Basarab High School and "Ion Cantacuzino" Theoretical High School, as well as many kindergartens. Not far away is the "Colina Primăverii" Medical Center, County Hospital 2, Military Hospital, there are pharmacies, it is the North Luxury Fitness gym and it is the Lunca Argeșului Park. It is just a few minutes walk to the bus, taxi and north train stations. The distance to the city center can be reached on foot and are only 2.1 km.

The new concept of an ideal life respectively in a new real estate complex

The "Nordmark Residene" real estate complex is the only one of its kind in the city of Pitesti and it has an imposing architectural style.

The spectacular appearance of the ideal residential building is combined with the durable and qualitative structure of this building, which is made on the basis of "high class" materials and the most innovative construction and insulation solutions, which guarantee increased durability, maximum safety and comfort. for a long life. All the materials from which the construction is made are used in the European Union and the technical and design solutions of the BIM "Building Information Modeling" system.

Developer

With a global reach across the European Union, Asia and Africa, Dolo Trans Olimp offers you the logistical support and speed you need for yo…
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