Magnolia Residence Sibiu in Sibiu

Name: Sales in Magnolia Residence Sibiu started!
Start: 2020-01-06T07:45:18.805862+00:00
End: 2023-12-31T23:59:59+0000
Location: Magnolia Residence Sibiu

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Project info

Object ID: 3347

Finished at	March 2020
Price, m²	From 880$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	9
Apartments	1200
Building phase	Facade finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom
Conveniences	Parking 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

38,720$

Net profit

6,783$

Payback period

4.3 years

Avg property value increase per year

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About the project

Location

The "Magnolia Residence Sibiu" Residential Complex is located in the West area of Sibiu, on Calea Șurii Mici Street, not far from the Turnișor district.

About the location of the site

From the residential area "Magnolia Residence Sibiu" to the bus stations there is quick and easy access. To the city center are 5.1 km, in maximum 10 minutes. The distance to Sibiu International Airport is only 5.6 km.

Constructive features and description of the Residential Complex

The housing complex "Magnolia Residence Sibiu" has villas with a ground floor plus 2 residential floors and an attic and buildings with a ground floor plus 4 residential floors or blocks of apartments with a ground floor plus 7 residential floors and a retired floor. . HOLCIM concrete is used at the foundation of buildings. The exterior walls, interior walls and compartments are made of Porotherm ceramic brick. The exterior of the buildings has a thermal insulation of 10-15 cm and is then plastered and painted with washable paint. The roof of the houses is made of metal tiles and the thermal insulation system is 20 cm from mineral wool. Many commercial spaces are built within the Residential Complex, a supermarket and a restaurant are operating, there is a swimming pool, pharmacy and kindergarten. There are many green spaces and playgrounds for children. Parking places are also organized. Access roads, sidewalks and parking lots are arranged and paved. The intercom system works to secure access on the premises.