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City of Mara in Timisoara

Name: Sales in City of Mara started!
Start: 2020-01-06T10:07:24.099124+00:00
End: 2023-12-31T23:59:59+0000
Location: City of Mara

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Project info

Object ID: 3357

Finished at	December 2020
Price, m²	From 1450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	9
Apartments	700
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Underground 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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

43,500$

Net profit

5,906$

Payback period

5.4 years

Avg property value increase per year

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About the project

Location

The residential complex "Vivalia Grand" is located in the central part of Timisoara, on Zimbrului street, no. 8, in the Typographers area.

Location facilities

The Residential Complex "Vivalia Grand" is located in a new multifunctional area of business, shopping leisure and entertainment, near the "Iulius Mall - Openville" Shopping Center and next to the Kaufland supermarket. Not far away is the Faculty of Medicine, it is the secondary school no. 16 and kindergarten Nr. 22 "Paciurea". The distance to the apartments to the Traian Vuia International Airport is 9.9 km.

Description of Vivalia Grand Residence

The Housing Complex is constructed of brick with basement, ground floor and seven housing floors and is equipped with Kone lifts. It has underground parking spaces built and underground parking spaces are organized. There are also parking spaces for bicycles and storage spaces. Inside the Complex is a modern 1,151 sqm park with playgrounds specially designed for children and fitness equipment, rest and relaxation areas, mini football field, basketball baskets and table tennis tables.

In the "Vivalia Grand" Housing Complex a new generation of smart apartments with 1, 2, 3 and 4 rooms is built, which have their own terraces and gardens. The apartments are completely finished with ceramic tiles, tiles, they have two layers of white washable paint, parquet floors and interior doors, plus the entrance door is metal with anti-theft. The windows are made of PVC with three rows of windows and five rooms. Each home is equipped with an air conditioner. The heating is by the floor with own central heating for each apartments of 24 KW. All sanitary ware (Roca brand) are installed. It is a complete electrical installation by Gewiss, as well as cable for television and internet through fiber optics. The digital video intercom system works.

Developer

In 2014, Alber Holding has celebrated 20 years of activity on the Romanian market. In 2015, Alber Holding reached another important mileston…
Details about Alber Holding Group