Complex City of Mara in Timisoara

Name: Sales in Complex City of Mara started!
Start: 2020-01-06T11:02:42.026801+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex City of Mara

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Project info

Object ID: 3362

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	—
Apartments	700
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Underground parking Kids playground Near supermarket
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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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Promos and discounts for Complex City of Mara

About the project

Location

The "City of Mara" Residential Complex is located near the center, on Circumvalațiunii street, no.1, in the city of Timișoara.

Location facilities

The "City of Mara" housing complex is conveniently located near such points of commercial and social interest: Kaufland, Billa, Penny marker, Carrefour supermarkets. Nearby are cafes, restaurants, banks and business centers, and the "Iulius" Shopping Center is also not far from the apartments. The residential blocks are adjacent to the CFR Stadium and the Central Park. Near the housing complex is the Children's Emergency Clinical Hospital, the Municipal Hospital, which is an ophthalmological clinic, pharmacies. Also in the vicinity are the Henri Coandă Technical College, the Roman Catholic Theological High School and other schools, high schools and kindergartens for children (approximately 8 kindergartens and 15 educational institutions). The Metropolitan Cathedral, the City Hall of Timișoara and the Romanian National Opera, are the neighbors of this Residential Complex.