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Complex Isho in Timisoara

Name: Sales in Complex Isho started!
Start: 2020-01-06T11:14:10.579283+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Isho

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Construction

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Project info

Object ID: 3363

Finished at	December 2020
Price, m²	From 1890$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	—
Apartments	1200
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

98,280$

Net profit

7,229$

Payback period

10.4 years

Avg property value increase per year

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About the project

ISHO is the contemporary alternative to what it means to live in the city, a redefinition of urban space, which combines harmony, modernity and lifestyle. Created by entrepreneur Ovidiu Șandor through Mulberry Development, ISHO was designed to become a landmark of Timisoara tomorrow. The project is developed by a team of over 100 architects, designers, consultants and engineers.

ISHO brings you almost unique services and functionalities so that everything you need is always at your fingertips. From the restaurant and cafes, to the gym and pool, cultural space and its own dock.

Located in the green heart of Timisoara, at ten minutes walk to Unirii Square, ISHO promotes a healthy and balanced lifestyle. The more than 1,200 apartments with quality finishes are joined by 7,500 m2 of green spaces, a new generation of office buildings with an area of 50,000 m2 and a 160-room Radisson Blu hotel, a gourmet restaurant and a concept bar.

Developer

Mulberry Development is an award-winning real estate development firm founded by Ovidiu Șandor, a successful entrepreneur from Timisoara. Th…
Details about Mulberry Development