Vila Interact 4 in Timisoara

Name: Sales in Vila Interact 4 started!
Start: 2020-01-06T11:33:12.889584+00:00
End: 2023-12-31T23:59:59+0000
Location: Vila Interact 4

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Project info

Object ID: 3365

Finished at	September 2020
Price, m²	From 1100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	3
Apartments	8
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Kids playground Near supermarket
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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

63,800$

Net profit

7,229$

Payback period

6.7 years

Avg property value increase per year

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About the project

Location

The residential complex "Vila Interact 4 Residence" is located in Dumbrăvița commune in Timișoara county. The complex is located in a very quiet area, near the forest, but where there are paved streets and all utilities driven. From this location is easy access to public transport. Not far from the block are shops, supermarkets, restaurants. It is kindergarten, primary school, high school and many other points of interest for all family members such as: sports halls, football fields, banks, gas stations and the Romanian post.

Description of the complex

The building is made with a ground floor and 2 floors on a concrete foundation and has a constructive structure with pebbles, beams and supporting walls made of reinforced concrete and masonry made of Wienerbwrg brick with a thickness of 30 cm, 25 cm and 11.5 cm. Hydro insulation is applied between concrete and brick, and polystyrene insulation is used on floors and elevation. For the exterior of the walls, polystyrene boards with a thickness of 10 cm are also used, which offers a high level of thermal insulation. The walls are finished with 1.5 - 2 mm granulation decorative plaster, colored. Wooden material is used for the roof and the roof is made of concrete tile. Colored board is used in troughs and columns. The staircase house is finished and has railings. The exterior carpentry features a low-e-cover window and is made of PVC with 7 rooms. Plus the interior and exterior windows are fitted. For each apartment there is guaranteed an outdoor parking space. The building from the outside has video surveillance. In the courtyard there are paved spaces, landscaped green areas, exterior lighting and access to the residential complex by asphalt road.

Developer

VREAUCASANOUA.RO has been active in the market since 2007. Our activity is focused on: Residential constructions and real estate developmen…
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