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Complex Future Residence in Timisoara

Name: Sales in Complex Future Residence started!
Start: 2020-01-06T12:17:18.683574+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Future Residence

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Project info

Object ID: 3368

Finished at	December 2020
Price, m²	From 1340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	6
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	Intercom
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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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

67,000$

Net profit

6,783$

Payback period

7.4 years

Avg property value increase per year

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Promos and discounts for Complex Future Residence

About the project

Address, neighbors and distances to points of interest

At the entrance to the commune of Giroc, on Calea Timișorai street, which is part of the metropolitan area of Timișoara, is located the housing complex "Emesa Residence". The residential area, where the apartment complex is located is in full development and has stations with means of public transport, offers easy access to all important points and has many different points of interest near it. Right next to the residential blocks is the LIDL supermarket, just a few steps away is the Carrefour supermarket and Pepco store.

Only 500 meters (pedestrian) is the sports complex with swimming pool "Dyadora" and only 1.4 km to the Children's Clinic "Boia", where it is only 2 minutes by car, not far from the houses is a pharmacy and are 2.7 km to the Mini Kids School and only 1.9 km to the long-term kindergarten and the Giroc Gymnasium School.

To the Town Hall of Giroc there are 1.4 km, to Victoria Square in Timisoara are 5.6 km, Timisoara International Airport "Traian Vuia" is 15.1 km, and Timisoara Railway Station is at 6, 7 km from the residential complex "Emesa Residence".

Technical characteristics and arrangement of housing blocks

The buildings of the residential complex "Emesa Residence" are designed with a height regime different from: Ground floor plus 3 Floors and Ground floor plus 4 Floors + Floor 5 is Retired. The housing blocks have a strength structure consisting of reinforced concrete with a skeleton on frames and a masonry for exterior and interior closures of Porotherm brick. Completely the housing blocks are thermo and waterproofed in accordance with all the norms and technical requirements. The windows installed in homes have PVC profile with triple-layered insulating windows and argon in the middle.

Modern elevators from the renowned manufacturer, which are installed in blocks, are programmed with stops on all floors including and underground parking.

All apartments of the residential complex are equipped with state-of-the-art intercoms, which have video cameras and offer residents comfort, safety and the possibility of controlling guests and uninvited visitors.