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Complex Rio in Timisoara

Name: Sales in Complex Rio started!
Start: 2020-01-06T12:42:48.140108+00:00
End: 2023-12-31T23:59:59+0000
Location: Complex Rio

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Construction

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Project info

Object ID: 3370

Finished at	March 2020
Price, m²	From 1120$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	4
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness 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

9,495$

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

61,600$

Net profit

7,229$

Payback period

6.5 years

Avg property value increase per year

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Promos and discounts for Complex Rio

About the project

The residential complex Rio Complex is located on Constructorilor Street, no. 26, Lipovei area, in the city of Timișoara. It is in a quiet area, but in the immediate vicinity of kindergartens, schools, shopping centers, places of relaxation and green spaces. Access to public transportation is easy and fast.

The complex comprises 5 buildings of 11 housing units, consisting of apartments with 2 and 3 spacious and bright rooms and balconies. The residential construction is made on frames, pillars and plates of reinforced concrete, brick walls with thermal insulation of polystyrene. The roof is covered with tile. The apartments are equipped with:

PVC joinery with insulating windows;

Central heating;

Underfloor heating;

Electrical, sanitary, thermal installations;

Air conditioning;

Parquet;

Interior and exterior doors;

Water metering, natural gas, electricity, cable TV, internet.

The complex Rio complex is equipped with asphalt road, it has safety intercom and gas sensors on the block scale. The blocks have parking spaces.

Developer

Who we are? We are a company founded in 2001 which aims to improve the services offered to clients on the construction materials market. Wh…
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