Mikhailovsky Park in Moscow

Name: Sales in Mikhailovsky Park started!
Start: 2020-01-13T07:07:39.326450+00:00
End: 2023-12-31T23:59:59+0000
Location: Mikhailovsky Park

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Project info

Object ID: 3564

Finished at	June 2022
Price, m²	From 2340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 21.00 m²
Floors	33
Apartments	1624
Condition	Black walls
Ceiling height	2.70 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Okskaia 8 min Riazanskii prospekt 19 min Stakhanovskaia 19 min Kuzminki 21 min
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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

49,140$

Net profit

5,906$

Payback period

6.1 years

Avg property value increase per year

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About the project

Mikhailovsky Park is being built in the southeast of Moscow, six kilometers from the TTK. The project includes six residential buildings, two kindergartens and underground parking. To the Ryazansky Prospekt metro station - 20 minutes on foot, to Okskaya, which will be built in 2020, 10 minutes on foot. Near the quarter there is a large Kuskovo forest park and Kuskovo estate.

The houses are designed spacious porches with high ceilings, functional design and two entrances: from the courtyard and the street. The entrances are located at ground level, without steps and ramps. On the first floors there will be shops and services. In green yards without cars, playgrounds and places for recreation will be equipped.

Developer

PIK is the largest Russian developer implementing comprehensive projects in ten regions of Russia with a focus on Moscow and the Moscow Regi…
Details about Группа Компаний ПИК