Octava in Nizhny Novgorod

Name: Sales in Octava started!
Start: 2020-01-27T12:39:11.684090+00:00
End: 2023-12-31T23:59:59+0000
Location: Octava

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Project info

Object ID: 4389

Finished at	June 2020
Price, m²	From 1210$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 39.00 m²
Floors	18
Apartments	996
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Zarechnaia 10 min Dvigatel Revoliutsii 11 min Leninskaia 20 min Proletarskaia 20 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

47,190$

Net profit

5,883$

Payback period

5.8 years

Avg property value increase per year

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About the project

The residential complex "Oktava" in the city of Nizhny Novgorod consists of eight fashionable high-rise buildings under construction on the territory of the Leninsky district at ul. Gleb Assumption, 1, 2. Here are for sale spacious comfortable class apartments.

Buying an apartment in the Oktava residential complex from the developer SM-Stroy52 LLC means becoming a happy owner of comfortable housing in a modern multifunctional complex. Houses with a height of ten to eighteen floors have an attractive and unusual architecture. The internal engineering systems of new buildings are durable and of high quality.

At the lower levels of some of them will be located commercial real estate: a pharmacy, a hairdresser, a supermarket, shops and other important objects. The project also provides a kindergarten on the territory of the residential complex.

New buildings are located in the geographical center of Nizhny Novgorod, but their remoteness from noisy streets and highways provides residents with comfort and peace. There are many public transport routes nearby. In walking distance there is a metro station "Engine of the Revolution."

Spacious and comfortable apartments in the Octave residential complex have well-thought-out and rational layouts. The monolithic-frame technology used during the construction ensures excellent sound and heat insulation of all apartments. For increased comfort of residents, the apartments have large windows, spacious kitchens.

The yards of the residential complex, isolated from vehicles, are convenient for walking and resting children and adults. The nearby arranged river bank of Borzovka creates an atmosphere of untouched nature in the center of a large metropolis.