Park Gorkogo in Nizhny Novgorod

Name: Sales in Park Gorkogo started!
Start: 2020-01-28T06:32:30.233500+00:00
End: 2023-12-31T23:59:59+0000
Location: Park Gorkogo

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Project info

Object ID: 4405

Finished at	September 2020
Price, m²	From 690$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	10
Apartments	529
Condition	Black walls
Ceiling height	2.50 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Commercial area 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

29,670$

Net profit

6,783$

Payback period

3.3 years

Avg property value increase per year

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Promos and discounts for Park Gorkogo

About the project

The Gorky Park residential complex in Bor, Nizhny Novgorod Region, is located on Maxim Gorky Street, in an area with developed social infrastructure and a road network. Public transport is located at a distance of four hundred meters. Nearby is the train station through which the train to Nizhny Novgorod.

Nearby there is a supermarket, pharmacies and beauty salons. Near kindergarten, school, medical facilities and Lake Jurasov with a city beach. The cost of an apartment in the Gorky Park residential complex is significantly lower than the average price in the Nizhny Novgorod region.

The new building consists of ten monolithic-frame houses nine to ten floors high. Their walls are made of brick and during construction are insulated with mineral wool, which is subsequently plastered.

Layouts of apartments meet all modern requirements and provide a high level of comfort and low maintenance costs for apartments. This can be seen from the photos and reviews on the forums and social networks of residents who have already managed to buy an apartment in the Gorky Park residential complex from the Bor City developer.

In accordance with the development plan, a fitness center, a kindergarten, ground parking and a shopping center are being constructed. Part of the premises is allocated for commercial use.

Developer

A stable, dynamically developing company that combines the functions of both the customer and the builder, as well as the investor and build…
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