Rainbow Cascade in Novosibirsk

Name: Sales in Rainbow Cascade started!
Start: 2020-01-29T07:50:20.779965+00:00
End: 2023-12-31T23:59:59+0000
Location: Rainbow Cascade

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Project info

Object ID: 4492

Finished at	June 2020
Price, m²	From 1050$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 22.00 m²
Floors	20
Apartments	3000
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Studencheskaia 1 min Zaeltsovskaia 9 min Gagarinskaia 10 min Krasnyi prospekt 12 min Ploshchad Garina-Mikhailovskogo 12 min Sibirskaia 13 min Ploshchad Lenina 14 min ploshchad Karla Marksa 16 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

23,100$

Net profit

5,906$

Payback period

2.9 years

Avg property value increase per year

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About the project

The Rainbow Cascade residential complex in Novosibirsk is located at Startovaya street, 1, 3. The new building is located in the Leninsky district on the banks of the Gorsky pit in an ecologically clean place.

In the neighborhood there is a school, kindergartens, pharmacies, medical and banking institutions. Nearby there are several shops of various profiles, a supermarket, cafes and restaurants. Eight hundred meters away is a cinema, a sports and a small ski resort. Nearby there is a public transport stop and a convenient roundabout. The student metro station is about one kilometer away.

Apartments in the Rainbow Cascade residential complex are positioned as comfort class housing. The new building consists of four monolithic-frame houses, during the construction of which energy-saving technologies are massively applied. The complex is being built in several stages. Reviews and photos confirming the solid quality of the work performed are published on the forums of residents and equity holders.

The low cost of maintaining housing is ensured by careful design of apartment plans and insulation of facades made of brick and expanded clay concrete with expanded polystyrene. The windows are glazed with double-chamber double-glazed windows in plastic bindings, loggia glazing is used.

The development plan provides for the equipment of underground and ground parking, the arrangement of recreation areas, children's playgrounds and places for economic activity. The territory of the complex is being improved, trees and shrubs are planted, driveways and paved walkways are arranged.

You can buy an apartment in the Rainbow Cascade residential complex from the First Construction Fund developer for cash, you should contact the company representatives directly for installing installments and a mortgage. For sale are offered residential premises with an area of 22 m2 or more - there are 1-2-3-room apartments and modern studios. The ceiling height is three meters.

Developer

For 26 years, the First Building Fund has gone from a housing cooperative to a large-scale group of companies, in the structure of which the…
Details about Первый строительный фонд