Flamingo in Novosibirsk

Name: Sales in Flamingo started!
Start: 2020-01-29T12:59:05.845588+00:00
End: 2023-12-31T23:59:59+0000
Location: Flamingo

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Project info

Object ID: 4534

Finished at	March 2020
Price, m²	From 700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	5
Apartments	3995
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Studencheskaia 11 min Ploshchad Lenina 16 min Krasnyi prospekt 16 min Sibirskaia 16 min Gagarinskaia 17 min Zaeltsovskaia 18 min
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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

30,100$

Net profit

6,783$

Payback period

3.3 years

Avg property value increase per year

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About the project

The Flamingo residential quarter is located in the Kirovsky District of Novosibirsk, not far from the Bugrinsky Bridge, at ul. Flamingo, 22.

The nearest metro station, Marx Square, is about seven kilometers away. A well-developed road network and streamlined public transport allow you to quickly get to the city center. The forums are actively discussing the possible construction of the metro line in the direction of the new building.

According to experts, the environmental situation complies with generally accepted standards. Nearby there are no large industrial enterprises, the building density is small, there is a lot of space for walking and recreation, which makes apartments in the Flamingo residential complex a profitable purchase for buyers who value a healthy lifestyle, and increases the cost of housing in the area.

Near the new building there is a school and a kindergarten, there are medical and banking institutions. Nearby there is a supermarket, pharmacies, beauty salons, a fitness center and many shops of various profiles. There are several cozy cafes and restaurants where you can sit after a walk in the surroundings.

"Flamingo" is a residential neighborhood of forty five-story brick houses. The technology used during construction allows to achieve high strength of the building and ensures a long duration of its operation. Additional warming measures make it possible to reduce heating costs in the cold season and air conditioning in summer.

The layouts of the apartments are well thought out, their areas are distributed rationally and provide the maximum level of comfort. The construction of the residential complex is carried out in two stages. The first is scheduled for delivery in the fourth quarter of 2017, and the second is still at the design stage.

The development plan provides for the construction of a school and kindergarten, garage boxes and parking spaces. Yards are equipped, landscaping is done. Sports and children's playgrounds are being built. Access roads are paved, roads are laid along the territory of the complex.

We offer for sale 1-2-3-room living quarters. You can buy an apartment in the Flamingo residential complex from the Novosibirsk Quarter developer with a turnkey apartment decoration traditional for the company.

Developer

We are building a city in which we want to live! This slogan reflects the principle of the Novosibirsk Quarter. To create not just square…
Details about Новосибирский Квартал