Western Residence in Rostov-on-Don

Name: Sales in Western Residence started!
Start: 2020-01-30T12:12:53.248956+00:00
End: 2023-12-31T23:59:59+0000
Location: Western Residence

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Project info

Object ID: 4591

Finished at	September 2020
Price, m²	From 810$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 22.00 m²
Floors	17
Apartments	2500
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking 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

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

17,820$

Net profit

5,906$

Payback period

2.2 years

Avg property value increase per year

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About the project

The residential complex "Western Residence" in the city of Rostov-on-Don is being built in a promising environmentally friendly Leventsovsky area.

There is a well-developed infrastructure, which includes several kindergartens, comprehensive schools, large shopping centers, clinics, service enterprises, cafes, restaurants and many other social facilities designed to ensure a comfortable stay for citizens. Also, the district is characterized by convenient transportation, allowing you to easily get anywhere in the city.

The residential complex consists of fifteen monolithic frame houses from five to seventeen floors, the facades of which are faced with brick. The buildings belong to the comfort class, during their construction the latest innovative European technologies and environmentally friendly materials were applied, contributing to the improvement of such important characteristics as sound and heat insulation, which significantly reduces the amount of payments for utilities.

Apartments in the residential complex "Western Residence" are made in several ways. You can choose from compact studios and spacious 1-, 2-, 3-room apartments. The premises have many well-designed ergonomic layouts, which allows to satisfy the desire of the most demanding customers.

At the entrance, even five-story buildings, modern silent Otis elevators are installed. For cars, guest parking is equipped. The territory of the complex is ennobled by planting trees and shrubs.

Developer

Development-South Corporation was established on March 1, 1995 in the city of Krasnodar. Since then, the path has gone from a small enterpri…
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