Svetlana Park in Saint Petersburg

Name: Sales in Svetlana Park started!
Start: 2020-01-10T13:38:12.723323+00:00
End: 2023-12-31T23:59:59+0000
Location: Svetlana Park

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Project info

Object ID: 3545

Finished at	December 2021
Price, m²	From 2440$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 24.00 m²
Floors	10
Apartments	1090
Building phase	Carcase finished
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

58,560$

Net profit

5,906$

Payback period

7.2 years

Avg property value increase per year

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About the project

Svetlana Park is a business-class residential complex, which is being built in the historical and developed part of the Vyborg district, on Manchester Street, next to Svetlanovskaya Square and Sosnovka Park. The house is being built to the high standards that Setl City applies to business-class facilities: modern architecture, premium building technologies and finishing materials, thoughtful layouts.

The laconic look of Svetlana Park combines modern style and classic solutions. The project combines two square-shaped houses with a height of 10 floors. The facades are decorated in simple gray and white colors. Windows with panoramic windows make the design style even more attractive and original.

Svetlana Park has designed apartments of various layouts: a small number of studios, as well as one-, two-, three-bedroom apartments and European format options 2E, 3E and 4E.

Half of the apartments are fully finished in accordance with Setl City standards: on odd floors - in the Vanilla color scheme, on even floors - in the Chocolate color scheme. Buyers who want to make repairs themselves can choose the option without finishing. Window profiles are made of aluminum - the most durable and environmentally friendly material. Glazing of loggias frameless, fully movable.

Developer

Setl City is one of the largest construction companies in Russia with 25 years of experience in the field of housing construction. The compa…
Details about Setl City