Magellan in Saint Petersburg

Name: Sales in Magellan started!
Start: 2020-01-13T10:30:19.844411+00:00
End: 2023-12-31T23:59:59+0000
Location: Magellan

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Project info

Object ID: 3604

Finished at	December 2022
Price, m²	From 1390$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 22.00 m²
Floors	18
Apartments	2522
Building phase	Foundation
Condition	Black walls
Ceiling height	2.75 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking 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

30,580$

Net profit

5,906$

Payback period

3.8 years

Avg property value increase per year

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About the project

The residential complex Magellan in St. Petersburg is one house (phase 3) as part of the large-scale quarter Captain's Harbor. During its construction, monolithic-brick technology is used. The location of the house and the entire block is the alluvial territory of the city, which will become part of Vasilyevsky Island.

In parallel with the construction of the new building, the construction of facilities related to the trade and social infrastructure is being carried out. Nearby there will be a comprehensive school, a kindergarten and 2 parking lots, which are designed for 998 cars.

The owners of each apartment in the Magellan residential complex will be pleased with the well-developed infrastructure of Vasilievsky Island. It includes universities, schools, kindergartens for children, clinics (adults and children), as well as hospitals and supermarkets. In addition, the development plans of the island include the construction of several more schools and kindergartens. Of the entertainment facilities in the area there is a water park.

Pave new roads. The high-rise new building is no more than 10 km from the historical center of St. Petersburg, so it will not be difficult to get to it, either by public transport or by private car. After putting the WHSD into operation, the airport can be reached in just 20 minutes.

It is planned to build a new river station and an additional metro line. At the moment, the nearest station is Primorskaya. You can get to it on foot in 15 minutes.

The adjacent area will be perfectly landscaped. For the smallest residents of the complex will create a sports and playground, and for adults - a recreation area. For sports, a football field is provided. Landscaping in the foreseeable future of the entire territory of the new building is also in the plans of the developer. Here, trees and shrubs will be planted, wonderful flower beds will be broken.