The Russian Seasons in Saint Petersburg

Name: Sales in The Russian Seasons started!
Start: 2020-01-14T10:26:55.629643+00:00
End: 2023-12-31T23:59:59+0000
Location: The Russian Seasons

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Project info

Object ID: 3686

Finished at	June 2020
Price, m²	From 2820$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 33.00 m²
Floors	5
Apartments	362
Condition	Black walls
Construction type	Monolyth
Security	CCTV 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

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
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		193		8078$
Average		52%		37$

Total invested

93,060$

Net profit

5,883$

Payback period

11.5 years

Avg property value increase per year

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About the project

The Russian Seasons project is located in one of the most picturesque and prestigious places in the Kurortny district of St. Petersburg, on the territory of the famous St. Petersburg sanatorium "Sestroretsky resort", surrounded by centuries-old trees on the shores of the Gulf of Finland.

“Russian Seasons” are three separate buildings: two five-story reconstructed buildings of a sanatorium hotel in a modern style (building 1 and building 2) and an exclusive mansion (Forest Building) with 16 rooms in the best traditions of Northern Modern - the restored historical Forest Building of the sanatorium "Sestroretsky resort."

Two detached 5-story buildings face the main facades to the west, towards the Gulf of Finland.

In total, the complex has 362 lounge studios (182 in the first building and 180 in the second) ranging from 29 to 119 square meters. m. All rooms have a kitchen-living room, many have bedrooms with a private bathroom. The second building will be surrendered with a full finish (description here) and you can enjoy life surrounded by nature or receive income from the change from the moment you receive the keys.

Developer

RBI Company (part of the RBI Group) was founded in 1993, implements elite and commercial real estate projects and is a recognized leader in …
Details about RBI