Colors of Summer in Saint Petersburg

Name: Sales in Colors of Summer started!
Start: 2020-01-16T07:49:13.017711+00:00
End: 2023-12-31T23:59:59+0000
Location: Colors of Summer

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Project info

Object ID: 3825

Finished at	June 2020
Price, m²	From 1470$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 26.00 m²
Floors	19
Apartments	9167
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

38,220$

Net profit

5,906$

Payback period

4.7 years

Avg property value increase per year

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About the project

In St. Petersburg on Petrovsky Boulevard there is a new residential complex, “Colors of Summer,” consisting of seven monolithic nineteen-story buildings.

Its external walls are made of brick, and the internal partitions are made of aerated concrete. The bright colors used in the design of the facades allow you to revive a fairly uniform building.

Low-budget apartments in the residential complex “Colors of Summer” are being built in three phases, the first and second being rented out almost simultaneously in the fourth quarter of 2016, and the third at the end of 2017.

The complex is located near the Devyatkino metro station and can be reached on foot in 20-25 minutes.

In parallel with residential buildings, the necessary infrastructure facilities are being built. According to the development plan, along with five buildings of the first stage, a dance school and a kindergarten will be commissioned. The territory will be landscaped and equipped with sports and playgrounds, guest parking will be provided, and the basement will be used for organizations serving the complex, as well as the placement of beauty salons, shops and other commercial facilities.

Near the new building there are two large shopping and entertainment centers. Also nearby are forests, and four hundred meters there is a fairly large pond.

The project provides for the construction of buildings with one-, two- and three-room apartments. You can buy an apartment in the residential complex “Colors of Summer” from the developer “Policy Group” with payment of the entire amount immediately, by installments or using the mortgage lending program.

The initial cost of housing is low enough for the area, but this is due, first of all, to the compactness of the apartments offered. So, the area of a one-room apartment starts from 19 m2, which is comparable to the size of the studio. The layouts of the premises presented here are very diverse. Only one-room, there are 75 different options up to 39 m2. There are not many options for two-room and three-room apartments, but also quite enough.