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Magnifika in Saint Petersburg

Name: Sales in Magnifika started!
Start: 2020-01-16T08:31:40.204267+00:00
End: 2023-12-31T23:59:59+0000
Location: Magnifika

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Project info

Object ID: 3836

Finished at	September 2021
Price, m²	From 1790$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 33.00 m²
Floors	15
Apartments	1151
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 Near hospital
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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

59,070$

Net profit

5,883$

Payback period

7.3 years

Avg property value increase per year

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Promos and discounts for Magnifika

About the project

Residential complex Magnifika in St. Petersburg is located on the street. Magnitogorsk in the Krasnogvardeisky district.

In the neighborhood there is a business center, cafes, restaurants, a university and a shopping center. In the vicinity of the new building there are shops of various profiles, supermarkets, medical and banking institutions. Within a kilometer radius there is a shopping and entertainment complex, a hypermarket, schools, lyceums, a gymnasium, kindergartens and a cinema.

A two-minute walk is a stop, to the metro station "Novocherkasskaya" a little more than one kilometer. Apartments in the residential complex "Magnifica" are offered at a price corresponding to the average level in the city.

The new building is a residential quarter of monolithic frame houses, the height of which is in the range from two to fifteen floors. Magnifika LCD buildings are designed in the Scandinavian style, combined with elements of the architecture of the houses of St. Petersburg.

The complex is being built from environmentally friendly certified materials from well-known manufacturers with the use of innovative energy-saving technologies at all stages of construction. The facades are insulated with an effective heat insulator and faced with hand-molded bricks.

Ergonomic layouts of apartments in combination with panoramic glazing of windows with two-chamber double-glazed windows provide a high level of comfort and excellent illumination of all rooms with natural daylight.

Feedback from real estate investors about the Magnifica residential complex and photos of new buildings published on the forums demonstrate a solid level of work.

The development plan on the territory provides for the construction of a school and three kindergartens. Equipped with children's playgrounds for different ages, guest car parks and underground parking, pedestrian paths are laid, driveways are arranged and access roads are paved. Gardening is carried out - trees, decorative shrubs are planted and grassy lawns are broken.

Developer

Bonava is a Swedish housing developer and one of the leading companies in this segment in Northern Europe. Bonava has been building houses a…
Details about Bonava