Severnaya dolina in Saint Petersburg

Name: Sales in Severnaya dolina started!
Start: 2020-01-17T08:30:22.350425+00:00
End: 2023-12-31T23:59:59+0000
Location: Severnaya dolina

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Project info

Object ID: 3905

Finished at	September 2021
Price, m²	From 1280$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 21.00 m²
Floors	28
Apartments	15000
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking 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

26,880$

Net profit

5,906$

Payback period

3.3 years

Avg property value increase per year

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About the project

The modern residential complex “Northern Valley” is a whole microdistrict of St. Petersburg, which is being built as a small city with a capacity of 80 thousand people.

It is located in the village of Pargolovo at the address: 4th Verkhny Lane, section 15.

The construction of the first line of buildings was launched in May 2009. Seventh and eighth lines were partially settled in the first quarter of 2016. The completion of the ninth stage is scheduled for the end of 2016, and the tenth and eleventh will be commissioned in the third quarter of 2017. Completion is expected no earlier than 2020.

The distance from the Parnas metro to the nearest building is only 50 meters. Nearby is Shuvalovsky Park, Napoleon’s Shirt Pond, Lower Big, Middle and Upper Suzdal Lakes and the Starozhilovka River flows. By Vyborg highway and Engels Avenue, you can quickly get to the city center and its outskirts.

The development plan provides for the improvement of the territory and the construction of schools, kindergartens, shops, medical, sports, entertainment and financial institutions. The complex will be fully provided with its own parking lots and parking spaces.

Apartments in the residential complex "Northern Valley" at a cost per square meter belong to the lower and middle price level in St. Petersburg. A large number of housing under construction in the neighborhood, involves many different proposals. Layouts of apartments are diverse and able to meet the requirements of any buyer. The smallest studio has an area of 21 m2 and the largest is 33 m2. One-room apartments are built from 29 m2, two-room apartments - from 52 m2, and three-room apartments - from 71 m2. Housing can be rented to real estate investors with or without trim.

Developer

Glavstroy St. Petersburg Company (Glavstroy-SPb Specialized Developer LLC) is one of the largest Russian developers implementing projects fo…
Details about Главстрой-СПб