Little France in Saint Petersburg

Name: Sales in Little France started!
Start: 2020-01-17T11:57:44.779527+00:00
End: 2023-12-31T23:59:59+0000
Location: Little France

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Construction

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Project info

Object ID: 3940

Finished at	September 2021
Price, m²	From 3190$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	7
Apartments	145
Condition	Black walls
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

165,880$

Net profit

7,229$

Payback period

17.5 years

Avg property value increase per year

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About the project

The architectural appearance combines the images of the historical buildings of St. Petersburg and the advanced trends of the modern style in construction. Strict and slender facades, designed in the style of Art Deco, are decorated with stucco friezes, ornaments and pilasters. The combination of laconic geometry of the external appearance and restrained, but graceful decor brings the building closer to the best examples of northern modernity.

For “Little France” a reserved corner of Vasilievsky Island was chosen, where the noise of large avenues does not reach. The residential complex is located at the very beginning of the 20th line, on the border of the zones of modern and historical buildings. This location makes it equally convenient to move around the island on foot and by car.

Developer

AAG Holding implements its own housing projects in the comfort + and business class segments, and also provides development services for inv…
Details about AAG