BW King’s Park Residences in Belgrade

Name: Sales in BW King’s Park Residences started!
Start: 2022-06-24T08:24:56.400263+00:00
End: 2023-12-31T23:59:59+0000
Location: BW King’s Park Residences

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Project info

Object ID: 20580

Finished at	March 2024
Price, m²	From 6460$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	15
Apartments	233
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	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

8,078$

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

226,100$

Net profit

5,883$

Payback period

28.0 years

Avg property value increase per year

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About the project

A new building within the Belgrade Waterfront project!

In addition to being well connected to key city points by new roads, the BW King’s Park Residences residential building is set in extraordinary green surroundings. The Sava Park is practically an extension of the building, while the landscaped inner courtyard for residents is on the opposite side. Such micro-location is rarely found in urban surroundings and is an exceptional benefit for all who have an active lifestyle.

In addition to the facilities for recreation and leisure, such as jogging track, multifunctional sports court, picnic area, or innovative children’s playground in Sava Park, there are shops, restaurants, and cafes on the ground floor, as well as the kindergarten and school nearby. The metro station where the future city lines will intersect will also be in the vicinity.

BW King’s Park Residences is designed as a 15-storey residential building, with shops and cafes on the ground floor and two levels of underground garage with 275 parking spaces for the residents. It consists of 233 apartments of various structures – from one- to four-bedroom units, including the two-and-a-half-bedroom apartments. Each apartment has a terrace and high windows, with unobstructed views of the Sava Park, inner courtyard, or city panorama, depending on the orientation. There is a multi-split AC system in each room, while the external unit is on the terrace and is covered with a decorative mask.