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Garden Residence in novi sad

Name: Sales in Garden Residence started!
Start: 2022-07-04T08:00:26.192003+00:00
End: 2023-12-31T23:59:59+0000
Location: Garden Residence

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Project info

Object ID: 20635

Finished at	November 2022
Price, m²	From 3200$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
Free consultation	Ask a question

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

96,000$

Net profit

5,906$

Payback period

11.8 years

Avg property value increase per year

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About the project

The "Emerald Garden Residence" facility has a basement parking space on two levels with 105 spacious garage spaces, and a carefully designed, self-sustaining green area that covers the business complex on the ground floor of the building, providing residents with pleasure in moments of relaxation, surrounded by the scenery. Green roofs affect the microclimate by reducing the heating of the microlocation, as well as saving energy for cooling in the summer.

The ground floor of "Emerald Garden Residence" is intended for business premises. It is spacious enough and optimally designed to meet the needs of commercial contents.

Above the ground floor, on five floors, there are 84 residential units, with different room sizes and square footage, designed to exceed the expectations of their future owners with their functionality and top-quality workmanship.

Developer

Decades of experience and over 100,000 m² of built residential and commercial space on the domestic market are a guarantee of the quality of…
Details about Emerald Hill

Contacts of Garden Residence sales department

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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Garden Residence on the map of Novi Sad

Orlovića Pavla, Detelinara

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