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Olarizu Homes II in Vitoria-Gasteiz

Name: Olarizu Homes II
Brand: Neinor Homes
SKU: 10578
Availability: InStock

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Project info

Object ID: 10578

Finished at	December 2021
Price, m²	From 2470$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 89.00 m²
Floors	6
Apartments	53
Condition	Turnkey
Construction type	Monolyth
Security	—
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

219,830$

Net profit

9,376$

Payback period

18.7 years

Avg property value increase per year

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About the project

Olarizu Homes II, is a new development by Neinor Homes in Vitoria-Gasteiz, located at the southern end of Avda. De Olarizu. It is located in a newly created urban environment, a few minutes from the city center, which puts at your disposal all the services that you can demand: wide commercial and leisure offer, different educational and sports facilities, health centers, etc. … Olarizu Homes II is a residential complex made up of a linear plot separated by a wide pedestrian walkway and in front of the Olarizu park. The plot will house 53 homes of 1,2, 3 and 4 bedrooms with garages and storage rooms (included in the price) distributed on the ground floor with large terraces plus five floors. In the basement there will be parking spaces and storage rooms. The plot will have a large private common space on the ground floor and a bicycle storage room.

Developer

Details about Neinor Homes

Hotline

+995 (558) 7000 88

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

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Olarizu Homes II on the map of Vitoria-Gasteiz

Avenida Olarizu Hiribidea District Adurtza Vitoria-Gasteiz Álava

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