CitySide in Lucerne

Name: Sales in CitySide started!
Start: 2022-02-02T17:40:20.027849+00:00
End: 2023-12-31T23:59:59+0000
Location: CitySide

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Project info

Object ID: 17781

Finished at	February 2022
Price, m²	From 7740$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

340,560$

Net profit

6,783$

Payback period

37.7 years

Avg property value increase per year

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Promos and discounts for CitySide

About the project

Offices, practices, commercial premises and shops in the center of Lucerne.

The CitySide residential and commercial building is centrally located in downtown Lucerne between Wesemlinstrasse and the gateway to Zürichstrasse. In the CitySide you live and work in the middle of Lucerne. Those who live or work in CitySide benefit from the central location, the comprehensive infrastructure in the immediate vicinity, as well as the optimal public transport connection and the Lucerne-North motorway junction, which is only 2.1 km away.

On the ground floor of the inviting, modern building, CitySide offers two spacious commercial spaces with attractive shop window fronts facing Zürichstrasse, which are ideal as sales or shops due to their pronounced pedestrian location. The five contemporary designed business rooms on the upper floors with completely different floor plans and sizes are ideal for offices and surgeries. The commercial spaces are offered in the basic configuration so that usage requests and individual needs can be taken into account.