Kristal Plaza in Lviv

Name: Sales in Kristal Plaza started!
Start: 2021-08-06T12:24:58.151084+00:00
End: 2023-12-31T23:59:59+0000
Location: Kristal Plaza

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Project info

Object ID: 13405

Finished at	February 2022
Price, m²	From 2250$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 30.00 m²
Floors	9
Apartments	72
Condition	Black walls
Ceiling height	3.30 m.
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

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

67,500$

Net profit

5,906$

Payback period

8.3 years

Avg property value increase per year

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About the project

Kristal Plaza is a complex that combines two concepts: an apartment complex and a business center. The business infrastructure of the complex and office premises will be concentrated in the business center. The apartment complex will house apartments that are offered to investors as a ready-made business tool for passive income in the hotel industry.

Two concepts of the complex are reflected in the architecture: the glass part of the business center resembles a precious stone framed by a facade. The architectural style is dominated by minimalism from straight lines of facades to the color palette of clinker tiles. The Kristal Plaza area is separated from the road by a park that is planned to be reconstructed - greenery will complement the design solution inside and out: the glass surface will reflect the park, and in spring and summer the emerald green color will fill the offices.

Infrastructure

Kristal Plaza's internal infrastructure is business-oriented and divided into floors. A premium café and restaurant will open on the ground floor. In order not to waste time on the way to the gym, there will be an open fitness center on the second floor of the complex. The third floor is a place for a conference hall and coworking with access to an outdoor terrace. Private offices and an aparthotel start on the fourth floor.

Kristal Plaza is located in an area where the construction of new residential complexes is underway, which will attract the development of the surrounding infrastructure - new shops, services, restaurants and cafes. The center of Lviv can be reached by car in 10 minutes. 5 minutes walk from the public transport stop, 7 minutes walk from Persenkivka railway station. The airport can be reached by car in 20 minutes.

The nearest supermarkets can be reached on foot - 6 minutes to Vopak, 8 minutes to Blizenko. There are also small grocery stores in the district.

If running on a treadmill in the hall will be boring - at a distance of 5 minutes on foot begins the park Iron Water, and 15 minutes on foot Stryjsky Park, where it will also be nice to walk or ride a bike.

Developer

Galician Construction Guild Ltd. was founded in 2011. The founders of this company are professional builders with extensive experience, who …
Details about Галицька Будівельна Гільдія