Kandinsky Odessa Residence in Odessa

Name: Sales in Kandinsky Odessa Residence started!
Start: 2021-07-01T07:46:12.916080+00:00
End: 2023-12-31T23:59:59+0000
Location: Kandinsky Odessa Residence

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Construction

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Project info

Object ID: 12797

Finished at	June 2022
Price, m²	From 1370$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	21
Apartments	978
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Underground parking Commercial area 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

49,320$

Net profit

5,883$

Payback period

6.1 years

Avg property value increase per year

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Promos and discounts for Kandinsky Odessa Residence

About the project

Kandinsky Odessa Residence on the French Boulevard, 63/65 is located in the resort part of town. Due to the fact that the new buildings are built on the beach, the view from their windows is truly picturesque.

The houses are separated from the city beach by the famous Health Route. You can go down directly to the sea by elevator and tunnel. The favorable location of the complex is confirmed by walking distance to various facilities: nearby open cafes and restaurants, nightclubs, supermarkets, service centers.

Information about houses and apartments

Kandinsky Odessa Residence includes 4 twenty-storey business class buildings. The halls of the buildings are decorated with masterpieces of modern art and have a pleasant interior. The new houses are designed so that residents of all apartments can enjoy a picturesque panoramic view of the Black Sea from the spacious terraces.

Investors can buy 1-bedroom and 2-bedroom apartments at a price corresponding to the improved real estate class. The height of the ceilings in the premises reaches 3 meters, the layout of the apartments is functional. Autonomous heating is equipped during construction.

Infrastructure

One of the reasons why the sale of apartments in Kandinsky Odessa Residence is active is the availability of its own infrastructure. For recreation and health of the residents there is a park for walks and sports, detox and fitness center, beauty salon, game club for children.

On the territory, the developer has provided space for a fine restaurant, boutique cafe and 24-hour delicatessen. The infrastructure of the new buildings includes opportunities for business services - a conference room, apartments for long-term rent, a business hotel and lounges for business meetings.

Developer

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