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Milos in Odessa

Name: Sales in Milos started!
Start: 2021-08-11T07:58:24.608059+00:00
End: 2023-12-31T23:59:59+0000
Location: Milos

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Project info

Object ID: 13512

Finished at	October 2020
Price, m²	From 1100$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 99.20 m²
Floors	2
Apartments	240
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground 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

108,900$

Net profit

9,376$

Payback period

9.3 years

Avg property value increase per year

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Promos and discounts for Milos

About the project

Milos Residential Complex is a new 15-storey business-class building in the Primorsky District of Odessa. The windows of the new building offer a panoramic view of the Black Sea, parks and beaches of Arcadia. The project is being implemented by the construction company Hephaestus.

Infrastructure

The Milos residential complex is located 250 meters from the 7th station of the Great Fountain. From here, several public transport routes go to different parts of the city. But the proximity to a major transport interchange - is not the only privilege of the LCD.

Within five minutes of the house there are dozens of cafes and restaurants, five schools and as many kindergartens, a museum, theater, several medical institutions and shops.

The nearest supermarkets to the house are Obzhora and Virtus, 250 and 400 meters away. But you can buy products in other stores of large retail chains. For example, in the supermarket "Silpo" located in 10 minutes on foot or in shopping centers "Victory Gardens", "City Center" and "Arcadia City".

The nearest city hospital №6 is only 3 minutes away by car, but there are other medical institutions in the area of the new building: the clinic of the Medical University, Odessa Regional Medical Center, Virtus Plastic Surgery Institute, Adonis Medical Center, Salyut Children's Health Center, and also several sanatoriums. The nearest sanatorium "Moldova" is 900 meters from the residential complex.

At a distance of one kilometer from the new building, two of the five schools in the district - №38 and №81. To the nearest kindergarten №107 "Sonechko" by car 2 minutes, and in 10 minutes drive there is a kindergarten №80.

The Primorsky district is also known for its green islands. Within a radius of 3 km from the house there are three: the Botanical Garden of Odessa University. Mechnikov, Heroes of the Pilots Square, Victory Arboretum. A little further, the park. Gorky, the square of heroic defense of Odessa and Artillery Park.

In the water park "Hawaii", on the beach "Seagull" or the famous "Ibiza Beach" by car you will be in 10 minutes. Kids will be able to play with friends in the children's town "Tilly Willy", adults - to spend time in the night club "Bono Beach Club", and you can play sports in the fitness club located 700 m from the residential complex BaZa.

Developer

The construction company Hephaestus began its activities in the Ukrainian market in 1997 in the city of Odessa. Founder Panteleimon Vasilyev…
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