Ave. Lushpa in Sumy

Name: Sales in Ave. Lushpa started!
Start: 2019-11-18T12:18:56.083069+00:00
End: 2023-12-31T23:59:59+0000
Location: Ave. Lushpa

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Project info

Object ID: 1243

Finished at	March 2020
Price, m²	From 435$
Buy online	Details
Installment plan	Рассрочка: до февраля 2020 1-й взнос: 30%
Bank mortgage
Property type	Aparment building
Square	from 37.00 m²
Floors	11
Apartments	210
Building phase	Carcase finished
Condition	Black walls
Construction type	Brick
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

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

16,095$

Net profit

5,883$

Payback period

2.0 years

Avg property value increase per year

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About the project

In the apartments are performed:

1) general construction work;

2) entrance metal doors are installed;

3) all rooms are plastered, except for the bathroom and the bathroom;

4) copper wiring;

5) cement screed under the clean floor, except for the bathroom and the bathroom;

6) the installation of "turnkey" individual heating systems;

7) a system of water supply, sewage, electricity;

8) water, gas, electricity meters are installed;

9) the windows of the 5-chamber system of the Wintech brand are installed, with 2-chamber energy-saving glass;

10) balconies and loggias are glazed with monoglass 4 mm thick.

Developer

Sumstroy JSC is a multidisciplinary engineering design and construction contractor, licensed for the whole range of construction services, i…
Details about Сумстрой