Investment apartment for assignment | 50.7 m²
The 1st floor on documents is effectively at the height of the 3rd floor due to the commercial stylobate part of the building — offering comfortable height, privacy, and good views.
Investment lot for sale via assignment in a premium project under construction.
Property parameters:
• total area — 50.7 m²
• living area — 40.2 m²
• kitchen-living room — 21.7 m²
• bedroom — 11.5 m²
• private terrace — 10.5 m²
• delivery date — 2029
Assignment price
$3,000/m²
Total price — $152,100
Notably, the developer currently offers similar lots starting from $3,300/m², allowing the investor to enter the project below current market prices.
Investment Strategy
Scenario 1 — exit via assignment in one year
Projected value growth — up to $4,500/m².
At $4,500/m², the property value will be: $228,150
Potential capital gain: $76,050
Return on investment: +50%
To realize profit, it is not necessary to wait for construction to finish — the property can be resold via assignment.
Scenario 2 — wait for handover in 2029
Projected value at the time of delivery — $5,000–5,500/m².
At $5,000/m², apartment value — $253,500
Capital gain — $101,400 / +66.7%
At $5,500/m², apartment value — $278,850
Capital gain — $126,750 / +83.3%
Rental strategy after delivery
After receiving keys and completing renovations, the property can be kept for regular rental income.
Estimated rental rate — $1,500/month, or approximately $18,000 per year before expenses.
Thus, the property fits two strategies: profit from value appreciation and exit via assignment before delivery, or wait for handover to secure higher capitalization and keep the unit for passive rental income.
Entry price today — $3,000/m², compared to the developer's current price of $3,300/m² for similar units.
Interest-free installment plan from the developer:
• down payment (36.4%): $55,374
• balance: $96,726
• term: 42 months
• monthly payment: $2,303
A promising asset for capital growth during the construction phase and generating stable passive income from rentals after completion.