PRIME RESIDENCE APARTHOTEL, IN THE HEART OF SAINT PETERSBURG WILL BE COMMISSIONED IN 2018!
ABOUT PROJECT PRIME RESIDENCE APARTHOTEL is a sleek business-class apartment complex located in the heart of Saint Petersburg, in a two-minute walk from Nevsky Prospekt. The 8-storey building is comprised of modern accommodation with an area of 19 to 84 sq. meters. The building embraces monolithic construction technology, ventilated facades and panoramic windows. It will be operated by a professional management company, which will provide our guests high-level service around the clock. You can purchase the apartments to rent and earn income, as well as to live there on your own. Moreover, some apartments offer terraces and unique views. The aparthotel is to be commissioned as early as in 2018, so your investment is most likely to have a short-term return. If you buy Prime Residence aparthotel suites now, you will soon be able to earn income from renting apartments at the highest possible rates.
NEVSKAYA RATUSHA A P A R T H O T E L NEVSKY PR. STOCKMANN RETAIL ENTERTAINMENT CENTER PLOSHCHAD VOSSTANIYA SUBWAY STATION MOSKOVSKY RAILWAY STATION NEVA RIVER ZANEVSKY PROSPEKT GALERIA RETAIL ENTERTAINMENT CENTER PLOSHCHAD ALEKSANDRA NEVSKOGO SUBWAY STATION ALEXANDER NEVSKY MONASTERY LOCATION All-year-round demand for the aparthotel units is guaranteed by its location in the very heart of the city: it takes just a couple of minutes to walk down the subway or fifteen minutes to stroll to the main railway station and the sights of Saint Petersburg.
INVESTMENT IN APARTHOTEL Although it is new, APARTHOTEL has already proven itself as an investment tool that has been appreciated by thousands of investors. On the one hand, it is a reliable real estate asset, and an opportunity to obtain a return of up to 15 %, on the other. As compared with 3 5 % profitability brought by standard dwelling apartments and the difficulties caused by management of such property, more and more investors prefer aparthotel units. INVESTMENT IN APARTHOTEL is a modern and reliable tool to generate a guaranteed income. APARTHOTEL UNIT is a product created specifically for investors. That is why owning such type of real estate is both easier and more profitable. By investing in Prime Residence, you buy business-class aparthotel units, well designed and operated by a professional management company, in the center of Saint Petersburg. This real estate will always be in demand for renting, as well as further resale. Moreover, the organization of all these processes does not require your participation: the management company will take care of it all.
WHAT ARE THE ADVANTAGES OF PRIME RESIDENCE? Choice of the way to earn income that fits you best: You are to choose, whether it is a long-term or daily rent with maximum gains Profitability programs: You can choose a profitability program and are guaranteed to receive a monthly income The aparthotel is in the city center and will be always popular among corporate clients, oil & gas, as well as IT companies, whose offices are located nearby. You just get your income: a professional management company will take care of it all: operation, renting out and minor repairs of your aparthotel unit. Transparency and reliability: You can always learn the renting report on your property and ask questions to your personal manager. Moreover, all payments comply with the laws of the Russian Federation Affordable investment: The cost of aparthotel unit starts from 3.8 million rubles Still have any questions? We commission the complex as early as next year and implement the project pursuant to Federal Law No. 214
APARTHOTEL PORTFOLIO: FROM STUDIOS TO APARTMENTS WITH SPECTACULAR VIEWS PRIME RESIDENCE is to offer the following types of aparthotel units SMART 19 to 24 sq. meters STANDARD 26 to 33 sq. meters SUPERIOR 35 to 47 sq. meters RESIDENCE 48 to 55 sq. meters PRIME RESIDENCE from 84 sq. meters The complex has apartments offering unique views of the Neva River and the Alexander Nevsky Bridge, as well as units with terraces.
DESIGN AND FURNISHING All apartments are commissioned with fine and modern finishing. You can also buy units fully equipped with furnishings and household appliances. This option is convenient for investors as you can rent your unit as soon as you receive your keys. We used exclusively extra-strong, highly-durable and vandal-resistant finishing materials to ensure effective constant renting when guests frequently change. We attempted to combine the unique design and furnishing of the aparthotel units based both on design solutions and such really important factors as operational reliability and durability.
INFRASTRUCTURE CONCEPT The complex is located in the center of Saint Petersburg, so all necessary infrastructure is within walking distance: cafes and restaurants, fitness and SPA centers, shopping malls and beauty parlors. However, PRIME RESIDENCE dwellers will not even have to leave the building, because all the necessary facilities will be located on the ground floors: a restaurant, a mini market, a cafe, a fitness canter, a pharmacy, a coworking, a medical center, a multifunctional cinema and two conference rooms. The concept of the project stipulates that all commercial premises will be rented, not sold; thus, the management company reserves its right to control and choose tenants for commercial premises. The complex will have a spacious reception area, and a lobby bar with a fireplace and comfortable sofas. A fully equipped living room for events and celebrations will be available for our dwellers.
PROFITABILITY PROGRAMS We guarantee profitability for investors of PRIME RESIDENCE and offer three programs to choose from. GOLD PLATINUM PLATINUM + MINIMAL CONTRACT TERM 3 years 3 years 3 years OWNER S INCOME 90 % of rent payment 80 % of rent payment 80 % of rent payment RENT TYPE 1+ month 1+ month 1+ day MANAGEMENT COMPANY S REMUNERATION 10 % 20 % 20 % PUBLIC UTILITY SERVICES PAYMENT Paid by Investor Paid by Management Company Paid by Management Company SERVICES PROVIDED BY MANAGEMENT COMPANY Basic package of aparthotel management services Full range of aparthotel management services Full range of aparthotel management services INSURANCE OF CIVIL LIABILITY Gift Gift Gift DIVISION OF RISKS Investor s responsibility Management Company s responsibility Management Company s responsibility ADDITIONAL COSTS No No Yes PROFITABILITY AT 100% OCCUPANCY 10.8 % 9.6 % 15.2 %
TENANT S PROFILE GEOGRAPHY AGE TENANT TYPE PROFESSIONAL ACTIVITY 32 % Saint Petersburg 8 % 18 to 20 30 % Corporate clients CEOs 41 % Moscow 28 % Russia s regions 21 % 20 to 25 27 % 25 to 30 31 % 30 to 35 20 % Tourists Senior Managers Entrepreneurs Leading specialists Students of prestigious universities 9 % Other countries 13 % 35+ 50 % Other Income: above average, high
APARTHOTEL SERVICES 24-hour reception desk with staff fluent in English 24/7 concierge service: tours, tickets and restaurant booking, translation services Apartment cleaning Room service: food delivery to apartments Dry cleaning and laundry Repair services Event room: a hall fully equipped for various events Underground parking Coworking Designer flower shop Self-storage Car rent CCTV and access control
METHOD OF PURCHASE The aparthotel units are sold under Federal Law No. 214. You can choose a payment method which is most convenient for you: 100 % PAYMENT The buyer gets a 10 % discount from the initial cost of the apartment INTEREST-FREE INSTALLMENT PLANS The developer provides two installment schemes: 30/70: the first installment is at least 30 % of the cost of the apartment, with subsequent quarterly payments until June 2018. The initial installment is discounted by 10 %. 50/50: the first 50 % of the cost of the apartment is paid at the contract conclusion, while the remaining 50 % is paid no later than June 25, 2018. The initial installment is discounted by 5 %. MORTGAGE IS PROVIDED BY BANK VTB24 (PAO) Mortgage conditions: the first payment is 20+ % of the cost of the apartment; the interest rate is 10 % per annum. The maximum loan amount is 60 million rubles. Repeat buying as well as the purchase of several apartments grants an individual discount.
CONSTRUCTION PROGRESS
ABOUT DEVELOPER AND MANAGEMENT COMPANY The developer, YARD Group, was established by the market professionals and has been successfully implementing real estate projects since 1993. The priority goals set by Yard Group include preservation of Saint Petersburg s town-planning traditions, provision of comfortable living conditions for its residents and the enhancement of the city s prestige. Yard Group specializes in the construction of aparthotels, as well as eliteand business-class residential complexes. The company s portfolio has two more promising projects, near the Yubileyny Sports Palace and on Krestovsky Island. The management company was created specifically to control aparthotels. Its employees have many years of experience in the Russian and international hotel networks.
CONTACT US SALES OFFICE 26 Liteiny Prospekt, Saint Petersburg Week-days: 9:30 AM to 08:00 PM Week-ends: 11:00 AM to 7:00 PM e-mail: sale@yard.ru prime-residence.ru