The yacht club
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Transcript of The yacht club
Multifunctional cultural and entertainment complex which will be constructed on thebank of the Volga river. This project aims to contribute to the modernization of the cityin accordance with the European standards, to satisfy its need for promoting privateshipping, which is practically lost all over Russia to date.
’Stolitsa Nizhny’ Group project in the stage of planning
Proximity to the historical
center of the city, to the
Kremlin
Proximity to cultural and
entertainment
establishments
Good accessibility of
shopping and business
centers by personal
transport
Close to the river
Beautiful landscape
Project structure
• 157 000 sq m
• 28 000 sq m
• For 250-300 rooms
• 20 000-30 000 sq m
• 2 000 – 7 000 sq m
• Concert hall for 2 000 seats
• 20 000 – 30 000 sq m
• For 300-400 yachts
Based on the projected capacity of the market and the expected share of apartments incomfort and business class, the estimated residential area of the project is 28 000square meters.
Calculation of project’s economic characteristics
Characteristics Base variant Target variant
Area, sq. m
Apartments 28 000 28 000
Commercial area 5 000 5 000
Parking places 434 434
Price, USD
Apartments, USD /sq. m. 2 193 2 384
Commercial, USD /sq. m. 2 145 2 384
Parking places, USD /place 21 454 23 838
Proceeds, USD
Apartments 61 406 436 66 746 126
Commercial area 10 727 056 11 918 951
Parking places 9 311 085 10 345 650
Total 81 444 577 89 010 727
Target characteristics:
ROS – 25%
IRR – 35%
PP – 5 years
1. Calculated apartments area of the project - 28 000 sq. m.2. Commercial areas are calculated roughly as the area of one floor and should be verified with the
readiness of the architectural project. 3. Base variant is calculated on the basis of the obtained level of prices for apartments. Target
variant - price based on expert understanding of the uniqueness of the project and the infrastructure.
Advantages of this real estate format
• Business class apartment
• The level of service comparable to hotels 4-5*
• Price per apartment - lower than business-class housing
• Developed infrastructure outperforming more expensive elite and premium counterparts
Project features
• Author's project, exclusive design
• Modern construction technology
• Stained glass
• Berth for private water equipment
Target audience
• Businessmen using the property as a form of investment
• Families with children
• Residents who love comfort