Biva 17 in Izmir

Name: Sales in Biva 17 started!
Start: 2020-02-27T08:38:23.354481+00:00
End: 2023-12-31T23:59:59+0000
Location: Biva 17

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Project info

Object ID: 5367

Finished at	September 2018
Price, m²	From 500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	17
Apartments	64
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground
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Personal discount certificate 300$
Free consultation	Ask a question

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

45,000$

Net profit

9,376$

Payback period

3.8 years

Avg property value increase per year

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About the project

The Biva 17 project, built by Biva Architecture, consists of 64 apartments in a single 17-storey tower. The project includes 2 + 1 and 3 + 1 apartments. In Biva 17, the sample flat of which is ready, 2 room 1 living room flats are determined as 90 square meters, 3 room 1 living room flats are 130 square meters.

The Biva 17 project, which rises in the developing region of Karşıyaka, Yeni Girne, draws attention with its location and features. Designed as a 17-storey residence project, 3 + 1 apartments in Biva 17 have a sea view. Public transportation vehicles pass in front of the project, which is 4 minutes away from the center of Karşıyaka. Major commercial supermarkets are being negotiated for commercial units under the project. In the Biva 17 project, the apartments are equipped with a smart home automation system.