Gulf Residance in Trabzon

Name: Sales in Gulf Residance started!
Start: 2020-03-30T11:52:01.641867+00:00
End: 2023-12-31T23:59:59+0000
Location: Gulf Residance

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Project info

Object ID: 6261

Finished at	June 2019
Price, m²	From 300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 165.00 m²
Floors	8
Apartments	192
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground Near supermarket
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Personal discount certificate 300$
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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

49,500$

Net profit

9,376$

Payback period

4.2 years

Avg property value increase per year

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About the project

Our project consists of 6 residence blocks. All flats in the project are 165m2 in size and designed as 3 + 1. With the Kanuni Highway, which will pass right in front of the project, you can reach the city center in just 5 minutes, just 2 minutes from the airport.

Just 500 meters from the seaside, We open the doors of a warm home with specially designed interiors in the apartments. We offer you VIP designed apartments where green and blue are combined. Sports areas where you can spend time safely are walking trails, fitness center and apartments designed with a special architecture, each with a view of the sea.