Lake City in Bursa

Name: Sales in Lake City started!
Start: 2020-03-13T10:50:46.698258+00:00
End: 2023-12-31T23:59:59+0000
Location: Lake City

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Project info

Object ID: 5803

Finished at	June 2019
Price, m²	From 300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 119.00 m²
Floors	6
Apartments	88
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking 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

35,700$

Net profit

9,376$

Payback period

3.0 years

Avg property value increase per year

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Promos and discounts for Lake City

About the project

The Lake City project, which will be brought to life in Bursa by 16 İnşaat, draws attention with its location overlooking the lake. The Lake City project, which will be implemented in the Nilüfer Akçalar region, is being built on a land area of 5,600 square meters. The Lake City project, which consists of 8 blocks, consists of 88 apartments in total, 11 apartments in each block. In the Lake City project, where many apartment options from 2 + 1 to 4 + 1 are offered, the sizes of the houses are presented to their buyers in a way that varies between 119 square meters and 222 square meters.

Lake City project, which has a lake view that will never be closed due to its location, offers high quality of life to residents. The exteriors of the blocks will be designed with composite coating in the Lake City project, which will rise with first-class workmanship and material quality. In the Lake City project, where there will be a parking garage of 3 200 square meters, residents will be able to park their vehicles smoothly and comfortably.

There are 168 square meters swimming pool, fitness center, children's playgrounds, walking track and areas where bicycles can be used in the Lake City project, which also has rich activity areas as social facilities. The Lake City project, which will provide a safe living environment with a closed site concept, is planned to be delivered to its buyer in June 2019. After the completion, the construction work of the Lake City project, which is expected to provide its buyer with a 30 percent premium, continues.

Developer

As the 16 Group of Companies, our primary goal is; To serve the people of Bursa and to gain their endless trust. Therefore, as in all servic…
Details about 16 İnşaat