Mavi Mudanya in Bursa

Name: Sales in Mavi Mudanya started!
Start: 2020-03-17T11:06:13.688356+00:00
End: 2023-12-31T23:59:59+0000
Location: Mavi Mudanya

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Project info

Object ID: 5891

Finished at	May 2018
Price, m²	From 550$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 115.00 m²
Floors	5
Apartments	90
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa 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

63,250$

Net profit

9,376$

Payback period

5.4 years

Avg property value increase per year

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About the project

The Blue Mudanya project, built by Astaşaries on the shore of Mudanya in Bursa, consists of 90 apartments in 8 blocks. The Mavi Mudanya project includes 2 + 1, 3 + 1, 4 + 1, 5 + 1 and duplexes in these apartment types. In the project, the square meters of the apartments are designed to vary between 115 square meters and 385 square meters. While the Blue Mudanya project is located on the highest hill of Mudanya, this location ensures that all apartments overlook the sea view. At the same time, the project draws attention with its social equipment. The project includes adult and children's swimming pools, water slides, fitness center, sauna, jacuzzi, playgrounds for children. These social areas are located on an area of 1,300 square meters.

In the Mavi Mudanya project, a parking garage with a capacity of 1 vehicle is provided for each flat. After the completion of the project, which is planned to be delivered in May 2018, it is expected to provide its buyers with a premium of over 50 percent.