KINGDOM in Alanya

Name: 📣 300$ — discount certificate
Start: 2020-02-04T13:15:52.295378+00:00
End: 2023-12-31T23:59:59+0000
Location: KINGDOM

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Construction

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Project info

Object ID: 4766

Finished at	January 2020
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	5
Apartments	25
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Parking Fitness Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

45,000$

Net profit

5,906$

Payback period

5.6 years

Avg property value increase per year

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About the project

KINGDOM Residence consists of 25 apartments that are part of one 5-story block. Of course, the residential complex includes apartments of five different layouts. This is, firstly, three apartments 1 + 1 per floor. And, secondly, - two apartments 2 + 1.

Alanya - Gazipasa International Airport is 40 km from the residence, and Antalya Airport is 140 km away. At 500 meters from the residence there is a bus stop and a Friday market. Alanya’s central beach, Cleopatra, is 800 meters from KINGDOM.

KINGDOM is a great choice to start life in Alanya. As a result, the apartments of the residential complex have an excellent prospect for long-term or short-term rental.

The construction of the project began in October 2018 and will be completed in January 2020.

KINGDOM is a great choice to start life in Alanya. You also have a great opportunity to rent for long or short term rent.