SUITE in Alanya

Name: Sales in SUITE started!
Start: 2020-02-05T06:32:47.191838+00:00
End: 2023-12-31T23:59:59+0000
Location: SUITE

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Project info

Object ID: 4772

Finished at	March 2020
Price, m²	From 950$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.00 m²
Floors	4
Apartments	91
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool
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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

27,550$

Net profit

5,906$

Payback period

3.4 years

Avg property value increase per year

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About the project

The Residence SUITE (Suite Residence) is located in the city of Kargicak / Alanya at a distance of 1300 meters from the city center.

Advantages of the residence "SUITE"

The residence consists of 91 apartments, which are part of one 4-storey block. Of course, in the residential complex there are apartments of various layouts. First of all, one-room apartments ranging from 29 to 40 m2. In addition, - 1 + 1 apartments ranging from 45 to 84 m2. And finally, 2 + 1 apartments with an area of 72 and 79 m2. Most notably, the Studio Residence is also included in the Suite Residence project.

25 km from the residence is the international airport of Alanya - Gazipasa. Suite Residence offers panoramic views of the Mediterranean Sea, Toros Mountains and Alanya Castle.

Residence “SUITE” is an excellent choice to start life in Alanya. As a result, the apartments of the residential complex have a great prospect of renting out for long or short term.