EliteLife VII in Alanya

Name: Sales in EliteLife VII started!
Start: 2020-02-05T07:24:40.884306+00:00
End: 2023-12-31T23:59:59+0000
Location: EliteLife VII

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Project info

Object ID: 4776

Finished at	March 2021
Price, m²	From 970$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	5
Apartments	24
Condition	Black walls
Construction type	Monolyth
Security	CCTV 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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

55,290$

Net profit

7,229$

Payback period

5.8 years

Avg property value increase per year

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About the project

The residence - the resort of luxury lifestyle "EliteLife VII" consists of 24 apartments that are part of one 5-storey block. Of course, in the residential complex there are apartments of various layouts. First of all, 1 + 1 apartments ranging from 57 to 63 m2. And finally, 2 + 1 apartments with an area of 87 m2. The most remarkable thing is that the EliteLife VII luxury project also includes 3 + 1 penthouse apartments with an area of 152 and 174 m2.

Alanya - Gazipasa International Airport is 60 km from the residence, and Antalya Airport is 90 km away. There is a bus stop 250 meters from the residence. EliteLife VII offers panoramic views of the Mediterranean Sea and the Toros Mountains.

EliteLife VII 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.