Tepe Modern Villalari in Alanya

Name: Tepe Modern Villalari
Brand: Burak Kan İnşaat
SKU: 5582
Availability: InStock

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Project info

Object ID: 5582

Finished at	January 2018
Price, m²	From 250$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 330.00 m²
Floors	3
Apartments	10
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Pool Kids playground
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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

82,500$

Net profit

9,376$

Payback period

7.0 years

Avg property value increase per year

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About the project

Turkey's tourism paradise Antalya Alanya implemented hill modern villas, attracts attention with its spectacular views of dominant position. Tepe Modern Villas, one of the most ambitious projects of the region, are located 3 minutes from the ring road and 8 minutes from the city center. The most remarkable feature of the project, whose purpose is to develop strong neighborly relations, is that there is no house sales to tourists. In Tepe Modern, developed with a boutique concept, great emphasis is placed on family life. The producer company prefers families to live in its villa for 12 months while selling the villa.