1071 Manzara in Ankara

Name: Sales in 1071 Manzara started!
Start: 2020-03-30T07:56:14.911641+00:00
End: 2023-12-31T23:59:59+0000
Location: 1071 Manzara

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Project info

Object ID: 6234

Finished at	June 2019
Price, m²	From 1200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 140.00 m²
Floors	16
Apartments	240
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness 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

168,000$

Net profit

9,376$

Payback period

14.3 years

Avg property value increase per year

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About the project

Offering office, residence and street concepts together, our mixed project 1071 Ankara; rising on a total area of 20,000 m2.

1071 Ankara; It is being built in Çukurambar, one of the most popular and decent districts of the capital, at a point where all areas of city life can be touched. It offers 1071 Ankara investors a very advantageous location with its proximity to the most important arteries of the city such as Konya Road and Eskişehir Road, being on the same route with state institutions, universities, hospitals and shopping centers, 10 minutes distance to Kızılay and easy access to all parts of the city.