Multi Flat Residence in Ankara

Name: Sales in Multi Flat Residence started!
Start: 2020-03-31T11:50:15.821614+00:00
End: 2023-12-31T23:59:59+0000
Location: Multi Flat Residence

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Project info

Object ID: 6303

Finished at	February 2018
Price, m²	From 550$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 103.00 m²
Floors	—
Apartments	108
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

56,650$

Net profit

9,376$

Payback period

4.8 years

Avg property value increase per year

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About the project

The Multi Flat Residence project, built by Lim-ka Construction, consists of 108 apartments in a 20-storey single block. The project, built on a land of 8 thousand 500 square meters, has a construction area of 45 thousand square meters. Multi Flat Residence is designed in size of 2 + 1's gross 103, 91 square meters net, 3 + 1's gross 145, net 131 square meters, 4 + 1 gross 165, net 148 square meters.

Multi Flat Residence, which has been realized in Bağlıca, one of the most preferred regions of Ankara, attracts attention with its star-shaped architecture. Each leaf in the block has two circles. Thus, the two apartments do not have a combined wall other than the kitchen wall. Multi Flat Residence, built with a convectional formwork system, has a structure resistant to 8 intensity earthquakes.

Developer

Established in 1980 by Fahri LİMAN, Liman İnşaat continues its activities in 1998 under the name Lim-Ka İnşaat Ltd Şti. Lim-ka İnşaat realiz…
Details about Lim-ka İnşaat