Palm City Modern in Antalya

Name: Sales in Palm City Modern started!
Start: 2020-03-05T07:54:52.811037+00:00
End: 2023-12-31T23:59:59+0000
Location: Palm City Modern

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Project info

Object ID: 5551

Finished at	December 2018
Price, m²	From 1090$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 186.00 m²
Floors	2
Apartments	178
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	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

202,740$

Net profit

9,376$

Payback period

17.2 years

Avg property value increase per year

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About the project

Palm City Modern project, which was brought to life in Döşemealtı location in the developing region of Antalya, is settled as a total of 178 duplex twin villas on a wide land of 63 thousand 600 square meters. The villas in the project are of 3 + 1 types and their sizes are made ready to live with 186 square meters gross 150 square meters net usage area. The villas with a ceiling height of 3.25 impress with their gardens ranging from 250 square meters to 350 square meters. Residents, who will also have gardens along with the villa when buying, will have the opportunity to be in touch with nature with the Palm City Modern project.

In addition to the large garden and landscape areas, the Palm City Modern project, which has an indoor area of 800 square meters and a total of 6,500 square meters of activity and social space, attracts residents with its activity areas as well as being able to spend time with the nature. As social equipment, 3 different pools, fitness, tennis courts, football fields, basketball fields, squash, table tennis and billiard areas are offered for use.