Sehr-i Ala Residence in Antalya

Name: Sales in Sehr-i Ala Residence started!
Start: 2020-03-16T12:39:31.470778+00:00
End: 2023-12-31T23:59:59+0000
Location: Sehr-i Ala Residence

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Project info

Object ID: 5861

Finished at	December 2019
Price, m²	From 572$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	13
Apartments	674
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground
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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

34,320$

Net profit

7,229$

Payback period

3.6 years

Avg property value increase per year

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About the project

The Şehr-i Ala project is constructed with the stable experience and assurance of Besta Construction. It was designed as a life centre where the hundreds of families that will live here can have all kinds of social activities and meet their needs without going away from their home therefore they significantly save money and time.

The Şehr-i Ala Residence has a construction area of 87.489 m2 in total and will be one of the most significant residential centres in the region with 674 apartments in total in Antalya, the capital of tourism. It is located on a land of 29.738 m2 including 10 block buildings.

Developer

Besta İnşaat, whose history dates back to the Hittite period, has adopted the cultural and economic values of Malatya, the rare city of th…
Details about Besta İnşaat