Locca Bodrum in Bodrum

Name: Sales in Locca Bodrum started!
Start: 2020-02-28T11:50:10.294235+00:00
End: 2023-12-31T23:59:59+0000
Location: Locca Bodrum

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Project info

Object ID: 5425

Finished at	May 2019
Price, m²	From 1450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 160.00 m²
Floors	1
Apartments	21
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Kids playground Near supermarket
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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

232,000$

Net profit

9,376$

Payback period

19.7 years

Avg property value increase per year

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About the project

The Locca Bodrum project, built by Ömer Kumova İnşaat in Bodrum Turgutreis, consists of 21 villas. The project includes 160 square meter 3 + 1 twin villas and 250 square meter 4 + 1 detached villas. 3 + 1 villas in the project are planned as duplex, 4 + 1 villas with swimming pool on one floor.

The Locca Bodrum project, implemented in Turgutreis, one of the most valuable regions of Bodrum, is located right across Çatal Island. In the boutique project consisting of 21 villas, the villas have unique sea and sunset views. The villas in the Locca Bodrum project are suitable for seasonal rentals. Detached villa rents are expected to start from 2 thousand euros.

Developer

One of the leading, dynamic and pioneer companies in the construction sector, Kumova Construction & Engineering has built many factories…
Details about Ömer Kumova İnşaat