Flipper Residence in Bodrum

Name: Flipper Residence
Brand: Vitanova
SKU: 5657
Availability: InStock

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Project info

Object ID: 5657

Finished at	March 2018
Price, m²	From 1300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 63.00 m²
Floors	3
Apartments	36
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

81,900$

Net profit

7,813$

Payback period

8.1 years

Avg property value increase per year

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About the project

Turkey's vacation paradise Yalikavak Bay of Bodrum's fastest growing region in Vulpecula Flipper Residence, offers a great investment opportunity for those who want both to live in Bodrum. The last 15 apartments are carefully designed, just 30 steps from the sea. Flipper Residence, which is one of the rare projects in the region with such a coastline, is guaranteed a 30 percent premium after 1 year. Apartment owners can also benefit from all the services provided by the hotel in the project. For example, it is possible to benefit from services such as pool, housekeeping, technical service, concierge service and airport transfers for a fee. Site fee in Flipper Residence is only 750 lira. Those who want to buy a house from Flipper Residence, which is outside the timeshare vacation concept, can instantly get their title deeds and move to their apartments.