Alpis Aden House in Bursa

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Start: 2020-02-24T11:31:55.735519+00:00
End: 2023-12-31T23:59:59+0000
Location: Alpis Aden House

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Project info

Object ID: 5261

Finished at	October 2019
Price, m²	From 700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 66.00 m²
Floors	15
Apartments	690
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

46,200$

Net profit

7,813$

Payback period

4.6 years

Avg property value increase per year

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About the project

Alpiş İnşaat A.Ş. The Alpiş Aden House project, which was launched by the company, is built on a plot of 20,500 square meters. The project, which consists of 690 houses in 8 blocks, has a commercial area of 2 thousand square meters. The blocks were designed as 15 floors. Alpiş Aden House project has 1 + 1, 2 + 1, 2.5 + 1, 3 + 1, 3.5 + 1, 5 + 1 and 5.5 + 1 apartments. In the project, the gross areas of the apartments vary between 66 and 344 square meters.

In order to make Bursa a more livable and healthier city, urban transformation projects initiated by Bursa Metropolitan Municipality continue. One of these projects is; Alpiş Aden House project. Construction work has begun by laying the foundation of the Alpiş Aden House project, located opposite Osmangazi District Istanbul Caddesi As Merkez. 13,500 square meters of the Alpiş Aden House project, which has an investment value of 300 million TL, is reserved for green spaces.

Alpiş Aden House project is 3 minutes to Bursa Terminal, 5 minutes to Kent Square, 5 minutes to Istanbul-Izmir highway connection point, 15 minutes to Budo pier, 30 minutes to Uludağ, 45 minutes to Istanbul, 30 meters to metro, walking to shopping centers Located at a distance.