Madrid City in Bursa

Name: Sales in Madrid City started!
Start: 2020-02-25T11:08:14.383337+00:00
End: 2023-12-31T23:59:59+0000
Location: Madrid City

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Project info

Object ID: 5292

Finished at	March 2019
Price, m²	From 330$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 138.00 m²
Floors	6
Apartments	39
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking 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

45,540$

Net profit

9,376$

Payback period

3.9 years

Avg property value increase per year

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About the project

The Madrid City project, built by Taham Yapı, consists of two stages. There are 28 apartments in 3 blocks in the first phase of the project and 11 apartments in 1 block in the second phase. In the Madrid City project, which consists of 39 residences in total, the areas of apartments vary between 138 and 208. In the project, the buildings are built with 5 floors and with an elevator.

Madrid City, the most peaceful boutique project of Kayapa region, consists of two stages. The Madrid City project, which rises in the nature and away from the noise of the city, attracts attention with its highway connection and proximity to Uludağ University. All materials and workmanship will be applied as 1st class in the construction of the project. All flats will be of the same quality. The construction of the second phase of the Madrid City project started in November 2018. Its construction is expected to continue for a year. In the first place, the deliveries are foreseen to be made in March 2019.

Developer

Taham Yapı is a company of German origin with 32 years of international experience and values. With the mission of changing the understandi…
Details about Taham Yapı