Shu Ozluce in Bursa

Name: Sales in Shu Ozluce started!
Start: 2020-02-25T11:31:48.701158+00:00
End: 2023-12-31T23:59:59+0000
Location: Shu Ozluce

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Project info

Object ID: 5295

Finished at	September 2019
Price, m²	From 430$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 212.00 m²
Floors	7
Apartments	24
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

91,160$

Net profit

9,376$

Payback period

7.8 years

Avg property value increase per year

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About the project

The Shu Özlüce project, realized by YB Yapı, consists of 24 apartments in a single block of 6 floors. There are 4 apartments on each floor in the project. All of the apartments are 3 + 1 type. Their size is gross 212, net 133 square meters. Shu Özlüce has a fitness room, an indoor car park, and indoor and outdoor children's playgrounds. In addition, apartment owners will be offered concierge service.

The Shu Özlüce project, which was launched in Nilüfer Özlüce, one of the favorite residential areas of Bursa, is located opposite the Kültür Schools. Construction work of the project built by YB Yapı under the brand "SHU" started in July 2018. In the project, which is a complete family concept, there are only 4 apartments on each floor. All of the apartments are designed in 3 room and 1 living room type. There are also 4 commercial units in Shu Özlüce.

Jet Grout application was used to strengthen the ground features of the project. Underfloor heating system, including the main balcony, was used in Shu Özlüce. Decorative lacquer skirting boards, which add a different atmosphere to each corner of the house, are located. There are 4 built-in products of Beko brand in the kitchens.