Neta Balat in Bursa

Name: Sales in Neta Balat started!
Start: 2020-02-26T08:39:05.284309+00:00
End: 2023-12-31T23:59:59+0000
Location: Neta Balat

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Project info

Object ID: 5325

Finished at	November 2019
Price, m²	From 700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	10
Apartments	64
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground
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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

44,800$

Net profit

7,813$

Payback period

4.4 years

Avg property value increase per year

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About the project

Neta Balat project is being built in the developing area of Bursa, Balat. Within the Neta Balat project, which consists of 64 residences, it includes 3 + 1 normal and duplex residences. The residences in the Neta Balat project were designed to vary between 153 square meters and 194 square meters. The project is being built on a land area of 2 thousand 861 square meters.

The name of the new project, which will be brought to Balat with the signature of Belsa Yapı, was Neta Balat. Neta Balat project, brought to life in Balat, which is among the regions of Bursa that are valued day by day, is eye-catching with its location. Neta Balat project, which has a land area of 2,861 square meters, has rolled up its sleeves to make 64 families home with 64 residences. Neta Balat project, which will be built in Rüştü Burlu Street, has 3 + 1 normal and 3 + 1 duplex apartments with a ceiling height of 2 meters and 80 centimeters. In the project, 3 + 1 normal flats are designed as 153 square meters and 3 + 1 duplex flats are designed as 193 square meters with 193 square meters in middle and corner concepts. Neta Balat project is located 6 minutes from the Andalusian Park Shopping Center, 5 minutes from the Korupark Shopping Center, 4 minutes from the Organized Industry and 6 minutes from the Ring Road. Neta Balat project is planned to start in November 2019 and start life.