Panula Balat in Bursa

Name: Sales in Panula Balat started!
Start: 2020-02-27T06:36:46.714604+00:00
End: 2023-12-31T23:59:59+0000
Location: Panula Balat

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Project info

Object ID: 5352

Finished at	March 2020
Price, m²	From 750$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 141.00 m²
Floors	7
Apartments	210
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

105,750$

Net profit

9,376$

Payback period

9.0 years

Avg property value increase per year

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About the project

The Panula Balat project, which was brought to life in Bursa where the prices start from 650 thousand TL, is realized with the assurance of Detay İnşaat. The Panula Balat project, which consists of 5 blocks, contains 210 houses. The project offers different housing options from 2 + 1 to 5 + 1, ranging from 141 square meters to 440 square meters. It attracts attention in Bursa with its project architecture and concept.

Panula Balat project is added to the projects signed by Detay İnşaat. The Panula Balat project, which will find itself a place among the favorite projects of Bursa, comes to the buyers with its 7-storey 5-block architecture. Panula Balat project contains 210 houses. In the Panula Balat project, where 50 shopping malls are located in its commercial shops, housing options from 2 + 1 to 5 + 1 are created. The sizes of the houses in the Panula Balat project were designed to vary between 141 square meters and 440 square meters.

Attracting attention in Bursa with its 19 thousand 100 square meter green and social reinforcement area, Panula Balat project offers its social reinforcements to the use of its buyers in 2 different environments, indoor and outdoor. Within 1200 square meters of indoor space, activity areas such as gym, basketball court, sauna, massage, cafeteria, children's playgrounds, indoor swimming pool are offered. In the social reinforcement area to be open, there is a semi-olympic outdoor swimming pool, children's playgrounds, a children's pool.

The Panula Balat project, which will be located close to the city hospital that is planned to be built by location, is expected to gain gains in terms of both premium and rent with the increases in location features. The Panula Balat project is expected to provide over 30 percent premium to its buyers after its completion in January 2020, while its completion is targeted.

Developer

Detay Construction Ltd. Sti. It was established in 2001 in the partnership of Civil Engineer Selçuk Yalçınbayır and Civil Engineer Hüseyin İ…
Details about Detay İnşaat