Prestij Elit in Bursa

Name: Sales in Prestij Elit started!
Start: 2020-02-27T08:05:30.018951+00:00
End: 2023-12-31T23:59:59+0000
Location: Prestij Elit

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Project info

Object ID: 5362

Finished at	September 2017
Price, m²	From 450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 165.00 m²
Floors	5
Apartments	276
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	Intercom 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

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

74,250$

Net profit

9,376$

Payback period

6.3 years

Avg property value increase per year

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About the project

The Prestige Elite project, built by Bakyapı, consists of 276 apartments in 23 blocks. Apartments in the project are 3 + 1 duplex and 4 + 1 type. 3 + 1 duplexes are designed as 165 and 175 square meters, 4 + 1 normal apartments 186 square meters, 4 + 1 garden floor apartments are 206 square meters. 4 + 1 garden floor apartments have 20 square meter garden usage areas.

Bakyapı, which has accomplished successful projects in Istanbul and Bursa with the brand "Prestij", pressed the button for its new project. The Prestige Elite project rising in Bursa Akpınar region is built on a 60 thousand square meter plot between Bursa Güzelbiryer project and Doğa Koleji. The project consists of a total of 46 blocks and 552 apartments in two stages. The first phase of the Prestige Elite project will be delivered in June 2017 and the second phase in September 2017. The project, which is the last link of the “Prestige” series, is considered as a prestige element for Osmangazi, the region of Bursa that shows a rapid development process. 10 months