Safir Park in Bursa

Name: Sales in Safir Park started!
Start: 2020-02-27T12:19:37.075872+00:00
End: 2023-12-31T23:59:59+0000
Location: Safir Park

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Project info

Object ID: 5385

Finished at	October 2018
Price, m²	From 500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	6
Apartments	150
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa 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

45,000$

Net profit

9,376$

Payback period

3.8 years

Avg property value increase per year

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About the project

Consisting of 150 flats, Safirpark is realized by Yüksekoba İnşaat and Nuripek İnşaat. Consisting of 2 + 1 and 3 + 1 residences, Safirpark rises in 6 blocks.

In the Safir Park project, which is in line with bank loans, 50 percent of the housing price is paid in cash, and the remaining 50 percent is offered up to 36 months maturity installments.

Developer

The name of the new project of Yüksekoba İnşaat rising in Bursa was Lotus Park Residence. Lotus Park Residence project comes across with its…
Details about Yüksekoba İnşaat