Balat Stil in Bursa

Name: Sales in Balat Stil started!
Start: 2020-02-28T10:29:27.916635+00:00
End: 2023-12-31T23:59:59+0000
Location: Balat Stil

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Project info

Object ID: 5417

Finished at	July 2019
Price, m²	From 645$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 171.00 m²
Floors	7
Apartments	84
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool 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

110,295$

Net profit

9,376$

Payback period

9.4 years

Avg property value increase per year

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About the project

The Balat Style project, implemented by Ömer Kumova İnşaat, is built on a plot of 13 thousand square meters. The construction works of the project, which consists of 84 apartments in six blocks, started in January 2016 and was delivered in June 2018. 3 + 1 flats in Balat Style are 172, 178 and 186 square meters, 4 + 1 duplexes are 372 square meters. In the project, air conditioning infrastructure, boiler, goodbye button (power cut button in the house from one point) are offered as standard.

Balat Stil, which is implemented in the fastest developing region of Bursa, Balat, rises at an advantageous point in terms of transportation. It is possible to reach many points using the Emek and Korupark metro stations from the project, which is located close to Korupark Shopping Center. There are mainly 3 + 1 apartments in Balat Style.

Developer

One of the leading, dynamic and pioneer companies in the construction sector, Kumova Construction & Engineering has built many factories…
Details about Ömer Kumova İnşaat