New Life Evleri in Bursa

Name: Sales in New Life Evleri started!
Start: 2020-03-16T11:09:18.930794+00:00
End: 2023-12-31T23:59:59+0000
Location: New Life Evleri

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Project info

Object ID: 5847

Finished at	March 2019
Price, m²	From 260$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 117.00 m²
Floors	3
Apartments	60
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten 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

30,420$

Net profit

9,376$

Payback period

2.6 years

Avg property value increase per year

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About the project

New Life Houses, which are in the new projects of Bursa İnegöl, were built on a plot of 7 thousand 320 square meters. There are 60 residences in the New Life Houses project. There are 3 + 1 flats in the project. In the New Life Houses project, the apartments are designed to range from gross 117 to 127 square meters. The project includes a children's playground, recreation areas, and sports equipment for adults.

The New Life Houses project offers a parking area for every apartment with its parking lot. The project is taken under protection with security cameras and security guards 24/7. In the apartments of New Life Houses, features such as honeycomb thermostats, combi boilers and modern kitchen cabinets are offered to residents as standard. In the New Life Houses project, which is in immediate delivery, it is foreseen that the apartments will provide a 20 percent premium to the buyer.