Orange City in Bursa

Name: Sales in Orange City started!
Start: 2020-03-17T11:44:54.400316+00:00
End: 2023-12-31T23:59:59+0000
Location: Orange City

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Project info

Object ID: 5898

Finished at	March 2017
Price, m²	From 475$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 118.00 m²
Floors	7
Apartments	116
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Pool 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

56,050$

Net profit

9,376$

Payback period

4.8 years

Avg property value increase per year

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About the project

The Orange City project, implemented by Özdilek Holding in Bursa Nilüfer, is built on a plot of 15 thousand square meters. The project, consisting of 9 blocks, contains 116 apartments. The project includes 2 + 1 apartments from 118 to 133 square meters, 3 + 1 apartments from 148 to 184 square meters, 4 + 1 duplexes from 238 to 321 square meters. Apartments in Orange City are delivered with built-in products and 2 air conditioners.

Rising in Nilüfer, the modern face of Bursa, the Orange City project will provide a life both in the center of the city and away from its complexity with its green, energy and sincerity. In the project, which attracts attention with its low-rise architecture, the launch period started after the construction was completed. It is possible to have the first 30 flats, which are in immediate delivery, at advantageous prices specific to the launch. The sample apartment of the Orange City project, which is the only site with a large social area in the region, is ready.

Developer

Özdilek was established in Bursa, where the towel was first produced, with two looms, 5 personnel and an annual towel production capacity of…
Details about Özdilek Holding