Paradise Life in Bursa

Name: Sales in Paradise Life started!
Start: 2020-03-17T13:31:31.614515+00:00
End: 2023-12-31T23:59:59+0000
Location: Paradise Life

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Project info

Object ID: 5908

Finished at	March 2017
Price, m²	From 380$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 130.00 m²
Floors	13
Apartments	94
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Commercial area 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

49,400$

Net profit

9,376$

Payback period

4.2 years

Avg property value increase per year

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About the project

The Paradise Life project, implemented by Yıldız İnşaat in Bursa Ertuğrul, consists of 94 apartments in 3 blocks. In the project, 2 + 1 apartments are designed as 130 square meters, 3 + 1 apartments as 187 square meters, 4 + 1 apartments as 214 square meters. In the Paradise Life project, 75 percent of which is devoted to green areas, the ceiling height of the apartments will be 3 meters.

Paradise Life, a project inspired by nature itself as it preserves the modern spirit of Bursa, rises within walking distance of the Metro AVM and the rail system. In Paradise Life, which draws attention with its wide social areas, first-class materials are used in the apartments.