Folkart Ilica cesme in Cesme

Name: Sales in Folkart Ilica cesme started!
Start: 2020-02-25T10:31:22.693075+00:00
End: 2023-12-31T23:59:59+0000
Location: Folkart Ilica cesme

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Project info

Object ID: 5287

Finished at	June 2018
Price, m²	From 2330$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 220.00 m²
Floors	2
Apartments	32
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Pool Kids playground
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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

512,600$

Net profit

9,376$

Payback period

43.6 years

Avg property value increase per year

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About the project

The Folkart Ilıca Çeşme project rising in the Ilıca region of Çeşme consists of 32 twin villas. All of the villas in the project are designed as triplex and 4 room and 1 living room type. The size of the villas is 239 to 250 gross, 132 to 157 square meters net. The villas have 4 bathrooms, 4 bedrooms, a cellar and 3 cellars.

Folkart Yapı focused on its projects in Çeşme in the summer of 2017. After the Folkart Blue Çeşme, Folkart Hills Çeşme, Folkart Ardıç Çeşme projects, the company took action for the Folkart Ilıca Çeşme project. Sales started in the project. Folkart Ilıca Çeşme project, located at the back of the Radisson Blue Resort & SPA Hotel, is located within walking distance to the sea. The most beautiful form of luxury was reflected in every square meter of the villas in the Folkart Ilıca Çeşme project, designed with a new generation architectural approach. Folkart Ilıca Çeşme project will be one of the most privileged villa projects in the region.

Developer

Established in 2006 by Saya Group, Folkart Yapı is committed to satisfying its customers by providing comfort and luxury in the form of excl…
Details about Folkart Yapı