Folkart Ilica Cesme in Cesme

Name: Sales in Folkart Ilica Cesme started!
Start: 2020-04-02T08:04:58.699668+00:00
End: 2023-12-31T23:59:59+0000
Location: Folkart Ilica Cesme

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Construction

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Project info

Object ID: 6359

Finished at	June 2018
Price, m²	From 2255$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Villa
Square	from 215.00 m²
Floors	2
Apartments	32
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness 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

484,825$

Net profit

9,376$

Payback period

41.2 years

Avg property value increase per year

Open ROI calculator

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About the project

Folkart Ilıca Villa is a unique interpretation of villa life to Folkart. Consisting of 32 twin villas within walking distance to the sea, this life was designed with a new generation architectural approach and the most beautiful form of luxury was reflected in every square meter of your villa. Folkart Ilıca Villa is the most privileged villa project of Çeşme with its 2 outdoor swimming pools, large rooms and magnificent view.

Project Features:

Swimming pool

Fitness Center

Parking Garage

Sports fields

Social Areas

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