Star Residence in Corlu

Name: Sales in Star Residence started!
Start: 2020-03-31T11:46:06.292612+00:00
End: 2023-12-31T23:59:59+0000
Location: Star Residence

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Project info

Object ID: 6302

Finished at	February 2018
Price, m²	From 350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 185.00 m²
Floors	11
Apartments	134
Building phase	Completed
Condition	Black walls
Ceiling height	2.90 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool 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

64,750$

Net profit

9,376$

Payback period

5.5 years

Avg property value increase per year

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About the project

Star Residence, established on 12.672 m² of land, 65% recreation (landscape) area with 35% building session; The social facilities in it consist of 134 flats and 19 workplaces with living options designed for the whole family, ranging from 185 m² to 432 m², ranging from 2 + 1 to 4 + 1. This project is offered to our valued customers. Star Residence, which makes a difference with its location, also offers privileges with its location in Emlak Konut, the new settlement center of Çorlu, which provides easy transportation, especially airports, schools and hospitals.

An excellent living center with a 3.20 m floor height (net 2.90) that will meet all your expectations and where you can benefit from all residence services; Where Your Dreams Come True.