Algun West Side in Duzce

Name: Sales in Algun West Side started!
Start: 2020-02-21T11:35:07.962317+00:00
End: 2023-12-31T23:59:59+0000
Location: Algun West Side

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Property for sale in Algun West Side — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 5222

Finished at	December 2020
Price, m²	From 300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	5
Apartments	430
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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

16,500$

Net profit

7,229$

Payback period

1.7 years

Avg property value increase per year

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Promos and discounts for Algun West Side

About the project

One of the projects that renew the face of Düzce, 'Algün West Side' is rising rapidly on Hilmi Sönmez Caddesi. The project, implemented by Algün Construction, consists of 430 apartments in five-storey blocks. The project, which is expected to be completed in 2020, includes apartments of type 1 + 1, 2 + 1 and 3 + 1. The sizes of 1 + 1 flats in the project are measured as 55 square meters, the sizes of 2 + 1 flats are 80 square meters and the sizes of 3 + 1 flats are measured as 123 square meters.

Launched as the most comprehensive project in the region, Algün West Side stands out as a breathing life project with its shops and bazaar on the street, flats with terrace gardens and its structure integrated with nature. In the project where comfort, technology and security will be provided at the maximum level, first-class material workmanship quality is also prominent.

Drawing attention with its social facilities, the outdoor swimming pool, children's swimming pool, children's playgrounds, basketball court, volleyball court and walking track constitute the social facilities waiting for the hosts. The security of the project, which will prevent the parking problem with both indoor and outdoor parking lots, will be entrusted to the 24/7 camera system and security team.

Developer

Nişa Yapı, which started its activities in 1995 under the brand of ALGÜN; construction, retailing, jewelry and various investment areas. In…
Details about Algün İnşaat