Algun Modern in Duzce

Name: Sales in Algun Modern started!
Start: 2020-02-21T12:30:56.552526+00:00
End: 2023-12-31T23:59:59+0000
Location: Algun Modern

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Property for sale in Algun Modern — look at the real estate search engine GEOLN.COM. Photo 6

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Project info

Object ID: 5229

Finished at	March 2020
Price, m²	From 300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	4
Apartments	150
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking 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

27,000$

Net profit

9,376$

Payback period

2.3 years

Avg property value increase per year

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About the project

Algün Construction, which has always been building happy living spaces, is now coming to Cumhuriyet Mahallesi.

It offers the Algün Modern project to your liking with its modern and ambitious architecture, spacious and distinguished houses designed and businesses that will meet every need without disturbing the beauty of the neighborhood culture.

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