Algun Concept in Duzce

Name: Sales in Algun Concept started!
Start: 2020-03-17T11:41:43.975888+00:00
End: 2023-12-31T23:59:59+0000
Location: Algun Concept

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Project info

Object ID: 5897

Finished at	June 2019
Price, m²	From 300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 95.00 m²
Floors	3
Apartments	67
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near school 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

28,500$

Net profit

9,376$

Payback period

2.4 years

Avg property value increase per year

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About the project

Located in a region close to transportation locations in Düzce, Algün Concept;

New Hospital, Melen Water Park, Police Department, Marketplace as well as many important points of the city, within walking distance of the mall and the city center.

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