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Cinar Sitesi in Edirne

Name: Sales in Cinar Sitesi started!
Start: 2020-03-20T08:49:42.957461+00:00
End: 2023-12-31T23:59:59+0000
Location: Cinar Sitesi

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Project info

Object ID: 6016

Finished at	March 2019
Price, m²	From 400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 156.00 m²
Floors	4
Apartments	32
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten 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

62,400$

Net profit

9,376$

Payback period

5.3 years

Avg property value increase per year

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About the project

The exterior walls are covered with 25cm Ytong wall with thermal insulation and the outer column - beams are covered with 5 cm Ytong and A1 class fireproof material is used on the exterior.

Press brick and facade ceramic coating on the exterior

Under screed heat and sound insulation material application

Outside aluminum coated wooden exterior joinery

Smart Home System

-2nd. Access to the apartment with indoor parking and lift in the basement

Generator with the capacity to feed all apartments

Interior wood veneered doors

Acrylic kitchen cabinet, Çimstone kitchen counter

Recessed air conditioning system

Waterproofing under foundation and all curtain walls

4 8-person lifts

Developer

Recep Ali AKIN Construction was founded in 1978 under the name "AKIN Architecture Engineering" by Recep Ali AKIN to provide architectural pr…
Details about Recep Ali Akın İnşaat