Modda Suites in Izmir

Name: Modda Suites
Brand: Ontan İnşaat
SKU: 5321
Availability: InStock

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Project info

Object ID: 5321

Finished at	September 2019
Price, m²	100000$ — 170000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.00 m²
Floors	7
Apartments	72
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking 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

10,000,000$

Net profit

9,376$

Payback period

850.7 years

Avg property value increase per year

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About the project

Modda Suites project is being built by Ontan İnşaat in İzmir Bayraklı Mansuroğlu Neighborhood as a single block. There are 72 residences in the project. Consisting of 2 + 1 and 3 + 1 apartment types, in Modda Suites, the square meter areas of the apartments vary between 44 m2 and 200 m2. In Modda Suites project, 24/7 security, security with camera, outdoor car park, indoor car park, outdoor swimming pool, children's pool, fitness center, gymnasium, concierge, valet, laundry, house cleaning, dry cleaning, reception, private landscaping.

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Developer

It is our mission to develop and implement projects that are beneficial for the society, or to be involved, on the path of the vision of bec…
Details about Ontan İnşaat