Country Plus Cadde in Izmir

Name: Country Plus Cadde
Brand: FRH Yapı
SKU: 5377
Availability: InStock

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Project info

Object ID: 5377

Finished at	August 2020
Price, m²	From 530$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 52.00 m²
Floors	3
Apartments	270
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness 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

27,560$

Net profit

7,229$

Payback period

2.9 years

Avg property value increase per year

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About the project

Country Plus Street project, which is signed by FRH Yapı and Sertürk, consists of 270 apartments and 50 shops in 9 blocks. There are 30 apartments in each block. Apartments in the project have a gross size of 52 and a net size of 46 square meters. These apartments are planned as 1 + 1 or 2 + 0 according to the desire. The shops within the scope of the project were designed as 75 square meters, plus shops as 131 square meters and maxi shops as 355 square meters.