New Elit in Kirikkale

Name: Sales in New Elit started!
Start: 2020-03-24T07:24:45.937335+00:00
End: 2023-12-31T23:59:59+0000
Location: New Elit

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Project info

Object ID: 6056

Finished at	October 2018
Price, m²	From 230$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 205.00 m²
Floors	15
Apartments	120
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

47,150$

Net profit

9,376$

Payback period

4.0 years

Avg property value increase per year

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About the project

The Newelit site has 15 floors on 4 flats and a total of 120 luxury flats will be located in each block, 60 of which are A and B blocks.

The apartments are 205 square meters gross 160 square meters net size.

The buildings will have double elevators.

The stair railing will be aluminum.

There will be a fire cabinet.

There will be a mailbox and bulletin board.

The roof of the buildings will be made in accordance with the project.

Thermal insulation and jacketing will be made on the exterior and roof.

Newkonfor and Newelit site construction will start in September 2016 and will be completed in September - October 2018.

Developer

Utkum Yapı, which was founded in 2000 under the name of Utku İnşaat, has been operating in the real estate sector for approximately 18 years…
Details about Utkum Yapı Gayrimenkul İnşaat