Malatya Life Residence in Malatya

Name: Malatya Life Residence
Brand: Malatya Girişim Grubu
SKU: 6425
Availability: InStock

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Project info

Object ID: 6425

Finished at	February 2020
Price, m²	From 570$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 112.00 m²
Floors	18
Apartments	254
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground
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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

63,840$

Net profit

9,376$

Payback period

5.4 years

Avg property value increase per year

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About the project

Malatya Life Residence project, which will be among the remarkable projects of Malatya by the Malatya Enterprise Group, is rising on an area of 30 thousand square meters. Malatya Life Residence project includes 254 residences. The project includes housing options that differ from 2 + 1 to 5 + 2. In the Malatya Life Residence project, the apartments are designed to vary between 112 square meters and 385 square meters.