Arican Still in Mersin

Name: Sales in Arican Still started!
Start: 2020-03-06T08:54:08.943218+00:00
End: 2023-12-31T23:59:59+0000
Location: Arican Still

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Project info

Object ID: 5605

Finished at	December 2020
Price, m²	From 445$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 119.00 m²
Floors	13
Apartments	79
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking 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

52,955$

Net profit

9,376$

Payback period

4.5 years

Avg property value increase per year

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About the project

A stylish life will soon be on the 34th Street in Mersin with Arıcan quality!

A unique world with every detail perfectly planned by Arıcan İnşaat, which creates outstanding life concepts with the philosophy of human, life and nature, is established in the center of Mersin. With its unique architecture, central location and features that will add value to your life, Arıcan Still reflects the life styles of its residents to their living spaces. The apartments, which are equipped with high quality materials and fine pleasures, offer comfort beyond dreams; A healthy and pleasant life meets Mersin people with social facilities such as pool, sauna, kids club, gym and walking areas.

You can choose between 2 + 1 and 3 + 1 apartments to be a part of this elite world, you can have both a stylish life and a profitable investment.

Developer

ARICAN GROUP, with an understanding that designs the future; It works for a modern yet natural world where people can live their own culture…
Details about Arıcan İnşaat