Semt Yenikoy in Mersin

Name: Sales in Semt Yenikoy started!
Start: 2020-03-06T10:25:50.014084+00:00
End: 2023-12-31T23:59:59+0000
Location: Semt Yenikoy

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Project info

Object ID: 5610

Finished at	December 2019
Price, m²	From 900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 123.00 m²
Floors	23
Apartments	384
Building phase	Completed
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

110,700$

Net profit

9,376$

Payback period

9.4 years

Avg property value increase per year

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About the project

Semt Yeniköy provides all privileges of a pure district life at a location full of advantages in the center of Mersin. Semt Yeniköy, bringing a brand new breath to its environment with its architectural identity, provides considerable conveniences in basic dynamics of life such as shopping and transportation with advantages due to its location.

Semt Yeniköy, integrating in a district relation and opening doors again to the missed district life with house, office and commercial areas within adjacent neighboring islands, is your new house, new work place and also your new district.

1+1 and 2+1 offices are in Semt Ofis projects consisting of two different stages to carry your business life comfort to highest standards without leaving your district with 3+1 and 2+1 flat options with different size and types.

Commercial areas of Semt Yeniköy are being constructed at a special location with high business volume at the correct location for business life professionals according to the correct investment expectations.

Developer

Oktay construction has an important place in the Çukurova Region since 1963 as the contractor of prestigious buildings and projects. This l…
Details about Oktay İnşaat