Elysium Tece in Mersin

Name: Sales in Elysium Tece started!
Start: 2020-04-02T12:54:09.680797+00:00
End: 2023-12-31T23:59:59+0000
Location: Elysium Tece

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Project info

Object ID: 6396

Finished at	March 2018
Price, m²	From 300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 113.00 m²
Floors	11
Apartments	40
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Spa Fitness Pool
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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

33,900$

Net profit

9,376$

Payback period

2.9 years

Avg property value increase per year

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About the project

The Elysium Tece project, which was implemented by Merger Group in Mersin Mezitli in Tece, is being built on 1,700 square meters. The Elysium Tece project consists of 2 blocks of 12 floors. The project includes 40 apartments. In the Elysium Tece project, the apartments are designed as 2 + 1 and 4 + 1 duplexes. The 2 + 1 flats in the project are 113 square meters and the 4 + 1 duplex flats are 200 square meters.

Elysium Tece project includes swimming pool, fitness center, mini basketball court, camellia, sports equipment as social equipment. The duplex apartments in the project include a sauna. Houses are supported by natural gas system and central air conditioning system.