Neo Trend in Mudanya

Name: Sales in Neo Trend started!
Start: 2020-02-26T11:55:21.950962+00:00
End: 2023-12-31T23:59:59+0000
Location: Neo Trend

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Project info

Object ID: 5340

Finished at	April 2018
Price, m²	From 400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	7
Apartments	70
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

22,000$

Net profit

7,229$

Payback period

2.3 years

Avg property value increase per year

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About the project

The Neo Trend project, built by Tugay İnşaat, consists of 70 apartments in two blocks. The project, which is built on an area of 2 decares, includes 1 + 1, 2 + 1 and 2 + 1 roof duplex apartments. In the Neo Trend project, 1 + 1 apartments are between 55 and 62.5 square meters, 2 + 1 apartments are between 85.5 and 90 square meters, and 2 + 1 roof duplexes are between 108 and 117 square meters.

Neo Trend, realized in Bursa's developing region Güzelyalı, draws attention with its boutique concept. In the project where many different qualities are presented together, 1 + 1 and 2 + 1 flats were included. The Neo Trend project, which has nature and sea views, rises in an area where investors show great interest. The need for rent apartments in Güzelyalı area is increasing day by day

Developer

TUGAY CONSTRUCTION Tugay İnşaat, which was founded in Bursa in 1994 and started its activities, was born in Artvin Yusufeli in 1971, but is…
Details about Tugay İnşaat