Mudanya Saraylar in Mudanya

Name: Sales in Mudanya Saraylar started!
Start: 2020-03-02T11:07:58.184058+00:00
End: 2023-12-31T23:59:59+0000
Location: Mudanya Saraylar

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Project info

Object ID: 5461

Finished at	February 2019
Price, m²	From 1460$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 165.00 m²
Floors	5
Apartments	36
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
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

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

240,900$

Net profit

9,376$

Payback period

20.5 years

Avg property value increase per year

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About the project

There are 36 private flats in the Mudanya Palaces project, which Birel Construction has built on 4 thousand 775 square meters of land in Bursa Mudanya. In the project, which is appreciated with its different architecture, 2 + 1 apartments are 165 square meters net, 3 + 1 apartments are 183 square meters net, and 4 + 2 duplex apartments are 341 square meters. The size of the balconies starts at 20 square meters in Mudanya Saraylar.

Mudanya Palaces, which is the first palace concept project of Bursa, is being realized on the beach of Mudanya. Apart from a simple construction project, Mudanya Saraylar project aims to be a cultural mission, a symbolic cultural bridge between Istanbul and Bursa. In the project, 2 + 1 flats were named Spacious Sofa, 3 + 1 flats were called Charming Revan, and 4 + 2 duplexes were named Şaheser Havuzlu Köşk.

Developer

Birel İnşaat, whose foundations were laid in Bursa by Nejdet Ilk in 1972, has adopted the principle of producing quality living spaces and m…
Details about Birel İnşaat