Blue Point in Mudanya

Name: Sales in Blue Point started!
Start: 2020-03-16T11:39:40.813243+00:00
End: 2023-12-31T23:59:59+0000
Location: Blue Point

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Project info

Object ID: 5851

Finished at	January 2018
Price, m²	From 500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 110.00 m²
Floors	4
Apartments	80
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Pool Kids playground Near school Near kindergarten 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

55,000$

Net profit

9,376$

Payback period

4.7 years

Avg property value increase per year

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About the project

The Blue Point project is implemented in Beyaz Kayalar, one of the favorite places in Bursa. The project is built on 10,500 square meters of land. There are a total of 80 apartments in the Blue Point project. In the Blue Point project, 3 + 1 flats are designed as 110 square meters net and 5 + 1 duplex flats as 220 square meters. In the Blue Point project, garden floor apartments are of 3 + 1 types. The project includes a semi-olympic swimming pool, parking garage and camellia.

While the Blue Point project is planned to be delivered in February 2018, it is expected to provide its buyer with a premium of over 50 percent upon completion.

Developer

Mett Yapı Sanayi ve Ticaret Limited Şirketi, which was established with the combination of numerous factories, housing constructions and agr…
Details about Mett Yapı