Erenler Life 7 Locca in Sakarya

Name: Sales in Erenler Life 7 Locca started!
Start: 2020-03-23T12:57:35.439933+00:00
End: 2023-12-31T23:59:59+0000
Location: Erenler Life 7 Locca

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Project info

Object ID: 6052

Finished at	March 2019
Price, m²	From 325$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 129.00 m²
Floors	3
Apartments	48
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking 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

41,925$

Net profit

9,376$

Payback period

3.6 years

Avg property value increase per year

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About the project

As it is understood from the name of Erenler Life 7 Locca project, it was realized in Erenler district of Sakarya. The mentioned project was brought to life with the signature of Emta İnşaat.

Erenler Life 7 Locca project, which is waiting for its buyers ready for life, especially attracts the attention of buyers who do not want to wait. The project consists of three blocks in total.

Erenler Life 7 Locca project, consisting of three-storey blocks, was designed to have a capacity of 48 residences. The houses in the project have sizes varying between 129 square meters and 179 square meters.