Armada Residence in Trabzon

Name: Armada Residence
Brand: Trabus Yapı
SKU: 6212
Availability: InStock

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Project info

Object ID: 6212

Finished at	June 2018
Price, m²	From 1620$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 67.00 m²
Floors	12
Apartments	320
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Spa Fitness Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

108,540$

Net profit

7,813$

Payback period

10.7 years

Avg property value increase per year

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About the project

Armada Residence, built by Trabus Yapı, is being built on 2 building islands with a size of 25 thousand square meters and 5 thousand square meters. The project, consisting of 14 blocks with 12 floors, has 320 apartments. 1 + 1s 67 square meters, 2 + 1s 133 square meters, 3 + 1s 147 square meters, 3 + 1 garden apartments 117 square meters, 4 + 1s 149 square meters, 4 + 1s 179 square meters with study rooms 5 + 1's are 154 square meters, 5 + 1's 175 square meters with study rooms, garden duplex is designed as 323 square meters.