Torkam E5 in Istanbul

Name: Sales in Torkam E5 started!
Start: 2020-02-18T12:05:36.212427+00:00
End: 2023-12-31T23:59:59+0000
Location: Torkam E5

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Project info

Object ID: 5115

Finished at	December 2020
Price, m²	From 1320$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	3
Apartments	234
Condition	Black walls
Ceiling height	3.10 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Nearby subway stations Sefaköy 1 min Beşyol 5 min Cennet/Mahallesi 21 min
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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

69,960$

Net profit

7,229$

Payback period

7.4 years

Avg property value increase per year

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About the project

Sefaköy, one of the favorite living centers of the European Side, has been renewing its face in recent years with its branded housing and office projects. 'Torkam E5', one of the eye-catching projects of the region, continues to rise rapidly on Belediye Street. The Torkam E5 project, implemented by Torkam İnşaat and Nar Urban Partnership, is built on 20.776 square meters of land. It is named after the project, which is adjacent to E5, one of the most important transportation channels of Istanbul. Rising next to Ataturk Airport, Metrobus and Tramway, the project hosts 234 residences, 117 offices and 310 bazaar shops.

There are 1 + 1, 2 + 1 and 3 + 1 houses in Torkam E5, which have different types of housing. While 1 + 1 flats in the project start from 53 square meters, 2 + 1 flats start from 70 square meters, the usage areas of 3 + 1 flats are designed as 120 square meters. The usage area of 117 offices in the project varies between 80 square meters and 180 square meters.

A spacious and social life awaits the hosts in the project, which meticulously plans the comfort, technology and security elements sought in modern housing projects. In Torkam E5, which is considered as one of the most ambitious projects of the region in terms of social equipment, security is expected to be provided with 24/7 camera system and security team while removing the parking problem of the home and office owners.

It also triples its social facilities with its proximity to central districts such as Sefaköy, Bakırköy, Florya, Küçükçekmece, which are the central districts of the European Side. The project is at a very advantageous point in terms of food and beverage venues, shopping centers, education and health institutions, and is located in the middle of transportation alternatives.

Sefaköy, which has an important development graphic in both sale and rental housing prices, is at the focus of both domestic and foreign investors with the interest of modern housing projects. We can say that the project can be preferred for both purposes for those who want to become a house in the 2020 delivery Torkam E5 housing project where sales continue.

Developer

As orkam İnşaat, we have been operating in the Construction and Building sector for 28 years before our Chairman Mahmut Dereli. To date, th…
Details about Torkam İnşaat