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The Sea Pearl in Istanbul

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Project info

Object ID: 23909

Finished at	September 2020
Price, m²	From 6780$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 88.00 m²
Floors	21
Condition	Turnkey
Construction type	Monolyth
Security	Security Reception
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Ataköy 17 min Şirinevler 18 min Yeşilyurt 20 min
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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

596,640$

Net profit

9,376$

Payback period

50.8 years

Avg property value increase per year

6%

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About the project

Developer

Details about Kuzu Grup

Hotline

+1 855 588 8066

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The Sea Pearl on the map of Istanbul

Ataköy 2-5-6., Rauf Orbay Cd. 2/1, 34158 Bakırköy/İstanbul

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