The Vaat Express in Istanbul

Name: The Vaat Express
Brand: VAAT Group
SKU: 23942
Availability: InStock

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Project info

Object ID: 23942

Finished at	December 2023
Price, m²	From 2440$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	14
Condition	Turnkey
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations İSTOÇ 16 min İkitelli Sanayi 17 min Mahmutbey 18 min
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

183,000$

Net profit

8,283$

Payback period

17.3 years

Avg property value increase per year

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About the project

The Vaat Express rising in Bagcilar, Istanbul, is a brand new residential concept project, in the modern real estate market of Turkey. The architectural designs and layouts of these properties represent the innovative construction standards that offer luxury and comfort elements to the project residents. The location of the compound in Gunesli-Mahmutbey, near major transportation channels and social amenities, provides practical accessibility to those facilities and ensures that homebuyers can fulfill their needs easily. The previously mentioned qualities make this project a great investment opportunity that guarantees profitable long-term profits.

The project comprises modern residential units, developed to ensure the creation of comfortable and practical spaces, that respond to all needs, and receive adequate daily sun exposure. The available units are 1+1 and 2+1 flats of attractive architecture. The properties also have stylish bathrooms, kitchen areas, and private balconies where you can enjoy the captivating city views, and sunshine.

The Vaat Express is built by a VAAT Group, one of the reputed names in the current Turkish market. The execution procedures of the project started in 2022. VAAT Group also constructed other projects in Turkey like Misal Trabzon, New Trabzon, and Ince Prime in Trabzon. Moreover, the company is planning to start new projects in Istanbul soon.