Yalcintepe Residence in Istanbul

Name: Yalcintepe Residence
Brand: Yalçıntepe Residence
SKU: 23920
Availability: InStock

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Project info

Object ID: 23920

Finished at	April 2020
Price, m²	From 1160$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	25
Apartments	321
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	Security Reception
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

92,800$

Net profit

8,283$

Payback period

8.8 years

Avg property value increase per year

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About the project

The Yalcintepe Residence Project is established in Esenyurt, Istanbul. This district is constantly surging as one of the new living centers in the city, due to the numerous transformational projects launching in the area, and the social hubs rising day in and day out. This residence’s units represent the elements of luxury and privileged life in this valuable part of Istanbul. The modern architecture, top-quality interior designs, and in-site multi-propose facilities invite you to meet all your expectations in one place.

The project comprises (1+1) brand new apartments ranging in area from (80 – 86 m²). Those units have attractive interior designs that come with stylish bathrooms and kitchen areas.

The Yalcintepe Residence project is built by the Yalcintepe Group, and execution procedures started in January 2016. Yalcintepe Group also holds the property of other projects in Istanbul like the Maximoon Evleri