Karsiyaka Green in Izmir

Name: Sales in Karsiyaka Green started!
Start: 2020-03-30T12:02:28.165465+00:00
End: 2023-12-31T23:59:59+0000
Location: Karsiyaka Green

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Project info

Object ID: 6263

Finished at	March 2020
Price, m²	From 770$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 m²
Floors	14
Apartments	68
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Commercial area 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

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

92,400$

Net profit

9,376$

Payback period

7.9 years

Avg property value increase per year

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About the project

Karşıyaka Green, which is brought to life in Karşıyaka, the pearl of İzmir, offers a privileged life with its modern architecture and green spaces. C-35 concrete class, S-420 steel class, high heat and sound insulation pumice bricks were used in the project implemented with raft foundation system. The apartments have a ceiling height of 3 meters. In Karşıyaka Green, sound insulation was provided by using rock wool between the double walls.

The project has an en-suite bathroom in all apartments. 3 + 1 apartments are delivered with dressing room and furniture. In addition to 2 air conditioners, 3 built-in sets, each apartment has a microwave and dishwasher, led ceiling. Vitra, Frankei Batıçim, Mitsubishi Electric, Grohe, Egepen, Kale, Türkarslan Steel Door brand products were used in the project. In Karsiyaka Green, the dues are expected to not exceed 200 TL. The project envisions 2 + 1 apartments to find tenants from 2,500 TL.

Karşıyaka Green project is 500 meters from the ring road, 500 meters from Deniz Baykal Cultural Center, 1 km from Medical Park Hospital, 4 kilometers from City Hospital and 9 kilometers from Ege University.