For You Suite in Izmir

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Start: 2020-04-02T12:21:32.303819+00:00
End: 2023-12-31T23:59:59+0000
Location: For You Suite

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Project info

Object ID: 6391

Finished at	June 2018
Price, m²	From 800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	7
Apartments	325
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

52,000$

Net profit

7,813$

Payback period

5.1 years

Avg property value increase per year

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About the project

Starting out with the slogan "For young people, those who feel young", For You Suite project is being implemented to meet the needs of 1 + 1 housing in İzmir Çiğli region. The project, which consists of 1 room and 1 living room flats, was designed in a hotel concept. Developed for investors, For You Suite is able to meet all the needs of university students looking for a rental house. Katal İnşaat has signed Golden Suite and Studio 35 projects in the region where the For You Suite project is located. Due to the intense interest of these projects, the For You Suite project was launched.

The For You Suite project, built by Katal İnşaat and Murat Gökçekaya Jewelery, consists of 325 houses in three blocks. The project, which consists of 1 room and 1 living room apartments, includes two different sized apartments. The apartments are 65 and 75 square meters in size. In the For You Suite project, the apartments are delivered with a specially designed kitchen, built-in products, underfloor heating system, electric blinds system.