Neo Park Bolluca in Istanbul

Name: Sales in Neo Park Bolluca started!
Start: 2020-03-09T08:03:02.617813+00:00
End: 2023-12-31T23:59:59+0000
Location: Neo Park Bolluca

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Project info

Object ID: 5634

Finished at	August 2019
Price, m²	From 1600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 153.00 m²
Floors	2
Apartments	20
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Pool Kids playground
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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

244,800$

Net profit

9,376$

Payback period

20.8 years

Avg property value increase per year

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About the project

The Neo Park Bolluca project, implemented by Neo Yapı in Arnavutköy Bolluca Village, consists of 20 rows of houses. All houses in the project are designed as 3 + 1 type and duplex. Apartments in Neo Park Bolluca have a size of 153 to 171 square meters. The garden of the houses varies between 150 and 270 square meters.

Neo Yapı continues to invest in the north of Istanbul. Neo Gölpark started a new project called Neo Park Bolluca in the same region after Neo Bolluca projects. The project, which was put up for sale in August 2017, attracted great attention as soon as it was released. The sale of the last residences continues in Neo Park Bolluca. In the project consisting of only 20 houses, the flats are 3 + 1 duplex. Each house has its own garden and terrace.

Neo Park Bolluca is very close to the 3rd Airport, North Marmara Highway Road, Kanal Istanbul, high speed train and new metro projects. High quality and new generation materials were used in the project, which was built with an architectural design approach that will take advantage of all the advantages of technology.