Florist Florya in Istanbul

Name: Sales in Florist Florya started!
Start: 2020-03-11T12:42:13.009883+00:00
End: 2023-12-31T23:59:59+0000
Location: Florist Florya

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Project info

Object ID: 5738

Finished at	August 2018
Price, m²	From 1180$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 114.00 m²
Floors	3
Apartments	12
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Akvaryum 5 min Florya 6 min Cennet/Mahallesi 17 min
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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

134,520$

Net profit

9,376$

Payback period

11.4 years

Avg property value increase per year

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About the project

Florist Florya project by Gül İnşaat is built on a plot of 2 thousand square meters. In the project consisting of 12 apartments in two blocks, 3 + 1 apartments are designed as 114 to 140 square meters, 4 + 1 apartments are 212 square meters, 6 + 2 duplexes are 393 square meters. In Florist Florya, 75 percent of which is allocated to the green area, flats are capable of meeting high standards.

Florist Florya, realized in Florya, one of the most popular districts of the European Side of Istanbul, stands out as a boutique project consisting of 12 apartments. Florist Florya, built as 2 blocks on Hatboyu Street, has 3 + 1, 4 + 1 and 6 + 2 duplex houses. 3 + 1 apartment rents in Florya starts from 2 thousand TL-2 thousand 500 TL. Florist project is generally preferred for session purposes.

Developer

Since 1980 Gul Insaat, producing not only in Turkey as part of the sector, an approach that adds value to the country will continue to walk…
Details about Gül İnşaat