Sultan 5299 in Istanbul

Name: Sales in Sultan 5299 started!
Start: 2020-03-26T12:13:06.622989+00:00
End: 2023-12-31T23:59:59+0000
Location: Sultan 5299

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Project info

Object ID: 6181

Finished at	July 2019
Price, m²	From 1340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	12
Apartments	100
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Seyrantepe 10 min Sanayi Mahallesi 14 min 4. Levent 18 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

60,300$

Net profit

6,783$

Payback period

6.7 years

Avg property value increase per year

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About the project

Rising in Kağıthane, one of the new living centers of Istanbul, Sultan 5299 project combines quality and elegance. Centrally located, the project is 300 meters from the metro, next to TEM and E-5 connection roads. In the Sultan 5299 project, which was developed in accordance with the high quality residence life, the deeds are delivered immediately.

The Sultan 5299 project, which is close to Maslak and Levent, where international financial and business circles are concentrated, is being built 1 kilometer to the 4th LEvent metro, 1 kilometer to Axis AVM and 2 kilometers to Vadistanbul. It will be possible to enjoy a barbecue on the viewing terrace in the common area of the project.