3 İstanbul Grand Rezidans in Basaksehir

Name: Sales in 3 İstanbul Grand Rezidans started!
Start: 2020-03-25T11:39:00.907351+00:00
End: 2023-12-31T23:59:59+0000
Location: 3 İstanbul Grand Rezidans

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Project info

Object ID: 6133

Finished at	December 2019
Price, m²	From 830$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 76.00 m²
Floors	8
Apartments	140
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

63,080$

Net profit

8,283$

Payback period

5.9 years

Avg property value increase per year

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About the project

The 3rd Istanbul project, which is signed by Al Zamil, Seha Yapı, Adesa and Fuzul Group, and has the signature of ASAF Business Partnership, consists of 3 stages. The new stage called Grand Residence consists of 140 apartments. There are 86 1 + 1 and 54 2 + 1 apartments in the project. The areas of the apartments vary between 76 and 252 square meters. The terrace areas of the apartments with large terraces go up to 100 square meters.

The new stage, which is the biggest project of Başakşehir, goes on sale under the name of Grand Residence in 3. Istanbul. The 3rd Istanbul project, which set out with the slogan "Another Istanbul", attracted great interest from investors. The number of applications in the 3rd Istanbul project, which started the pre-request process at the end of October, reached 12 thousand. On November 26, the sales office of the project was opened. 5,000 people visited the sales office on November 26-27

Developer

ASAF Business Partnership, which was established in partnership with Alzamil Gayrimenkul, Seha Yapı, Adese Shopping Centers and Fuzul Yapı, …
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