Olcay Doruk Kent in Esenyurt

Name: Olcay Doruk Kent
Brand: Olcaylar Group İnşaat
SKU: 6203
Availability: InStock

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Project info

Object ID: 6203

Finished at	March 2018
Price, m²	From 420$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	6
Apartments	200
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

32,760$

Net profit

8,283$

Payback period

3.1 years

Avg property value increase per year

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About the project

The Olcay Doruk Kent project, which rises in Esenyurt, one of the fastest developing residential areas of Istanbul, is located in Kıraç region. The project, which consists of 65 percent 2 + 1 apartments, also includes commercial units. Olcay Doruk Kent is being built right in the middle of industrial facilities, city parks, health centers, university campuses, schools and shopping centers.