Huzur Park in Istanbul

Name: Huzur Park
Brand: Akbulut Insaat
SKU: 4834
Availability: InStock

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Project info

Object ID: 4834

Finished at	September 2019
Price, m²	From 530$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 127.00 m²
Floors	9
Apartments	80
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Tavşantepe 15 min Pendik 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

67,310$

Net profit

9,376$

Payback period

5.7 years

Avg property value increase per year

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About the project

Akbulut İnşaat ve Seydioğlu Grup A.Ş. Huzur Park Pendik project, which is signed, is built on a plot of 3 thousand square meters. The project, which consists of two blocks, contains 80 apartments. The flats in the project are being built in 127 square meter 3 + 1, 213 square meter 5 + 1 duplex type. 2 thousand 150 square meters of the project, which is rich in social areas, is reserved for green areas.