Sehir Konaklari in Istanbul

Name: Sales in Sehir Konaklari started!
Start: 2020-02-14T07:54:18.098430+00:00
End: 2023-12-31T23:59:59+0000
Location: Sehir Konaklari

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Project info

Object ID: 5014

Finished at	September 2020
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 62.00 m²
Floors	13
Apartments	208
Condition	Black walls
Ceiling height	3.00 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground Near supermarket Nearby subway stations Necip/Fazıl 8 min Dudullu 16 min Çekmeköy 16 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

93,000$

Net profit

7,813$

Payback period

9.2 years

Avg property value increase per year

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About the project

The Istanbul-based City Mansions project is run by Sur Yapı, one of the most established companies in the construction industry. So far, Lavender, Muhidin, District Bahçekent and signature projects such as Tempo City Walls Buildings, Turkey has already completed a qualified construction in almost every city. Şehir Konakları aims to create a peaceful living space in the city center as a project that appeals to the middle-upper and upper income groups. The project at Kanuni Sokak in Ümraniye covers an area of 13.000 m2 and consists of 208 residences. The City Mansions project, which consists of 4 blocks built in apartment type, also includes many social facilities and green areas.

Şehir Konakları is located very close to Çekmeköy and Necip Fazıl metro stations. Due to the fact that it is located at the bottom of the Şile highway, it is possible to reach all parts of Istanbul by car. As a matter of fact, you can reach Altunizade within 10 minutes via the Northern Marmara - TEM highway. There is no shopping center within the project, but this is not a disadvantage: 200 meters away, Metro Garden Shopping Center (also built by Sur Yapı). Social facilities that residents can use; It consists of walking paths, sports facilities, children's playgrounds, ornamental pools, tennis court, swimming pool and outdoor exercise areas. In addition, green areas such as Fragrance Field / Arched Garden and cafes / restaurants are also included in the project.

In the City Mansions project, 4 different flat options are offered. If we list them:

1 + 1 (62 m2)

2 + 1 (128 m2)

3 + 1 (186 m2)

4 + 1 (269 m2)

Let's not go without saying that the duplex option is offered in a 4 + 1 flat plan.

Developer

Since we started our activities in 1992, we have successfully realized many prestigious projects and gained a pioneer identity in the sector…
Details about Sur Yapı