Deluxia Park Residence in Istanbul

Name: Sales in Deluxia Park Residence started!
Start: 2020-02-14T10:37:51.521078+00:00
End: 2023-12-31T23:59:59+0000
Location: Deluxia Park Residence

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Project info

Object ID: 5027

Finished at	June 2020
Price, m²	From 1730$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	35
Apartments	364
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground Near supermarket Nearby subway stations Esenkent 3 min Hastane/Adliye 13 min Gülsuyu 16 min Cevizli 17 min Atalar 19 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

74,390$

Net profit

6,783$

Payback period

8.2 years

Avg property value increase per year

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About the project

Istanbul-based Deluxia Park Residence project is run by Teknik İnşaat, one of the most experienced companies in the construction industry. The projects completed by Teknik İnşaat, which was established in 1974, cover an area of more than 6 million square meters and include qualified works such as Suadiye Beach, Concord Istanbul, Evora Istanbul and Deluxia Dragos. Deluxia Park Residence has a residence project addressing the middle-high income group and another sister project with the same name but referred to as "Business". The land area of the project, located in the Ceviz Yolu District of Maltepe, consists of 7,157 square meters and 364 residences in total.

Deluxia Park Residence project has 3 tower-type blocks and 35 floors of the towers that will be used for residence purposes. The other blocks are 6 floors and reserved for office use. The project is very close to the D-100 highway and Esenkent metro station, and it is possible to reach it within 5 minutes on foot. Due to its proximity to many connection roads, there are many options both in urban and out-of-town transportation. Maltepe Park AVM is also within walking distance of the project. Being close to a shopping center that adds value to the region is also a plus for those who are considering buying an investment house. Thanks to its central location, it is possible to reach many other shopping centers, schools and hospitals easily. Project residents can benefit from the outdoor swimming pool, Turkish Bath, sauna, cafeteria and fitness center facilities and indoor parking - 24-hour security services.

We can list the apartment options in the Deluxia Park Residence project as follows:

• 1 + 1 (6 different flat plans, maximum 43.33 square meters of net usage area)

• 2 + 1 (total 2 different flat plans, maximum net usage area of 56.81 square meters)

• 3 + 1 (3 different flat plans, maximum usable area of 82.57 square meters)

Developer

The step Nazmi Durbakayım took on his own as a young engineer in 1974 in the construction world was also the beginning of today’s TEKNİK YAP…
Details about Teknik Yapı