Residence İnn Deluxia in Istanbul

Name: 📣 300$ — discount certificate
Start: 2020-02-14T11:36:25.488402+00:00
End: 2023-12-31T23:59:59+0000
Location: Residence İnn Deluxia

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Project info

Object ID: 5035

Finished at	December 2021
Price, m²	From 1700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	16
Apartments	164
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool Kids playground
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

51,000$

Net profit

5,906$

Payback period

6.3 years

Avg property value increase per year

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About the project

The Star Garden project, which is one of the structures undertaken by the Technical Building, is located in Bahçeşehir on the European side of Istanbul. Located in a single 16-storey tower, the project consists of 34 different types and a total of 104 apartments. The project also has many social and cultural habitats.

The Star Garden project, which is among the Technical Building projects, also has the feature of being displayed at the Qatar Expo Fair. In the preliminary promotion, which included two other projects of Teknik Yapı, interest in the Yıldız Bahçe project, which managed to attract the interest of Qatari investors, was more than expected.

The Star Garden, which is planned to offer various social opportunities and a rich infrastructure for investors, is positioned as a neighbor with the Uphill Court project, another project of Teknik Yapı. The project, which is planned to have 24-hour security service and parking garage for the site features, also includes generator, hydrophore, elevator and water tank. Apart from these, the ground survey of the project, which uses quality and safe materials, has been made and designed in accordance with the earthquake and insulation regulations. Payment terms, land area and square meter intervals of apartments are not yet clear for the Star Garden project.

The project is located right next to the Uphill Court project. It is possible to reach the E-5 highway and Tem Highway in a few minutes from the project, which draws attention with its unique Bahçeşehir Gölet Park view and easy transportation opportunities. You can reach Akbatı Shopping Center in 7 minutes and Atatürk Airport in 20 minutes from the area where there are many alternatives such as buses and minibuses for those who want to reach the metrobus from Bahçeşehir, where public transportation is actively operating.

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