Gulmahal Mimaroba in Istanbul

Name: Sales in Gulmahal Mimaroba started!
Start: 2020-02-14T11:47:24.507835+00:00
End: 2023-12-31T23:59:59+0000
Location: Gulmahal Mimaroba

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Project info

Object ID: 5036

Finished at	December 2020
Price, m²	From 800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 115.00 m²
Floors	3
Apartments	78
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near supermarket
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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

92,000$

Net profit

9,376$

Payback period

7.8 years

Avg property value increase per year

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About the project

The Gülmahal Mimaroba project in Istanbul has become the new project of Gül İnşaat, which has accomplished successful projects in the construction industry for many years. The project, the delivery date of which is the fourth quarter of 2020, contains 78 residential flats in total. In addition, there are commercial units in the form of shops in the project. The privileges offered to the residents of the project include indoor and outdoor parking, landscaping with various flowers, playgrounds for children and playground, fitness room, hammam and security with camera. Thanks to the shops of the project, residents can enjoy places such as cafes, restaurants and markets at the bottom of their homes.

The Gülmahal Mimaroba project, located in the Mimaroba neighborhood of Istanbul's Büyükçekmece district, is both located in the metropolitan area and away from the crowd and noise of the city. Transportation from the project location to the central locations may take longer, but the project is also in a peaceful location close to the Büyükçekmece bay. From the project location, it is possible to reach the E-5 highway in 15 minutes and the metrobus station in 30 minutes.

The Gülmahal Mimaroba project, designed with modern lines, exhibits extremely modern elements in both interior and exterior architecture. The project, which attaches great importance to indoor lighting, has LED lights in various parts of the house, such as suspended ceiling lighting, spot lights and the top of kitchen cabinets. The project, which creates spacious areas with floor glass in the living rooms and bedrooms, also makes the most of the view.

There are 2 + 1 and 3 + 1 apartments in the Gülmahal Mimaroba project. The gross areas of the apartments vary between 115 square meters and 130 square meters, while the gross areas range from 96 square meters to 108 square meters. The apartments have an en-suite bathroom and a balcony. In some apartments, the kitchen is designed as an American type.

The areas of the shops included in the project vary between 36 square meters and 77 square meters. Thanks to the advantages it offers to its residents, its own shops and its rapidly developing location, the Gülmahal Mimaroba project is also the address of investors.

Developer

Since 1980 Gul Insaat, producing not only in Turkey as part of the sector, an approach that adds value to the country will continue to walk…
Details about Gül İnşaat