Gulmahal Kagıthane in Istanbul

Name: Sales in Gulmahal Kagıthane started!
Start: 2020-02-14T12:23:39.663326+00:00
End: 2023-12-31T23:59:59+0000
Location: Gulmahal Kagıthane

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Property for sale in Gulmahal Kagıthane — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 5038

Finished at	December 2020
Price, m²	From 1210$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	14
Apartments	114
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near supermarket Nearby subway stations Çağlayan 15 min Kağıthane 18 min Mecidiyeköy 19 min Şişli 19 min Seyrantepe 19 min 4. Levent 20 min Sanayi Mahallesi 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

64,130$

Net profit

7,229$

Payback period

6.8 years

Avg property value increase per year

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About the project

Kağıthane, one of the valuable business and life centers of the European Side, is getting ready to meet a new housing project. Life begins at the end of 2020 in ‘Gülmahal Kağıthane, which is signed by Gül İnşaat. The project, which consists of a 20-storey single block built on an area of 850 square meters, has 114 apartments in total. The project, which consists of 1 + 1 and 2 + 1 residences, does not have large apartment types. The sizes of the houses in the project are designed to vary from 43 square meters to 118 square meters. In the Gülmahal Kağıthane project, 1 + 1 flats are offered in 3 types, ranging from 43 to 53 square meters, and 2 + 1 flats in 4 types, ranging from 65 square meters to 118 square meters. Buyers who want to have larger residences from the project can live in larger 2 + 1 or 3 + 1 apartments by combining apartments if they wish.

Comfort, technology and security are meticulously created in Gülmahal Kağıthane, which attracts attention with its single block high and modern architectural style. In the project, which will be protected with a 24/7 camera system and security team, parking problem is planned to be solved with closed parking areas. Thus, when the project is completed, it is aimed for residents of all ages to live a safe and joyful life.

Standing out as a boutique project, Gülmahal Kağıthane does not have many options as social reinforcement. With its central location, the project offers the advantage of easy access to business and life centers, educational and health institutions, shopping centers and eating and drinking venues. The project, which is also close to the main roads, metro, metrobus connections and other public transportation facilities, offers a lively life in the center of the city.

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