Sinpas Gokorman in Istanbul

Name: Sales in Sinpas Gokorman started!
Start: 2020-02-14T12:43:19.939460+00:00
End: 2023-12-31T23:59:59+0000
Location: Sinpas Gokorman

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Project info

Object ID: 5040

Finished at	September 2020
Price, m²	From 1150$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	29
Apartments	426
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Kids playground Nearby subway stations Dudullu 15 min İmam/Hatip Lisesi 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

86,250$

Net profit

8,283$

Payback period

8.1 years

Avg property value increase per year

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About the project

Sinpaş Gökorman, which is the 18th Project of Sinpaş REIT located on the Anatolian side, is looking at the Çekmeköy forest on one side, and on the other hand, it is at an easy point to reach everywhere on the Şile road.

Sinpaş Gökorman project has many features. One of them is the width of the project's forests and gardens. In this project, Sinpas REIT determined the theme as forest and sky. The aim of the company is to meet green with sky blue. Sinpaş Gökorman consists of two blocks. There are the same number of apartments in both blocks and there are 426 residences in total. Within the scope of the project, there are five different apartments: studio, 1 + 1, 2 + 1, 3 + 1, 4 + 1. In this project, one-room houses range from 48 to 57 square meters. 1 + 1 houses span 75 and 78 square meters, while 2 + 1 houses vary between 105 and 134 square meters. 3 + 1 residences, one of the most preferred apartments of the project, vary between 137 and 170 square meters. 4 + 1 apartments also vary between 185 and 192 square meters.

Gökorman project draws attention with its proximity to business centers, transportation centers and metro. On the other hand, being four minutes away from the metro makes the project more attractive.

Sinpaş considered all kinds of possibilities for the project. Gökorman project has facilities such as sauna, fitness center. There are also playgrounds and playgrounds for children. In addition, there are cafes and restaurants, hiking and biking trails and sports fields. The project also has forest and lake views. The project, which also has security, has a closed circuit security system.

Developer

Sinpaş GYO was established in 2007 for the purpose of realising the principles of corporate governance of Sinpaş, which has been rising on t…
Details about Sinpaş GYO