Nidapark Kucukyali in Istanbul

Name: Sales in Nidapark Kucukyali started!
Start: 2020-02-17T08:48:52.302742+00:00
End: 2023-12-31T23:59:59+0000
Location: Nidapark Kucukyali

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Project info

Object ID: 5059

Finished at	June 2020
Price, m²	From 1812$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	25
Apartments	1160
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations Küçükyalı 2 min İdealtepe 14 min Süreyya Plajı 20 min Maltepe 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

108,720$

Net profit

7,229$

Payback period

11.5 years

Avg property value increase per year

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About the project

Istanbul-based Nidapark Küçükyalı project is run by Tahincioğlu Gayrimenkul. one of Turkey's largest construction company, Tahincioglu, the area of the construction work completed so far exceeds 2 million square meters. Nidapark is used in multiple projects of the company as a brand and there are also projects carried out under the same name in Ataşehir, Kozyatağı, Göztepe, Bomonti, Levent and İstinye. The Küçükyalı part of the project is located at Çınar Mahallesi Rıfkı Tongsir Caddesi No: 113 Maltepe - Istanbul and covers an area of 68,785 m2. The project, which includes a total of 1,160 houses, aims to be a very large and individual living center. The Nidapark Küçükyalı project is expected to be completed in May 2023.

The project is still in the design phase and consists of 4 main towers, Burgaz, Heybeli, Kınalı, Sedef. It also includes apartment-type blocks that do not have a separate name. Nidapark Küçükyalı, right on the D-100 highway, is very advantageous in terms of transportation opportunities. Küçükyalı metro stop is within walking distance of the project. Thanks to the access to the highway, it is possible to reach all parts of Istanbul easily by car. Although there is no mall near them, this does not pose a disadvantage. Because the project includes a 350 meter long street and the entire street is reserved for commercial shops.

Project residents; walking and jogging paths, outdoor swimming pool, sun terraces, cafeteria, gymnasiums, 24/7 security and parking garage services. Nidapark Küçükyalı is a very large-scale project, so apartment options are quite a lot. Four different floor plans are offered: 1 + 1, 2 + 1, 3 + 1 and 4 + 1. However, the net usage areas of the apartments in each tower and / or block vary. In general, 4 + 1 apartments are 246.85 m2, 3 + 1 apartments are 169.58 m2, 2 + 1 apartments are 140.52 m2 and 1 + 1 apartments are 72.09 m2. Most of the apartments have a view of the Islands and are equipped with first class materials.