Nidapark İstinye in Istanbul

Name: Sales in Nidapark İstinye started!
Start: 2020-02-17T10:13:42.920038+00:00
End: 2023-12-31T23:59:59+0000
Location: Nidapark İstinye

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Project info

Object ID: 5061

Finished at	January 2021
Price, m²	From 4800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	5
Apartments	538
Condition	Black walls
Ceiling height	2.70 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations Atatürk Oto Sanayi 17 min İ.T.Ü.—Ayazağa 20 min
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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

432,000$

Net profit

9,376$

Payback period

36.8 years

Avg property value increase per year

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About the project

The Nidapark project, which Tahincioğlu Gayrimenkul has put forward as a brand, comes to life in İstinye this time. This project in Istinye consists of 3 different stages. The project, which consists of 24 blocks with Valley, Panorama and Protect stages, includes 202 independent sections and areas.

Nidapark İstinye Koru stage has 12 blocks and 134 independent areas. In the valley stage, there are 19 blocks and 202 independent areas. The blocks are generally designed with a garden and four or five floors. Tahincioğlu generally designed five different types of apartments, 2 + 1, 3 + 1, 2.5 + 1, 3.5 + 1 and 4.5 + 1. Each flat has en-suite bathroom and built-in, central heating, terrace, balcony and dressing room. The project, which is a candidate to be one of the smallest projects in this region, also varies between 90 square meters and 663 square meters of apartments.

For those who want to own a house in the project, maturity can be made with a zero interest rate of 84 months initiated by Emlak Konut GYO. Thus, favorable payment terms are offered.

Foreign companies have designed the Nidapark İstinye project. SB Architects designed exterior and interior spaces and also designed the architecture of KY Architecture. In addition, the project has been nominated for the LEED certification. The project is regarded as one of the most prestigious projects in this respect.

The project has an outdoor swimming pool, indoor swimming pool, fitness centers for adults, sauna, Turkish bath options. Gardens and playgrounds for children and swimming pool are also available. In addition, needs such as market, cafe, cinema and security and hairdresser were also considered within the project. Another feature of the project is that the apartments have a sea view and the walking tracks are structured in a different area.