Nevtepe Konutlari in Istanbul

Name: Sales in Nevtepe Konutlari started!
Start: 2020-02-17T13:09:56.807309+00:00
End: 2023-12-31T23:59:59+0000
Location: Nevtepe Konutlari

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Construction

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Project info

Object ID: 5083

Finished at	December 2020
Price, m²	From 7010$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	9
Apartments	81
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground
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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

630,900$

Net profit

9,376$

Payback period

53.7 years

Avg property value increase per year

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About the project

Istanbul-based Nevtepe Houses project is run by Çavuşoğlu Yemenler İnşaat, which was established in 1992. The portfolio of the company, which has completed more than a dozen constructions to date, includes many projects such as Rahmi Özcan Business Center, Reyyan Site, Tekyap Huzur Blokları and Bağlan Sitesi. Addressing the middle income group, Nevtepe Houses consist of 2 blocks of 9 floors each, and contain a total of 81 apartments and 6 commercial units. The project at Güllübağlar Mahallesi, Hürriyet Caddesi, Mevlana Cami Yanı, Pendik, Istanbul is planned to be completed in the fourth quarter of 2020.

Nevtepe Houses are approximately 3 kilometers northwest of Sabiha Gökçen Airport. At the intersection of Muhsin Yazıcıoğlu and Yaşar Doğu Streets, there is no shopping mall in the immediate vicinity of the project, but it is possible to reach the D-100 highway to the south and the Tavsantepe metro stop in about 20 minutes. Marmara University Pendik Education Hospital and more than a dozen schools can be reached on foot. Nevtepe Houses residents can benefit from children's playground, security with camera, generator, camellia and indoor / outdoor parking services.

Two types of apartment options are offered in the Nevtepe Houses project:

• 2 + 1 (gross usage area 90 m2)

• 3 + 1 (gross usage area of 120 m2)

Developer

Our Mission To meet the expectations of our customers with our experienced personnel, offering them quality buildings and making comfort a…
Details about Çavuşoğlu Yemenler Grup