SolidPark in Istanbul

Name: Sales in SolidPark started!
Start: 2020-02-18T08:29:28.244914+00:00
End: 2023-12-31T23:59:59+0000
Location: SolidPark

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Project info

Object ID: 5100

Finished at	June 2020
Price, m²	From 450$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 105.00 m²
Floors	6
Apartments	66
Condition	Black walls
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Kids playground Near supermarket
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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

47,250$

Net profit

9,376$

Payback period

4.0 years

Avg property value increase per year

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About the project

The Solid Park housing project in Istanbul was implemented by Yapıtek İnşaat, a well-established company in the construction industry. The delivery date of the project, which has 66 flats in 4 blocks, has been determined as the second quarter of 2020. Project features include advantages such as a playground, indoor and outdoor parking lots, arbours, basketball court and camera security.

The Solid Park housing project is located on the Bosna boulevard of the Adil neighborhood of Sultanbeyli district of Istanbul. The project is located in a rapidly developing region, increasing its value day by day. In addition, the Anatolian highway can be reached in 2 minutes from the project location, and this provides an advantage for those who prefer personal vehicle transportation. In the project location, Sabiha Gökçen Airport can be reached within 30 minutes by both personal and public transportation, but transportation to the central districts can be relatively longer. From the Solid Park housing project, places such as Sultanbeyli Municipality, Saygı Hospital, Kaptan-ı Derya Primary School and Plateau Shopping Center can be reached on foot.

Solid Park has modern architectural features in its housing project. The exterior architecture of the project creates light details such as white and beige and black details. Modernity in the exterior architecture is complemented by glass balustrades on balconies. Terraces are located on the top floors of the project residences. The freshness of the interiors is supported by glass windows and glass balcony doors in the halls.

The construction of the Solid Park housing project was carried out in accordance with the earthquake regulation and the thermal insulation regulation. In addition, the ground survey and building inspection of the project has been carried out. The heating of the apartments is provided independently with natural gas.

In the Solid Park housing project, there are 2 + 1, 3 + 1, 4 + 1 and 5 + 1 apartments. The gross areas of the apartments range from 105 square meters to 180 square meters, while their net areas range from 73 square meters to 126 square meters.

Developer

APITEK is a construction and real estate development and investment company. The company's over 36 years of construction experience, combine…
Details about Yapıtek İnşaat