Gul Proje Express in Istanbul

Name: Sales in Gul Proje Express started!
Start: 2020-02-18T12:42:09.727803+00:00
End: 2023-12-31T23:59:59+0000
Location: Gul Proje Express

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Project info

Object ID: 5121

Finished at	June 2019
Price, m²	From 1370$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	29
Apartments	658
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations İSTOÇ 18 min İkitelli Sanayi 19 min Mahmutbey 20 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

75,350$

Net profit

7,229$

Payback period

7.9 years

Avg property value increase per year

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About the project

Gül Proje Express, built on a land of 16 thousand square meters by Gül Proje in Bağcılar, Istanbul, is located on Basın Ekspres road. Basing on the importance of fast transportation in Istanbul, Basın Ekspres road, which is one of the routes used to provide the easiest and fastest transportation from place to place, attracts the attention of investors as it makes life easier.

The total number of residences in the project, which includes residences and commercial units, is 658. The width of the houses consisting of 1 + 1 and 2 + 1 structures varies between 55 and 114 square meters. Planned to be delivered in December 2018, Gül Proje Express has a construction area of 100 thousand square meters. The blocks, which include 658 residences and 41 commercial units in 2 blocks, are 19 and 29 floors. In addition to offering bank credit opportunities, there are also discount options for cash payments. In addition, customized discounted payment conditions are provided within the company. In the project, which also includes common areas such as children's playgrounds, sauna and fitness center, security is also prioritized. Camera security and underground parking are some of the details among the site features. While the central heating and heat share meter are among the building features, the site is built in accordance with the earthquake and insulation regulations.

Gül Proje Express, where it is possible to reach the TEM Highway in 1 minute and Atatürk airport in 8 minutes, is located at the intersection of all transportation routes. The project, which has important points such as many hospitals, educational institutions and shopping centers, is located 3 minutes from Mall Of Istanbul Shopping and Life center, 1 minute from Altınbaş University, 3 minutes from Mahmutbey metro station, 4 minutes from Masko furniture city, 8 minutes from Kültür University. .

Developer

Founded approximately 35 years ago, Gül Proje is an Istanbul-based construction company and has many projects completed in the same city to …
Details about Gül Proje