TEM Point in Istanbul

Name: Sales in TEM Point started!
Start: 2020-02-18T12:48:54.335608+00:00
End: 2023-12-31T23:59:59+0000
Location: TEM Point

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Project info

Object ID: 5123

Finished at	December 2019
Price, m²	From 1060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 71.00 m²
Floors	12
Apartments	468
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations Giyimkent/Tekstilkent 7 min Taşköprü 18 min Karadeniz 19 min Metris 19 min Cumhuriyet/Mahallesi 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

75,260$

Net profit

8,283$

Payback period

7.1 years

Avg property value increase per year

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About the project

Rising in Sultangazi, one of the developing regions of the European Side, 'Tem Point' is implemented in partnership with Nata Holding and Gül Proje. The project, where the deliveries will begin in the summer of 2019, is located on a land area of 75,000 square meters. There are 468 residences in five blocks.

In the project that meets every need with 1 + 0, 1 + 1, 2 + 1, 3 + 1, 4 + 1 and 5 + 1 housing types; 1 + 1s are designed as 79 to 92 square meters, 2 + 1s as 98 to 129 square meters, 3 + 1s as 152 to 168 square meters, 4 + 1s as 191 to 218 square meters, 5 + 1s as 239 square meters. .

Tem Point, which responds to the comfort, technology and security requirements sought in modern mixed projects, enables the homeowners to meet all their needs without leaving the site. Superior workmanship and material use make a difference in the project, which meticulously plans every detail in the residences.

Tem Point, which has many options in terms of food and beverage venues, shopping centers, education and health institutions, also benefits from many options in terms of transportation. The region, which continues to diversify its social facilities, road investments and transportation alternatives, is expected to experience a more significant population increase in the coming years.

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