Babacan Central in Istanbul

Name: Sales in Babacan Central started!
Start: 2020-02-19T07:09:12.503925+00:00
End: 2023-12-31T23:59:59+0000
Location: Babacan Central

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Project info

Object ID: 5125

Finished at	June 2020
Price, m²	From 600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 102.00 m²
Floors	24
Apartments	746
Condition	Black walls
Ceiling height	3.20 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations Haramidere/Sanayi 15 min Güzelyurt 15 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

61,200$

Net profit

9,376$

Payback period

5.2 years

Avg property value increase per year

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About the project

Babacan Central is built on Beylikduzu by Babacan Yapi on 20.000 sqm land area. The entire project is designed as 3 blocks with 19, 20 and 24 floors with the sea and city view including 746 residential units as 1+1, 2+1 and 3+1 units. Moreover, Babacan Central is designed consisting of offices, home offices and shops.

Babacan Central offers several social facilities within its site area. Those facilities include an indoor swimming pool, a fitness center, a hairdresser, a market, a cinema, a playstation cafe, sport centers for different types of sport activities such as volleyball, basketball and tennis court. Thanks to the concept of Public Square, the project also presents meeting rooms with different commercial brands.

Babacan Central rises right next to the E-5 byway and Marmara Park Shopping Center. It is also 1 min away from Medilife Beylikduzu Hospital, 6 min away from Medicana International Istanbul and Medihaus Central Point, 29 min away from Mehmet Akif Ersoy Chest and Cardiovascular Diseases Center over D100 highway and 25 min away from Acibadem Bakirkoy Hospital. Moreover, Babacan Central is also 23 min in distance from Ataturk International Airport.

Developer

Babacan Holding, which is distinguished by specific business models developed with quality focus, has been providing service since 2002 on t…
Details about Babacan Holding