Avrupa Konutlari Kale 2 in Istanbul

Name: Sales in Avrupa Konutlari Kale 2 started!
Start: 2020-02-20T07:29:02.377816+00:00
End: 2023-12-31T23:59:59+0000
Location: Avrupa Konutlari Kale 2

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Project info

Object ID: 5168

Finished at	September 2018
Price, m²	From 1610$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 74.00 m²
Floors	10
Apartments	270
Condition	Black walls
Ceiling height	2.85 m.
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Spa Fitness Pool Kids playground Nearby subway stations Cevizlibağ 3 min Topkapı 6 min Merkez/Efendi 9 min Fetihkapı 13 min Davutpaşa—YTÜ 14 min Akşemsettin 15 min Pazartekke 15 min Bayrampaşa/-Maltepe 16 min Vatan 18 min Topkapi—Ulubatlı 19 min Terazidere 20 min Mithatpaşa 21 min Demirkapı 21 min Merter 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

119,140$

Net profit

8,283$

Payback period

11.2 years

Avg property value increase per year

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About the project

European Houses Kale 2 project in Istanbul is carried out by Artaş Construction and rises on a land of 13.677 square meters. The project, designed to accommodate a total of 270 residences and 23 commercial units, is planned to be delivered in August 2018. The project, which was launched in Topkapı, a historical region, consists of 9 10-storey blocks designed with Seljuk architecture in harmony with the historical texture. The project, which has a unique Istanbul view and blocks with sea views from the third floor, includes an indoor car park, walking path, ornamental pools, Turkish bath, sauna, fitness and gym, security center, 2 indoor swimming pools, street shops and cafes and children's playgrounds. There are such privileges.

Avrupa Konutları Kale 2 project is located in a central location on the European side of Istanbul, in the district of Topkapı, on the Davutpaşa street of the Cevizlibağ district. The project is located close to the stations of public transportation vehicles such as metro, metrobus, tram and provides advantageous transportation facilities. Panorama 1453 Museum is 600 meters from the European Houses Castle 2 project, Topkapı Cultural Park and Mevlevihane park are 800 meters away. The fact that the project is located within walking distance to health centers, educational institutions and shopping centers and that it is located in many historical centers highlights the project.

There are 1 + 1, 2 + 1, 3 + 1, and 4 + 1 flats in the Avrupa Konutları Kale 2 project ranging from 74 square meters to 206 square meters. Apartments are heated with underfloor heating system and central heating system. Each apartment has an en-suite bathroom and dressing room. Houses with A + energy class built-in white goods also have a central air conditioning system. The blocks, which are built in accordance with the heat and sound insulation regulations, also include water tanks, hydrophores, generators and load elevators. The European Houses Castle 2 project, which has been implemented as a valuable housing project in a valuable region, attracts attention with its convenience in transportation, its architecture suitable for the historical region, commercial areas with street concept, social structure and comfortable apartments.

Developer

ARTAŞ Group, which was established in 1977 by Süleyman Çetinsaya, has more than 40 years of knowledge and experience in the construction ind…
Details about Artaş İnşaat