Ncadde Ates Corner in Istanbul

Name: Sales in Ncadde Ates Corner started!
Start: 2020-02-20T08:20:36.552431+00:00
End: 2023-12-31T23:59:59+0000
Location: Ncadde Ates Corner

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Project info

Object ID: 5174

Finished at	December 2019
Price, m²	From 821$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 32.00 m²
Floors	3
Apartments	300
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground Nearby subway stations Saadetdere/Mahallesi 16 min Haramidere/Sanayi 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

26,272$

Net profit

5,883$

Payback period

3.3 years

Avg property value increase per year

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About the project

Özyurtlar İnşaat, which has signed many projects in Esenyurt, one of the favorite districts of the European Side, is developing a new life concept for young people. Life begins at the end of 2019 at "Ncadde Ateş Corner", which combines hotel quality with home temperature. The project, which has features beyond the ordinary accommodation center for students and young academic environment, is designed for young people with hotel comfort, equipped library supporting education and training, hobby room, 24/7 security system and reception service.

Özyurtlar İnşaat's Ncadde Ateş Corner project is being established on a land of 7.161 square meters on Doğan Araslı Avenue. The project, which consists of a three-storey single block, has 300 student houses and 18 commercial units. The apartments are designed as 1 + 0 and 1 + 1, and each room has a bed, desk, wardrobe, bathroom, toilet, armchair and a safe for special items.

In Ncadde Ateş Corner, which also includes equipment such as cafes, restaurants, fitness centers, security is provided with a 24/7 camera system and security team, while parking problem is prevented with both open and closed parking lots.

Ncadde Ateş Corner, located next to Esenyurt University, is located parallel to the E-5 Highway and the Istanbul Tem Connection Road. Benefiting from the food and beverage venues, shopping malls and health institutions of Esenyurt, the project offers social opportunities to young people.

Developer

The foundations of Özyurtlar Group of Companies, operating in the construction and retail sector, were laid in 1990 in a 25 square meter sto…
Details about Özyurtlar İnşaat