İstanbul Saraylari in Istanbul

Name: Sales in İstanbul Saraylari started!
Start: 2020-03-03T07:58:36.275827+00:00
End: 2023-12-31T23:59:59+0000
Location: İstanbul Saraylari

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Project info

Object ID: 5478

Finished at	December 2018
Price, m²	From 1300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 51.00 m²
Floors	4
Apartments	1200
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near supermarket
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Personal discount certificate 300$
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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

66,300$

Net profit

7,229$

Payback period

7.0 years

Avg property value increase per year

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Promos and discounts for İstanbul Saraylari

About the project

In the Istanbul Palaces project rising right next to Bosphorus City in Halkalı, old districts such as Çırağan, Yıldız, Dolmabahçe Palaces, Fethipaşa and Sultantepe Grove, Kuzguncuk, Paşalimanı, Salacak were reinterpreted. The Istanbul Palaces project fascinates with its social areas, water and landscape areas. All of the 2 + 1 apartments were sold in the project.

Istanbul Palaces, inspired by the magnificent texture of the Bosphorus, reinterpreted the magnificent palaces and old districts with modern architecture from Dolmabahçe Palace to Çırağan Palace. In the Istanbul Palaces project, which attracts attention with its architecture, the rents of 1 + 1 apartments ready for the session start from 950 TL. 10% price advantage is applied in Istanbul Palaces project

Developer

Sinpaş GYO was established in 2007 for the purpose of realising the principles of corporate governance of Sinpaş, which has been rising on t…
Details about Sinpaş GYO