Sky Residence in Istanbul

Name: Sales in Sky Residence started!
Start: 2020-03-03T08:20:39.237960+00:00
End: 2023-12-31T23:59:59+0000
Location: Sky Residence

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Project info

Object ID: 5481

Finished at	March 2018
Price, m²	From 2090$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 85.00 m²
Floors	35
Apartments	180
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Commercial area Near supermarket Nearby subway stations Seyrantepe 12 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

177,650$

Net profit

9,376$

Payback period

15.1 years

Avg property value increase per year

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About the project

The shortest block of the Skyland Istanbul project built by Eroğlu Gayrimenkul went on sale under the name Sky Residence. The project, which includes 180 apartments, includes 1 + 1, 2 + 1, 3 + 1 and 4 + 1 duplex apartments. The areas of 1 + 1 apartments vary between 85 and 147 square meters.

Sky Residence, defined as "Beyond Residence", is one of the most valuable components of Skyland Istanbul. Skyland Istanbul project, consisting of a residence, residence, office and shopping center, offers technology, quality and aesthetics together. Sky Residence is an ideal project for those who want to get service in the comfort of residence and live in the city center. Sky Residence reveals its uniqueness with its 10 thousand square meter private landscape area and garden floor. When all the privileges of Skyland Istanbul are added, such as easy transportation, social life, HOM Design Center, Sky Residence offers a life far beyond a residence.

With its ever-growing and developing environment, Skyland Istanbul project provides a unique ease of life thanks to its location and functions. Skyland Istanbul, which brings together about 15 thousand people under its roof with its ease of access to airports, metro station, close to bridges and main roads and whose investment value is increasing day by day, promises a very lively life to its residents. The project is realized in a location adjacent to Seyrantepe Türk Telekom Stadium, in the Seyrantepe region, whose face changes with each passing day and gains prestige.