Varyap Meridian in Istanbul

Name: Sales in Varyap Meridian started!
Start: 2020-03-06T10:31:06.785511+00:00
End: 2023-12-31T23:59:59+0000
Location: Varyap Meridian

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Project info

Object ID: 5611

Finished at	October 2018
Price, m²	From 800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 49.00 m²
Floors	45
Apartments	1500
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool Near supermarket Nearby subway stations Yenisahra 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

39,200$

Net profit

6,783$

Payback period

4.3 years

Avg property value increase per year

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About the project

The architectural project of Varyap Meridian, which consists of 1,500 residences, was drawn by RMJM Architecture. In Varyap Meridian, which was realized by Varyap, TOKİ and Emlak Konut in Batı Ataşehir, the houses are delivered immediately. The construction area of Varyap Meridian, which was established on a land of 107 thousand square meters, was determined as 410 thousand square meters.

Varyap Meridian, located on the most valuable and last parcel area of West Ataşehir, attracts attention with its 5 residence towers, 3 horizontal office blocks and 14 villas. In the Varyap Meridian project, which fascinates with its different architecture, the rent of 1 + 1s starts from 2,500 liras.

Developer

Founded in 1975 as a real estate development, construction and contracting company, VARYAP today undertakes major projects that add value to…
Details about Varyap