Nest Ortakoy in Istanbul

Name: Sales in Nest Ortakoy started!
Start: 2020-03-09T07:20:52.832367+00:00
End: 2023-12-31T23:59:59+0000
Location: Nest Ortakoy

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Project info

Object ID: 5629

Finished at	February 2018
Price, m²	From 800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 123.00 m²
Floors	5
Apartments	74
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Zincirlikuyu 13 min Gayrettepe 17 min Levent 21 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

98,400$

Net profit

9,376$

Payback period

8.4 years

Avg property value increase per year

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About the project

Nest Ortaköy project, designed with the signature of Creative Architecture, was designed as a boutique project. Consisting of 74 houses in 6 blocks, Nest Ortaköy project has 123 square meters 2 + 1, 175 square meters 3 + 1 roof duplex, 229 square meters 4 + 1 roof duplex and 175 square meters 3,5 + 1 apartments.

The Nest Ortaköy project, which was implemented on the last land in Ortaköy, attracts attention with its modern architecture. In the Ortakoy project, which is a very valuable project in terms of location, the rents of 2 + 1 apartments start from 3 thousand dollars. The immediate delivery of the project is a great advantage. Nest Ortaköy project includes the old Istanbul neighborhood texture.

Developer

Established in 1952, Gülman Group started to produce projects by entering commercial real estate investments in the real estate sector after…
Details about Gülman Group