Gulpark Yuvam in Istanbul

Name: Sales in Gulpark Yuvam started!
Start: 2020-03-11T11:44:54.280912+00:00
End: 2023-12-31T23:59:59+0000
Location: Gulpark Yuvam

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Project info

Object ID: 5728

Finished at	December 2018
Price, m²	From 1040$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 121.00 m²
Floors	15
Apartments	159
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground Near supermarket Nearby subway stations Otogar 4 min Terazidere 7 min Sağmalclar 9 min Kocatepe 10 min Esenler 11 min Davutpaşa—YTÜ 17 min Uluyol - Bereç 20 min Rami 20 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

125,840$

Net profit

9,376$

Payback period

10.7 years

Avg property value increase per year

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About the project

Gül İnşaat A.Ş. The Gülpark Yuvam project, which was launched by the company, is built on a plot of 8 thousand 267 square meters. The project, which consists of three blocks, includes 159 residences and 30 street shops. In Gülpark Yuvam project, 2 + 1 flats are gross 121.66, net 93.50 square meters, 3 + 1 flats are gross 151.89, net 117.44 square meters, 4 + 1 flats are gross 246.03, net 192.97 square meters.

The Gülpark Yuvam project, which rises near the center of Bayrampaşa, the oldest residential area of Istanbul, combines modern and aesthetic architecture. The Gülpark Yuvam project, located close to the E-5 and the main arteries, is located in the heart of the bus terminal, metro and all means of transportation. The life-oriented project includes 30 street stores as well as apartments. The stores will meet the needs of both residents and the local community. The Gülpark Yuvam project, which sets out with the slogan "Bayrampaşa's most special life project", draws attention with its proximity to the E-5 and main arteries.

Developer

Since 1980 Gul Insaat, producing not only in Turkey as part of the sector, an approach that adds value to the country will continue to walk…
Details about Gül İnşaat