Ozgur Residence in Istanbul

Name: Sales in Ozgur Residence started!
Start: 2020-03-11T11:57:41.260539+00:00
End: 2023-12-31T23:59:59+0000
Location: Ozgur Residence

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Project info

Object ID: 5729

Finished at	February 2018
Price, m²	From 630$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 75.00 m²
Floors	18
Apartments	93
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV Security
Conveniences	Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

47,250$

Net profit

8,283$

Payback period

4.5 years

Avg property value increase per year

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About the project

The Özgür Residence project, implemented by Gül İnşaat, consists of 93 flats and 11 street stores in a single block of 15 floors. 1 + 1 and 2 + 1 flats are on sale in the project. A small number of 3 + 1 apartments belong to the land owner and are not sold. In Özgür Residence, 1 + 1 flats are 75 square meters gross, 2 + 1 flats are 82, 88, 106 and 115 square meters.

Özgür Residence, the new project of Gül İnşaat, is counting days to go on sale. In the Özgür Residence project, which rises right next to Ulusoy Truck Garage, there are street shops as well as residences. The project, which is very close to Basın Ekspres Road, is 2 minutes away from Atatürk Airport, 5 minutes away from E-5, TEM, metrobus and Ataköy Marina.

Özgür Residence will be launched on 31 March 2016. Until this date, apartments will be sold at advantageous prices. Starting from March 31, the prices of apartments will be increased by 10 percent.

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