Kale Kent in Istanbul

Name: Sales in Kale Kent started!
Start: 2020-03-12T07:01:38.884535+00:00
End: 2023-12-31T23:59:59+0000
Location: Kale Kent

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Project info

Object ID: 5741

Finished at	August 2017
Price, m²	From 1080$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	8
Apartments	1420
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Hadımköy 16 min Beylikdüzü 21 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

46,440$

Net profit

6,783$

Payback period

5.1 years

Avg property value increase per year

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Promos and discounts for Kale Kent

About the project

The Kale Kent project, which will consist of 2 stages with an investment of 250 million dollars on a total area of 100 thousand square meters, will include 1420 apartments and 32 stores. In the project, which offers 25 different apartments from 1 + 1 to 4 + 1, the blocks consist of 8 floors and the distances between the blocks vary from 15 meters to 200 meters. There are 820 residences in the first phase of the project and 650 residences in the second phase.

The Kale Kent project, which is expected to provide at least 50 percent premium to its investors when completed, offers a 1 percent VAT advantage. In the Kale Kent project, the subscription prices will be calculated from 1.5 TL per square meter. Thus, the high dues problem, which is the biggest complaint of consumers who buy branded housing, will be prevented. The Kale Kent project has already earned its investors 30 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