Mint Caglayan in Istanbul

Name: Sales in Mint Caglayan started!
Start: 2020-03-25T08:58:23.772061+00:00
End: 2023-12-31T23:59:59+0000
Location: Mint Caglayan

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Project info

Object ID: 6115

Finished at	July 2018
Price, m²	From 1700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	17
Apartments	140
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Çağlayan 5 min Mecidiyeköy 10 min Şişli 10 min Osmanbey 16 min Kağıthane 17 min Darülaceze 20 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

59,500$

Net profit

5,883$

Payback period

7.4 years

Avg property value increase per year

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About the project

Having entered the real estate sector with the Kağıthane project, Mint primarily aims to develop projects in the region between Büyükdere Caddesi and Haliç-Cendere. This year, Mint will implement Mint Şişli, Mint Metro and Mint E-5 projects, especially Mint Çağlayan. The Mint Çağlayan project was launched on February 15, 2017. In Mint Çağlayan, an urban transformation project, the flats are 1 + 0 and 1 + 1. Optionally, 2 + 1 flats are obtained by combining with the modular system.

Offering approaches that make life easier, Mint Çağlayan will be able to rent environmentally friendly electric cars and Vespa engines in the parking lot when needed. In the project, special guest rooms have been created where residents can host their guests. With the income to be obtained from the use of these areas, the dues expenses of the site will decrease considerably. The dues are expected to be around $ 50. In Mint Çağlayan, those who buy houses are offered an 18-month rental guarantee. After the apartments are delivered, 5% of the flat price is guaranteed by the management for 18 months.

Located in the center of Çağlayan, Mint Çağlayan is being built adjacent to Florance Nigthingale Hospital. It is possible to reach Trump AVM and Cevahir AVM in 10 minutes from the project, which is very close to the Çağlayan Courthouse, in 2 minutes to the new Çağlayan metro stop, and to the Mecidiyeköy metrobus station in 7 minutes.

Developer

“MİNT” has been operating since 2014 to realize real estate development, construction, sales and management in places with high premium pote…
Details about Mint