Torkam Fikirtepe in Istanbul

Name: 📣 300$ — discount certificate
Start: 2020-03-27T12:36:01.394582+00:00
End: 2023-12-31T23:59:59+0000
Location: Torkam Fikirtepe

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Construction

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Property for sale in Torkam Fikirtepe — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 6225

Finished at	December 2020
Price, m²	From 600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	20
Apartments	1101
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Fikirtepe 5 min Uzunçayır 6 min Acıbadem 9 min Ünalan 9 min Feneryolu 16 min Söğütlüçeşme 17 min Göztepe 20 min
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

18,000$

Net profit

5,906$

Payback period

2.2 years

Avg property value increase per year

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About the project

Torkam İnşaat was the winner of KİPTAŞ's Fikirtepe tender. In the transformation of Fikirtepe region, Torkam İnşaat is being taken one step. In the Torkam Fikirtepe project, which will have a construction area of 182 thousand 198 square meters, a total of 1101 living areas will be built. In the project, 1 + 1, 2 + 1, 3 + 1 and 4 + 1 housing options will be created. In Torkam Fikirtepe project, which will consist of 5 blocks, 511 1 + 1 apartments, 438 2 + 1 apartments, 128 3 + 1 apartments, 24 units 4 + 1 apartments will be offered. The Torkam Fikirtepe project is planned to be launched and offered to its buyers in December 2020.

Torkam İnşaat Chairman Mahmut Dereli stated that they attach great importance to the project in Fikirtepe and said: “Fikirtepe has been among the most talked about neighborhoods in recent years. Precious projects have been carried out in this region and they continue to be done. As Torkam İnşaat, we decided to take place in Fikirtepe, to add value and support to the region with both our knowledge and experience. After the contract, we started our work after the contract we signed with Kiptaş. In Kiptaş's Fikirtepe project, we signed our contract for construction works, consisting of a total of 1,101 residences, and we received the delivery of the place. We aim to deliver the good news to the right holders by quickly producing. ”

Developer

As orkam İnşaat, we have been operating in the Construction and Building sector for 28 years before our Chairman Mahmut Dereli. To date, th…
Details about Torkam İnşaat