1071 Kadikoy in Istanbul

Name: Sales in 1071 Kadikoy started!
Start: 2020-03-30T07:47:59.414046+00:00
End: 2023-12-31T23:59:59+0000
Location: 1071 Kadikoy

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Project info

Object ID: 6232

Finished at	June 2019
Price, m²	From 1600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	24
Apartments	556
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground Nearby subway stations Fikirtepe 6 min Uzunçayır 8 min Ünalan 10 min Feneryolu 12 min Acıbadem 12 min Söğütlüçeşme 17 min Göztepe 19 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

96,000$

Net profit

7,229$

Payback period

10.1 years

Avg property value increase per year

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About the project

1071 Kadıköy, which is located in the most central position of Istanbul Anatolian Side; Kadıköy Municipality and Şükrü Saraçoğ are located in Fikirtepe surrounded by E5 highway, metrobus road, Fahrettin Günaltay Avenue (Minibus road), which are the main arterial transportation routes of the Anatolian Side.

1071 Kadıköy, which is located in the most central position of Istanbul Anatolian Side; Located in Fikirtepe, surrounded by E5 highway, metrobus route, Fahrettin Günaltay Street (Minibus road), which is the main arterial transportation routes of the Anatolian Side, 15 minutes walking distance from Kadıköy Municipality and Şükrü Saraçoğlu Stadium, 500 meters from metrobus stop, on Hızırbey Street, Marmara University has a location adjacent to Göztepe Campus. It is 15 minutes walking distance from the stadium, 500 meters from the metrobus station, on Hızırbey Street, it is adjacent to Marmara University Göztepe Campus.