Flores Topkapi in Istanbul

Name: Sales in Flores Topkapi started!
Start: 2020-03-31T07:41:00.414907+00:00
End: 2023-12-31T23:59:59+0000
Location: Flores Topkapi

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Project info

Object ID: 6275

Finished at	August 2020
Price, m²	From 1670$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	13
Apartments	156
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Davutpaşa—YTÜ 4 min Terazidere 9 min Cevizlibağ 11 min Merkez/Efendi 14 min Sağmalclar 17 min Merter 17 min Topkapı 17 min Akşemsettin 19 min Otogar 19 min Mithatpaşa 19 min Bayrampaşa/-Maltepe 21 min Esenler 21 min
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Personal discount certificate 300$
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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

98,530$

Net profit

7,229$

Payback period

10.4 years

Avg property value increase per year

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About the project

The Flores Topkapı project, implemented by Mist Construction and Saraylı Group, is established on an area of 5 thousand square meters. The block, designed as "L", has 156 apartments and 11 commercial units. There are 59 square meters 1 + 1 apartments, 70 to 102 square meters 2 + 1 apartments, and 148 square meters 3 + 1 apartments in Flores Topkapı.

The Flores Topkapı project, realized in Istanbul's central point, Topkapı, consists of apartments and commercial units. The project, which rises in public transportation, especially within walking distance of the metro, is one of its most remarkable features; Having an ecological garden of 2 thousand square meters. Flores Topkapı project rises on top of an old chocolate factory land in Topkapı.

Among the privileges of the Flores Topkapı project are the Playstation game room, music room, fitness room, 2 indoor swimming pools, ecological garden. The sale of 1 + 1 apartments in the project has been completed.

Developer

starting with the construction industry in 1975. Emergency sour experience, beginning his career in Erzurum, Turkey has continued all over t…
Details about Mist İnşaat