Capital Tower in Istanbul

Name: Sales in Capital Tower started!
Start: 2020-03-31T11:10:10.620407+00:00
End: 2023-12-31T23:59:59+0000
Location: Capital Tower

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Project info

Object ID: 6295

Finished at	February 2018
Price, m²	From 730$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 126.00 m²
Floors	12
Apartments	100
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Commercial area Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

91,980$

Net profit

9,376$

Payback period

7.8 years

Avg property value increase per year

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About the project

The total construction area of the Capital Tower project, which rises on the Güneşli Basın Express Road, has been determined as 35 thousand square meters. In the Capital Tower project, which rises in a single block with 16 floors, there are 4 showrooms with a warehouse of 4 thousand 370 square meters. Offices are delivered as naughty in the project.

Rising on the Güneşli Basın Express Road, the Capital Tower project rises in one of the most important locations on the European Side. The Capital Tower project was a project that the office investor welcomed. The square meter unit rents of the offices in the Güneşli region vary between 15-20 dollars. In the Capital Tower project, rents are expected to be above these figures.

Developer

Founded in 1974 and since its inception, contributing to urban modernization initiatives in the construction industry Happy construction, wh…
Details about MUTLU GLOBAL PROJE GELİŞTİRME A.Ş.