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Kasr-i Ala Cengelkoy in Istanbul

Name: Sales in Kasr-i Ala Cengelkoy started!
Start: 2020-04-02T08:05:53.234207+00:00
End: 2023-12-31T23:59:59+0000
Location: Kasr-i Ala Cengelkoy

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Project info

Object ID: 6360

Finished at	March 2020
Price, m²	From 2000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 110.00 m²
Floors	5
Apartments	75
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

220,000$

Net profit

9,376$

Payback period

18.7 years

Avg property value increase per year

Open ROI calculator

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About the project

With Kasr-ı Ala consisting of 5 blocks and 75 flats, built on an area of 6000 m2 in the most beautiful part of the Bosphorus, right in the middle of Çengelköy, you get the life you miss. The Kasr-ı Ala project is waiting for you with its unique multi-storey architecture, magnificent Bosphorus view, location close to the beach, warm friendly neighborhood culture and luxurious 2 + 1 to 4 + 2 apartment types.

Kasr-ı Ala is a unique reinterpretation of the modern “Konak” life, combining original designs aesthetically with traditional designs such as sloped roof, wide eaves and bay windows.

Çengelköy is one of the most popular districts of Istanbul, where the waters are covered with a blue cover, the green remains the same for four seasons, the mansions on the one hand, plane trees on the one hand and the unique view of the Bosphorus on the other. It is a great history that traditional Bosphorus life continues after Kuzguncuk and Beylerbeyi.

With its central location connecting European and Asian continents, the magnificent city, which has been the capital of many civilizations, is Istanbul and Çengelköy, the pearl of the Bosphorus. All the colors of life are always at your door with its unique view of the Bosphorus, the beach decorated with thousands of shades of green, the blue sea and the indescribable peace of the sunset.

Developer

2004 yılında Afganistan'da danışmanlık ve inşaat firması olarak kurulan Omran Construction, Consulting and Engineering Company, daha sonra b…
Details about Omran İnşaat