Sinpas Country in Istanbul

Name: Sales in Sinpas Country started!
Start: 2020-04-02T12:41:58.690077+00:00
End: 2023-12-31T23:59:59+0000
Location: Sinpas Country

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Construction

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

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Project info

Object ID: 6395

Finished at	September 2017
Price, m²	From 705$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 117.00 m²
Floors	12
Apartments	900
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground
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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

82,485$

Net profit

9,376$

Payback period

7.0 years

Avg property value increase per year

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About the project

Project Features:

Number of floors - 12

Number of apartments - 900

Playground

Fitness Center

Parking Garage

Sports fields

Developer

Sinpaş GYO was established in 2007 for the purpose of realising the principles of corporate governance of Sinpaş, which has been rising on t…
Details about Sinpaş GYO