Nidapark Basaksehir in Istanbul

Name: Nidapark Basaksehir
Brand: TAHİNCİOĞLU GAYRİMENKUL İNŞAAT VE TURİZM A.Ş.
SKU: 6401
Availability: InStock

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Project info

Object ID: 6401

Finished at	January 2018
Price, m²	From 540$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 88.00 m²
Floors	20
Apartments	374
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Near school Near kindergarten Near supermarket Nearby subway stations Ziya Gökalp/Mahallesi 2 min Turgut Özal 12 min Siteler 15 min İkitelli Sanayi 19 min Başak 20 min
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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

47,520$

Net profit

9,376$

Payback period

4.0 years

Avg property value increase per year

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About the project

Implemented in Başakşehir, one of the most invested areas of the European Side, Nidapark Başakşehir was designed with all the needs of city life in mind. Nidapark Başakşehir, which is the first project designed in accordance with the LEED criteria in the Başakşehir region, rises on the own land of Tahincioğlu Gayrimenkul. Nidapark Başakşehir is located adjacent to the Olympic Stadium. Before the launch, the project received over 500 applications for residences and over 100 applications for shops. A large social facility with an area of approximately 2,600 square meters, consisting of two floors in which all kinds of activities are considered, is planned in the project. Located in the middle of Atatürk Airport and the 3rd airport, Nidapark Başakşehir offers a complete solution to the transportation issue from the air, land and underground. Nidapark Başakşehir, which is very close to the 3rd Bridge, provides convenience to homeowners with its direct connection to the ring road, metro and public transportation. The sale of 2 + 1 apartments has been completed in the project.