Nidapark Denizati in Istanbul

Name: 📣 300$ — discount certificate
Start: 2020-04-03T09:24:18.749845+00:00
End: 2023-12-31T23:59:59+0000
Location: Nidapark Denizati

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Construction

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Project info

Object ID: 6418

Finished at	December 2020
Price, m²	From 1560$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	19
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Commercial area Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Zeytinburnu 14 min Mithatpaşa 17 min Merter 20 min Bakırköy 21 min
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

46,800$

Net profit

5,906$

Payback period

5.8 years

Avg property value increase per year

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About the project

Bearing the signature of Tahincioğlu Gayrimenkul, Nidapark Denizatı is rising as an urban transformation project in Zeytinburnu. Nidapark Denizatı, a mixed-use project, has a construction area of 340 thousand square meters. The project is designed by Aukett Swanke Architecture.

A new one has been added to Tahincioğlu Gayrimenkul's "Nidapark" brands projects. The new project, which is planned to be built within the scope of urban transformation works in Zeytinburnu, was named "Nidapark Denizatı". Nidapark Denizatı will be a mixed-use project consisting mostly of residences. The project has a sea view due to its location. The details of the project, which is under development, will be announced in the coming days.