Ulus Belvedere Residence in Istanbul

Name: Ulus Belvedere Residence
Brand: Metal Yapı Konut
SKU: 6449
Availability: InStock

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Project info

Object ID: 6449

Finished at	December 2020
Price, m²	From 1500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	35
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness Pool Commercial area Near supermarket Nearby subway stations Nispetiye 5 min Levent 9 min Zincirlikuyu 11 min Gayrettepe 12 min Etiler 20 min 4. Levent 21 min
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Personal discount certificate 300$
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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

45,000$

Net profit

5,906$

Payback period

5.6 years

Avg property value increase per year

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About the project

Realized in Ulus, Istanbul's most prestigious district, Belvedere Residence is located in a location with a view of the Marmara Sea and the Bosphorus. The project, which Metal Yapı Konut has followed for 10 years, is now nearing the end. Ulus Belvedere Residence project has apartment options in different square meters. The project will include a hotel as well as residences. Ulus Belvedere Residence project, located close to Zorlu Center, will rise on the slope just across the Jewish Cemetery on Akmerkez Road. The preliminary demand collection process has started in Ulus Belvedere Residence project, which is expected to go on sale soon.

Developer

Established by the Saçaklıoğlu Family, who settled in Istanbul from Şanlıurfa in the early 1970s, Metal Yapı Konut expanded its field of act…
Details about Metal Yapı Konut