Mevsim Istanbul in Istanbul

Name: Mevsim Istanbul
Brand: Sarılar İnşaat
SKU: 23873
Availability: InStock

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Project info

Object ID: 23873

Finished at	December 2018
Price, m²	From 2095$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 126.00 m²
Floors	14
Apartments	187
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Kağıthane 16 min Nurtepe 21 min Yeşilpınar 21 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

263,970$

Net profit

9,376$

Payback period

22.5 years

Avg property value increase per year

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About the project

Mevsim Istanbul property project located at the heart of Istanbul city, represents the modern style of residential projects in Turkey. The strategic area where the properties for sale in Istanbul are rising attracts the attention of homebuyers with the privileges of being nearby major social, shopping, and business centers in the metropolitan, as well as the captivating views over Belgrade Forest, one of the natural wonders of Istanbul city. This development is a great choice for both families and investors due to the versatile opportunities it provides.

The project includes versatile properties with carefully outlined plans. All are prepared with comfort, practicality, and luxury in mind. Those units portray modern designs, developed to ensure the creation of comfortable, practical, and healthy spaces, that respond to all needs, and receive adequate daily sun exposure. The project offers (2+1 to 4+1) floor plans that include stylish bathrooms, private balconies, and kitchen units, aimed to establish an optimal living environment.

Mevsim Istanbul is built by Sarilar Insaat, a reputed company in the Turkish real estate market. The execution procedures of the project started in 2016. Sarilar Insaat holds the property of other projects like Mevsim Cengelkoy and Mevsim Basaksehir in istanbul.