The Vira Istanbul in Istanbul

Name: The Vira Istanbul
Brand: Liv Yapi
SKU: 23866
Availability: InStock

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Project info

Object ID: 23866

Finished at	December 2018
Price, m²	From 2630$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 127.00 m²
Floors	13
Condition	Turnkey
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

334,010$

Net profit

9,376$

Payback period

28.4 years

Avg property value increase per year

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About the project

The Vira Istanbul Property Project located in the Beylikduzu district represents an attractive residential development within the modern real estate domain in Istanbul. This project offers a combination of social privileges established nearby (Yasam Vadisi) which extends from the heart of Beylikduzu up until the coast. Vira Istanbul is significant from other projects in the area by being within walking distance of various public services, recreational, entertainment, and sports areas to education and health facilities. Based on the previous features, Vira Istanbul attracts both families to start a quality life experience, and foreign investors to start a valuable investment in the surging Turkish real estate market.