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Folkart Vega in Izmir

Name: Sales in Folkart Vega started!
Start: 2020-02-04T11:38:26.532049+00:00
End: 2023-12-31T23:59:59+0000
Location: Folkart Vega

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Project info

Object ID: 4754

Finished at	December 2021
Price, m²	From 1140$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 79.00 m²
Floors	35
Apartments	843
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Spa Fitness Pool 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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

90,060$

Net profit

8,283$

Payback period

8.5 years

Avg property value increase per year

Open ROI calculator

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About the project

At Folkart Vega, you will feel like a star thanks to its range of privileged features from its location and architecture to its social amenities.

Folkart Vega is a world that has been speciﬁcally tailored to your expectations with Land Area: 20715 m2, one that will polish up your life.

The parabolic facades, developed with special manufacturing processes that achieved a ﬁrst in Izmir, will become the new aesthetic symbols of Vega’s outside appearance.

Folkart Vega will become the city’s newest and brightest star with its innovative design and elaborate architecture. Folkart Vega offers a spectacular view of İzmir Bay, which stretches as far as the eye can see, and a landscaped area that is ﬁlled with palm trees.

The project comprises a total of 843 and 53 commercial areas, including 1+1, 2+1, 3+1 duplex, 4+1 and4+1 duplex.

Folkart Vega project makes a difference from its central location. The project is located just 720 meters from the sea. This magnificent project, situated at the heart of Alsancak and close to many transportation options, neighbors Medicana International Hospital, one of the largest private hospitals in Izmir.

Folkart Vega is not just an ordinary housing project. It’s the Folkart interpretation of an exceptional and exciting lifestyle, offering a ﬁtness center, sauna, spa, cafe, outdoor and indoor swimming pools, and open green spaces.

Developer

Established in 2006 by Saya Group, Folkart Yapı is committed to satisfying its customers by providing comfort and luxury in the form of excl…
Details about Folkart Yapı