Yucesoy Kuzeysehir Koru in Izmir

Name: Sales in Yucesoy Kuzeysehir Koru started!
Start: 2020-02-26T11:50:35.238649+00:00
End: 2023-12-31T23:59:59+0000
Location: Yucesoy Kuzeysehir Koru

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Project info

Object ID: 5339

Finished at	April 2021
Price, m²	From 630$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 67.00 m²
Floors	11
Apartments	639
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Spa Fitness Pool Kids playground
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

42,210$

Net profit

7,813$

Payback period

4.2 years

Avg property value increase per year

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About the project

The Northşehir Grove project, located in the Menemen district of the city of Izmir, is implemented by Yücesoy Mühendislik with the aim of delivering housing in October 2021. The project, which will be built as 716 residences on an area of 31 thousand square meters, attracts attention with its 5 giant groves including Beach Grove, Children's Grove, Hidden Grove, Olympic Sports Grove, Botanical Grove and 2 terrace areas as Sunrise Terrace and Sunset Terrace. In addition, the Giant City Park, with its 17 thousand square meter area, offers its residents the privilege of living in harmony with nature. The project, which also includes SPA, fitness, kids club and art street, provides inevitable opportunities for apartment owners for social activities.

İzmir Kuzeyşehir project is located in the Northşehir district of Menemen district of Izmir. The project, which is 500 meters away from the E-87 highway, creates a very advantageous situation both in the city and abroad for those who prefer personal vehicles. Those who prefer public transportation can reach İzmir center in 30-40 minutes with alternatives such as buses and Izban. However, it should be taken into consideration that the project is relatively far from the center of Izmir. Near the project, which is located in a very green location, there are important centers such as Sada Hospital, Gölpark Amusement Park, Şaşmaz Market, Atatürk Mahallesi Muhtarlığı, Huriye Mehmet Akçasakız Secondary School and industrial site. The project location is thought to be valued by completing the Bay Bridge.

Within the scope of İzmir Kuzeyşehir project, there are 2 + 1, 3 + 1 and 4 + 1 apartments. The areas of the apartments start from 67 square meters. The project, which has large windows in its apartments, makes the most of the sunlight. The heating of the project is provided by central heating. In addition, the project promises to save fuel to its residents thanks to its quality insulation.