Kuzeysehir Plus in Izmir

Name: Kuzeysehir Plus
Brand: Yücesoy Mühendislik
SKU: 5341
Availability: InStock

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Project info

Object ID: 5341

Finished at	December 2019
Price, m²	From 690$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 85.00 m²
Floors	11
Apartments	102
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool Kids playground
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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

58,650$

Net profit

9,376$

Payback period

5.0 years

Avg property value increase per year

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About the project

The name of the new stage to be built next to the Northşehir project being built by Yucesoy Mühendislik in İzmir was Kuzeyşehir Plus. Called the plus stage of Kuzeyşehir, Kuzeyşehir Plus will consist of 102 houses. In Kuzeyşehir Plus, where 1 + 1, 2 + 1, 3 + 1 and 4 + 1 housing options will be included, the sizes of the houses are designed to vary between 85 square meters and 234 square meters. The Kuzeyşehir Plus stage, which will take advantage of all the facilities of the Kuzeyşehir project, will be built in the same status as Kuzeyşehir in terms of features. The deliveries of the Kuzeyşehir Plus project, which is still in progress, is planned to be built in December 2019, 1 year after the Kuzeyşehir project. The only difference that distinguishes the Kuzeyşehir Plus stage from the Kuzeyşehir project is that both have their own parking spaces.