Olympus Residence in Izmir

Name: Sales in Olympus Residence started!
Start: 2020-02-27T10:49:43.477689+00:00
End: 2023-12-31T23:59:59+0000
Location: Olympus Residence

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Project info

Object ID: 5375

Finished at	February 2020
Price, m²	From 640$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 140.00 m²
Floors	15
Apartments	48
Condition	Black walls
Ceiling height	3.00 m.
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

89,600$

Net profit

9,376$

Payback period

7.6 years

Avg property value increase per year

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About the project

Turkey, one of the most popular cities rising Olympus Residence in Izmir, reformist bear the signature of the construction company. The project, which is located at the junction of Karşıyaka and Bayraklı districts, is located on the connection roads to the school, highway and the center. It is 2 minutes from the ring road and 10 minutes from Konak.

In the Olympus Residence, where the project area is determined as 8000 square meters, there are 48 apartments in one block. The size of all apartments is determined as 140 square meters. Again, for all apartments, a single 3 + 1 flat type was preferred. The project includes 5 commercial units as well as residences.

Standing out with its wide garden landscape and wide social areas, Olympus Residence includes social facilities such as fitness center, adult and children's swimming pool and shopping center. Basic areas such as children's playgrounds, meeting rooms, market, restaurant are also not neglected. In addition to the open car park, the parking problem is eliminated thanks to the closed car park located in the basement of the building. Residents can enjoy their time in areas such as table tennis, billiard room and sun terrace.

It is possible to see the breathtaking view of Izmir Bay from the apartments in the project, which aims to offer a high quality and luxurious lifestyle. There are large balconies especially in the residences that large families can choose with peace of mind. Residents can enjoy the food culture outdoors and host their guests if they wish. Each apartment, equipped with smart home systems, has an en-suite bathroom. There is an elevator in the building, and the heat share meter is used in the apartments heated by central heating.