Star Hill İzmit in Izmit

Name: Sales in Star Hill İzmit started!
Start: 2020-03-05T13:19:19.715684+00:00
End: 2023-12-31T23:59:59+0000
Location: Star Hill İzmit

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Project info

Object ID: 5584

Finished at	December 2019
Price, m²	From 480$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 m²
Floors	10
Apartments	362
Building phase	Completed
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

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

57,600$

Net profit

9,376$

Payback period

4.9 years

Avg property value increase per year

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About the project

The Star Hill project, located within the borders of Akpınar Village, which overlooks the sea and Gulf views in Kocaeli Izmit, offers a life touching the ground surrounded by a unique vegetation in the forest. The project, which is signed by Architect Ümit İnce and Abdüssamed Zengin, consists of apartments and villas. Sales in the project started after the construction works progressed. 60 percent of the rough construction of the Star Hill project has been completed.

In the project, there are open and closed parking areas for each flat. From the car parks to the apartment directly by lift

access is provided. 1 + 1, 3 + 1, 5 + 1 apartments are located on normal floors. Some 2 + 1 and 3 + 1 apartments are planned as garden duplex and roof duplex. The villas are located in the project as duplex and triplex.

Star Hill Izmit project, which is located in an advantageous location in terms of transportation, is 44.5 kilometers to Osman Gazi Bridge, 65.9 kilometers to Sabiha Gökçen Airport, 102 kilometers to Istanbul, 16.6 kilometers to Kartepe, 40 to Sapanca, It is located 2 kilometers, 85.1 kilometers from Yalova and 139 kilometers from Istanbul Airport.