Gavize Park in Izmit

Name: Sales in Gavize Park started!
Start: 2020-03-30T08:22:17.345442+00:00
End: 2023-12-31T23:59:59+0000
Location: Gavize Park

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Project info

Object ID: 6239

Finished at	October 2018
Price, m²	From 550$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 107.00 m²
Floors	9
Apartments	83
Building phase	Carcase finished
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground 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

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

58,850$

Net profit

9,376$

Payback period

5.0 years

Avg property value increase per year

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About the project

Gavize Park project is being realized in Kocaeli Gebze location. The project consists of 83 apartments to be built on an area of 13 thousand 321 square meters. The Gavize Park project has 2 + 1 and 3 + 1 apartments. In the project, the square meters of the apartments are designed to vary between 107 and 183 square meters. The project, located 100 meters from the Central Hospital, 1.5 kilometers from Gebze Courthouse, and the ice rink construction initiated by the Ministry of Youth and Sports, is located in a very valuable location in terms of location. Gavize Park project draws attention with its social facilities.

After the completion of the project, it is foreseen to provide 15% premium to its suitors. In addition, the rental returns are expected to vary between 1,250 TL and 2,000 TL. In the project where the deliveries were made in March 2018, everything is in a well-established order. In the Gavize Park project, which is very suitable for family life, 85 percent occupancy was achieved. The housing of the apartments has also been taken.

Developer

Our company entered the construction sector in 2009, İSMAİLOĞLU MÜHENDİSLİK TAAHHÜT YAPI İNŞAAT TİCARET LTD.ŞTİ. continues on its way. It p…
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