Innovia Terrace Evleri in Izmit

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Start: 2020-04-01T09:13:39.566659+00:00
End: 2023-12-31T23:59:59+0000
Location: Innovia Terrace Evleri

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Project info

Object ID: 6332

Finished at	March 2018
Price, m²	From 500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	3
Apartments	38
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	Intercom CCTV
Conveniences	Parking Commercial area Kids playground Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

15,000$

Net profit

5,906$

Payback period

1.9 years

Avg property value increase per year

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About the project

A total of 38 terrace houses, all with sea views ... We aimed for an integrated design that contains breathtaking vital elements in the style of Loft and garden terrace. In the settlement at Innovia Terrace Houses, we wanted both to have a rich atmosphere in the interior life and to dominate the magnificent view in the surrounding area. We created elevated gardens with embankments and ranges suitable for the land and positioned common gardens where neighborhood relations will be experienced. Continuing the dilemma of simplicity and naturalness in every detail, we preferred natural materials from surrounding walls, roofs, buildings to hard garden floors ...

In Innovia Terrace Houses, a horizontal settlement that is at peace with nature is the basis of architectural design. Designed with a modular planning approach that responds to different needs, Innovia Terrace Houses come to life with open and semi-open space uses. In this direction, we aimed to ensure that all houses benefit from the unique view of the Gulf and that the quality of life is increased on the terraces towards this view.

In the design of open spaces, while taking care to protect the feeling of privacy between private and common areas, we have based on a planning approach to improve neighborly relations. We took care that the materials used are natural, plain and long-lasting.