Kurtkoy Modern in Pendik

Name: Kurtkoy Modern
Brand: Lens Yapı
SKU: 6386
Availability: InStock

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Project info

Object ID: 6386

Finished at	December 2020
Price, m²	From 800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	750
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Fitness Pool 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

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

24,000$

Net profit

5,906$

Payback period

3.0 years

Avg property value increase per year

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About the project

Kurtköy Modern, which will be brought to life by Özasr Yapı İnşaat operating within Lens Yapı, in Kurtköy, the rising region of the Anatolian Side, attracts attention with its proximity to Sabiha Gökçen Airport. Kurtköy Modern project, which will be built on 31 thousand 900 square meters of land, will be realized in the concept of office, hotel and commercial space. The Kurtkoy Modern project, which will be built on the area that is used as a parking lot, consists of 750 offices, 199-room hotels and 85 workplaces. In the project, 1 + 1, 2 + 1, 3 + 1 and 4 + 1 types of housing options are created. In Kurtköy Modern project, which is planned to be completed and delivered in December 2020, the areas planned as offices can be converted into residences according to the zoning plan.