Print
version
version
420 856 €
Please use property search to find similar property or leave a request for Prian.info subscribers.
420 856 €
| Sale price | 420 856 € |
| Price per square meter | 3 507.13 € |
| Floor area | 120 sq.m |
| Construction phase | New building |
| Date of construction | 2018 |
| Address | Turkey, Istanbul |
| Location | within the city |
| Profitability | |
|---|---|
| Annual return | 7 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
| Annual income | 29 460 € |
|
Annual rental revenue, excluding operating expenses |
|
| Business expenses | |
|---|---|
| Not included in the price | |
| Tax | 2 % |
| Other expenses | 2 % |
| Total expenses | 16 834 € |
Suites in a 5* hotel in an elite area of Istanbul.
After purchasing a room, the investor receives income, which will depend on the occupancy rate of the hotel and profit (Rent pool system). On average, the yield will be 7% per annum.
The contract is valid for 20 years. At the same time, the investor does not incur any operating costs – he simply receives income.
The owner of the room and his family will be able to obtain Turkish citizenship within a few months after purchase.
