Ready To Move
FOLKART NOVA
Konak, İzmir
Asking Price
$279,000
Gallery
58 m²Gross Area
49.3 m²Net Area
1, 2, 3, 4Bedrooms
37Total Floors
Q4 2024Delivery Date
The Story
Folkart Nova, developed by Folkart Yapı (part of Saya Holding), is an iconic 38-storey residential tower located in İzmir’s New City Center, Konak. Situated just 720 m from the Aegean Sea, the project features 176 premium apartments (1+1 to 4+1, including duplexes) and mixed-use commercial units.
Key Features
- Outdoor & Indoor Pools
- Sauna
- Steam Room
- Children’s play areas
SimplyTR Analyst View
"No analyst note available for this property."
S
Senior Analyst
SimplyTR Investment Team
Available Units
| Unit Type | Area (m²) | Price | Status |
|---|---|---|---|
| 1+1 | 58 m² | $279,000 | Available |
| 2+1 | 115 m² | $445,000 | Available |
| 3+1 | 150 m² | $600,000 | Available |
| 4+1 | 236 m² | $900,000 | Available |
Payment & Financials
Down Payment
50%
Installments
6 Months
Extra Costs & Fees
- Expert Report:1500 USD
Investment Analysis
5-year projection with property appreciation and 6% annual rental yield.
Annual Yield
5%
5-Year Growth
+30%
Rental Income (5yr)
$94,365
Projected 5-year value: $373,365 with cumulative rental income of $94,365. Total return: $467,730.
Acquisition Timeline
1
Bank Account Opening
Day 1
2
Contract Signing
Day 2-3
3
Appraisal Report
Day 4-7
4
Title Deed Transfer
Day 7-10