UNIVA Student Housing Project, launched in Turkey by Erkanlı Holding, stands out as a new generation high-profit real estate investment. The aim of the project is to increase college students’ quality of life to world standards throughout their education life and provide investors a profitable investment model. The first three spots of UNIVA in Turkey are Sakarya, Kocaeli, and Düzce.
The project was born and developed to handle the accommodation problem arising from the insufficient supply with the increasing number of students. According to the statistics, an average of 400.000 college students is added to the number of existing students each year. In Turkey, the number of beds in dorms that are provided by the state and the private sectors is 1 million for about 4 million students. So, approximately three and a half million students in 206 universities in Turkey run into accommodation problems. This means, most of these students have to live in conditions below their expectations.
In recent years, researchers, which focused on the accommodation needs and expectations of university students, show that students are not satisfied with the living conditions of the current dorms because of the insufficiency of living spaces required for both their academic and personal development. So, they care and give priority to the social facilities in their dormitory preferences.
Long-Term Investment with a Constantly Increasing Value
UNIVA is creating living areas right next to the universities and where the number of dorms and physical conditions are insufficient for students. So, the project promises even to the investors with relatively low budgets, by turning low savings into high returns with regular and increasing rental income. The most basic earnings promised by UNIVA to the investors is as follows;
• Minimum 8% rental guarantee for 5 years
• Return on investment starting around 8 years
• An estimated 65% increase in value until entering into service
• Suitable for obtaining Turkish Citizenship
Note: The project is suitable for obtaining citizenship but not for a residence permit. The buyer cannot live in the unit and has to rent it to a student.
Rıza Erkanlı, Chairman of Erkanlı Holding, pointed out that they implemented the first project in Sakarya, which cost 160 million TL, and the other projects in Kocaeli and Düzce are worth 215 million TL. He stated, "The first sale in the project in Sakarya was 125.000 TL. Now it has increased to 435.000 TL. At a time when sales in real estate are stalled, the need for student houses and the location of the project increases the value.”
Erkanlı continued that they launched such a project because of the insufficient number of dorms in Turkey. Also, their living conditions were not meeting the expectations of families and students. He added that they are planning to implement Univa projects also in Istanbul and Izmir.
Safe Real Estate Investment with High Profit
Erkanlı Holding and Tekce Overseas Gayrimenkul AŞ, the leading real estate company in Turkey, collaborated on the marketing and sales of UNIVA projects. Bayram Tekçe, Chairman of Tekce Overseas Gayrimenkul AS, stated that they see UNIVA as a safe and profitable investment opportunity for real estate investors. It provides a significant advantage by offering at least a double rental income when compared to traditional real estate investments. The project promises buyers with low savings the opportunity to become an investor.
UNIVA Allows to Meet All the Needs of a Student in One Place
As mentioned before, the first three locations of UNIVA in Turkey are Sakarya, Düzce, and Kocaeli. The projects aim to improve students’ living standards in dormitories while promising maximum income to the investors. They are all located near to the universities on a large area of land in the cities. Also, they have their own management systems that run the entire business such as finding tenants, dues, and maintenance and repair. The detailed information of the projects in each city is as follows:
The demand in Düzce is high for student dormitories because the current ones enable to meet only 32% of the approximately 58.000 students in the city. The project is planned as a giant campus on an area of 34.711 m² that is just near Düzce University.
The project consists of 567 flats with a capacity of 1.701 beds. The flats are 60 m² in which three students can live comfortably. All student flats are fully furnished and equipped with the latest technology.
To add, the project consists of health services, study rooms, a library, outdoor sports areas, photocopy center, fitness hall, hobby rooms, music & art rooms, laundry & ironing room, dining hall, indoor swimming pool, Mosque, recreation areas, dry cleaner, and hairdresser.
The sale price of a housing unit is 340.000 TL.
In Sakarya, the current dorms can meet the demand of only %34 of the approximately 100.000 students. The UNIVA campus in Sakarya is built on a surface area of 58.336 m², just near Sakarya University.
The student housing project consists of 808 flats with a capacity of 2.424 beds. The flats are 45 m² in which three students can live comfortably. All dwellings are fully furnished and equipped with the latest technology.
The project has a health service, study rooms, library, open-air sports fields, photocopy center, fitness hall, hobby rooms, music & art rooms, laundry & ironing room, dining hall, indoor swimming pool, Mosque, recreation areas, dry cleaner, and hairdresser.
The sale price of a housing unit is 435.000 TL.
The dorms in Kocaeli are insufficient to meet the needs of the students which are approximately 81.300 students. The campus is built on a 26.305 area of land, which is just 2 mins away from Kocaeli University.
The project consists of 262 flats with a capacity of 786 beds. The flats are 60 m² in which three students can live comfortably. All dwellings are fully furnished and equipped with the latest technology.
The project has study rooms, library, outdoor sports areas, fitness center, music & art rooms, laundry & ironing room, dining hall, recreation areas, and hairdresser.
The sale price of a housing unit is 495.000 TL.
Note: These properties can be used only for student housing. Only students are allowed to live on these properties. The owner has no right to move into them.
By investing in student housing, you will maximize your profit and support the future.
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