Pure luxury. Two words to describe this incredible project. Located at the seafront in Ataköy, residents are the creme da la creme of Turkish society.
Rub shoulders with Istanbul's rich and famous, in what is Istanbul's most expensive project on a dollar per square metre basis. This prestigious developer has left no stone unturned in its desire for ultimate luxury. With foundations deep into the sea bed, the project encompasses a huge 150,000 square metre plot of land. Expect 7-star luxury, with inspiration for the apartment interiors taken from the seven-star hotel Jumeirah hotel, which is within the complex.
Award winning architecture is evident from all angles, with the imposing buildings almost commanding the Marmara Sea. Wide and tall glass windows blend living space seamlessly with the eternal sea views.
Landscaping and green space is huge, A+ commercial stores feed shopaholics, and endless facilities ensure boredom is impossible for residents. Cafe and restaurants are of the highest standard, and entertainment is provided within the complex - or walk just a few metres to the Galleria Mall and Ataköy Marina.
|Type||Size (Min)||Size (Max)||Price (Min)||Price (Max)|
|1+1||89 sqm||105 sqm||$ 812000||$ 961956|
|2+1||117 sqm||270 sqm||$ 1086500||$ 2470788|
|3+1||193 sqm||205 sqm||$ 1767292||$ 1959077|
|4+1||237 sqm||276 sqm||$ 2170034||$ 2627110|
- Price ranges last updated 18/11/2018
- Prices are list prices and subject to discounts in accordance with the chosen payment plan and negotiation with the seller.
This product is available as full payment in cash only, with short term payment plans by negotiation only.
Bakirkoy is one of Istanbul's oldest neighbourhoods, and can be found within touching distance of the historic peninsula. Hugging the Marmara sea coast, Bakirkoy is home to many branded malls, and dozens of large scale private hospitals. It's also home to two of Turkey's largest hospitals, as well as the elite Atakoy Marina - where the rich and famous come out to play. As such, this makes Bakirkoy one of Istanbul's wealthiest and richest in Istanbul, and therefore Turkey.
Boasting the highest concentration of university graduates, your neighbours will be high end upper class people. You will be surrounded by endless cafes and restaurants, and the traditional sea front part of Bakirkoy with its ancient market and avenues, is an absolute delight all hours of the day.
Istanbul's main airport, Ataturk International Airport, is expected to close once the 3rd airport is complete - once this happens, and the land it vacates is converted into a huge park, Bakirkoy's desirability will surge.
With the district being such a traditional part of Istanbul, demand for decent homes in Bakirkoy remains buoyantly high. The historic nature of Bakirkoy means that most homes are from the 60s and 70s, and this necesitates urban regenaration on a large scale.
Whilst most construction in Bakirkoy at the moment is like for like (older residents replacing apartment blocks with modern blocks), it means that supply is not as high as it may seem. The demand for high quality complexes remains high, with most wealthy Turks now wanting to be in a central location, but within a complex.
Space in central Istanbul is at a premium meaning price appreciation in a central Istanbul complex is always high. The effect of this is rental yield becomes lower than the Istanbul average, yet capital gain more than makes up for this over the course of your investment.
Bakirkoy prices surged with the opening of the Avrasya road tunnel under the Bosphorus, and is expected to surge once more, once the Marmaray under sea train line reopens - providing high speed train access to all over Turkey, Europe, even all the way to China. Potentially, one could ride a high speed train from Bakirkoy train station all the way to St Pancras in London!