Affordable apartments in the heart of the city - Topkapi

$ 105314

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Summary

  • Luxurious boutique project located in Topkapi
  • LX residence facilities
  • Spacious apartments with modern concept
  • Topkapı - in the heart of Istanbul, intersection point for transportation network
  • Metro, metrobus, marmaray, Avrasya Tunnel all are within short drive distance
  • Colorful city and landscape views
  • Located in Zeytinburnu one of the most profitable locations in Istanbul

About this project

This traditional looking boutique project offers investors access to the crossroads of Istanbul. This is a typical street-level block with full facilities on board. This development is 100% about the location - don't expect astounding views here.

Located in Topkapi, the region is ideal for students and white-collar families alike. Surrounded by major hospitals and universities, the Topkapi area has a constant demand for rental and resale property.

The complex consists of 156 apartments in 2 blocks on an area of 5,000 m² and with one bed, two bed, and three-bedroom options. The ground level is made up of shopping stores and a large green area. Underground and outdoor parking is provided as well, In addition to child play areas, swimming pool, Turkish bath, fitness room, library and cinema hall.

The Topkapi region is also a significant business district. It hosts six universities, two of them amongst Turkey's and the worlds most recognised - Istanbul Technical University, and Koc University Medical Campus. Together, these universities account for over 100,000 students.

Fun and games are on offer with plenty of malls. The Golden horn is just minutes away with its historic Eyup Sultan's mosque. Sultanahmet is just a few minutes drives - or you can jump on the historic tramway... The list of opportunities is endless!

Facilities Breakdown

  • Basketball courts
  • Sauna
  • Underground parking
  • 24 7 security
  • Turkish baths
  • Gym
  • Ornamental fountains
  • Child play areas
  • Indoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 52 sqm 52 sqm $ 78507 $ 78507
2+1 69 sqm 69 sqm $ 105314 $ 105314
3+1 139 sqm 139 sqm $ 213240 $ 213240

- Price ranges last updated 08/11/2019
- Prices are list prices and subject to discounts in accordance with the chosen payment plan and negotiation with the seller.

Payment Plan

Months Deposit Discount
24 months 50% 0%
0 100% 14%

Floor Types

Distances

  • Istanbul Airport 40 mins
  • Bagcilar education and research University 5 mins
  • Yildiz Technical University 3 mins
  • Istinye University 3 mins
  • Private Koc University Hospital 3 mins
  • Metrobus station 3 mins
  • Metro 3 mins
  • Marmaray 4 mins
  • Avrasya tunnel 5 mins
  • Forum Istanbul Mall 6 mins
  • Axis Mall 3 mins

Regional information

Zeytinbunu is a traditional working class district of Istanbul, with the exception being the coastal route. Several recently completed projects have priced the working class out of the region.

Zeytinburnu is traditionally the container district of Istanbul, with many dockyards and storage depots. These are undergoing huge transformation, with this part of Istanbul's commerce now strictly in the suburbs. With such large empty space comes elite and expensive compounds like this one.

The region is losing its working class tag and now converting into a premium city centre district. Surrounded as it is already by wealthy districts like Bakirkoy and Atakoy, Zeytinburnu is now catching up.

Koc university hospital is a few minutes and is one of Turkey's pioneering hospitals - a pioneer in the medical field.

With key touristic sites just minutes away, this location is under extreme demand, and has always been throughout Istanbul's past.

Investment information

Pockets of Zeytinburnu are extremely cheap, due to still housing the working classes. Other areas like Topkapi, and the coastal neighbourhoods, are pressing ahead with prices.

The coastal route's outstanding location mean rental return is higher than usual, down to the huge university, major hospitals and colleges, and of course a major transport interchange. A significant investment will come after 2020, with a new major cross continent metro line planned, but this is a medium term project, and won’t affect prices significantly until at least 2020.

The recently completed undersea rail and road tunnels have added a premium to the area. In 2018, Istanbul's high speed train line will complete, and a station is planned in the region, ensuring prices will experience a bump.

Rental returns are higher than the Istanbul average due to the multiple public transport nodes, the huge university, and the Koca university hospital. Of course its outstanding location ensures strong demand from all sectors.

An investment here is about as safe as it can get in Istanbul, with solid rental returns and capital gains expected.