Apartment complex in elite Bakirkoy

$ 205942

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Summary

  • Splendid Marmara sea views
  • Popular wealthy location in Bakirkoy
  • Designer branded interiors of the highest standard
  • Ergonomic and aesthetic apartments
  • Walking distance to high speed train station

About this project

Just a stone’s throw from Istanbul’s prestigious Central park project, this complex is built to the highest of standards - befitting of the area’s wealth and high standards. Bakirkoy is one of Istanbul’s elite districts, and part of the elite coastal zone of central Istanbul.

Apartments are spacious, with delightfully wide windows providing plenty of light. Orientated directly south, it ensures the majority of apartments are south facing - an important aspect in the summer heat of Istanbul.

Despite being on a small footprint of land (just under 10,000 sqm), the developer has not skimped on facilities.  Maximum usage of space ensures full fitness and pool facilities, and ground level space is dedicated to commercial stores.

All your needs can be reached in just a few steps without attracting traffic. With sports facilities, you can enjoy your health, social facilities and pleasure with the pool, your peace of mind with security arrangements, perfect landscaping, your children's joy with playgrounds, energy with sauna and Turkish baths.

A traditional shopping district, Bakirkoy is a hidden secret amongst Turks. As established as Taksim or Bagdat Avenue, Bakirkoy offers a wealth of malls and commercial high streets.

This complex is just opposite the Veliefendi Hippodrome, which will become part of the Central Park Istanbul project – one million square metres of park! This project promises a pleasant life in a central place like Bakırköy, with a view of the sea far from the noise of the city.

The project is located 3 minutes from the coast, the E-5 highway and  Metro Station and 8 minutes from Ataturk Airport. Also it is 10 minutes away from Istanbul's historical places such as Sultanahmet, Grand Bazaar, Topkapi Palace and Hagia Sophia

Facilities Breakdown

  • Mall
  • Sauna
  • Underground parking
  • 24 7 security
  • Turkish baths
  • Gym
  • Child play areas
  • Child swimming pool
  • Outdoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
2+1 87 sqm 118 sqm $ 205942 $ 266630
3+1 128 sqm 161 sqm $ 290588 $ 433412
4+1 198 sqm 217 sqm $ 480549 $ 607010

- 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.

Payment Plan

This product is available as full payment in cash only, with short term payment plans by negotiation only.

Floor Types

Distances

  • Ataturk Airport 8 minutes
  • Veliefendi Hippodrome 3 minutes
  • Bakirkoy Sea bus 3 minutes
  • Zeytinburnu Metro Station 3 minutes
  • E5 highway 3 minutes
  • GrandBazaar, Sultanahmet,Ayasofya 10 minutes

Regional information

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

Investment information

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

Developer Background

Founded in 1980 by this developer has grown on strong foundations as a family institution. This developer has added its signature to small to medium sized complexes all over Istanbul, from Beylikduzu to Bakirkoy.

Today, the developer is highly experienced in delivering residential complexes on time, designed along the lines of Modern architecture. It has added commercial offices, and shopping centres to its expertise, and is fast becoming a recognised brand in Istanbul