Boutique complex in the hills of elite Tarabya

$ 642560

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Summary

  • Stunning panoramic views over the hills of Tarabya and the Bosphorous
  • Spacious gardens spread over 2,300 sqm
  • Incredible interior finish and quality
  • Tarabya is an elite and low rise quarter of Sariyer, just 10 mins from the business district in Levent
  • Istinye park mall is just 10 minutes away
  • Outdoor pool, Gym, sauna, child play areas, and full security

About this project

The apartments are installed with smart home technology, with smart phone control enabled. Materials used are Italian throughout. This apartment comes with Bosphorus views from the living room, as well as the master bedroom. The master bedroom is provided with an en-suite bathroom, as well as a large terrace.

The complex is small, yet offers facilities that larger compounds neglect. An outdoor pool, fully equipped gym, Sauna, child play areas and full security is on offer. This apartment has three dedicated parking spots underground.

Tarabya is a region of natural beauty, protected from over construction by the famous Bosphorus planning committee. Large scale compounds are forbidden as are high rises, creating a haven just 10 minutes from the business district.

Istinye park Mall is just ten minutes away, and the Bosphorus sea front is just a short ten-minute drive. A British school serves the area, just a few minutes’ walk away.

Monthly maintenance fees are 900 TL.

Note the photos are from when the apartment was empty, it is currently fully furnished, but will be provided as new on completion of the purchase.

Facilities Breakdown

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

Payment Plan

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

Distances

  • New airport 20 mins
  • Istinye Park 5 mins
  • Acibadem private hospital 5 mins
  • Taksim 20 mins via metro
  • Sultanahmet 30 mins via metro
  • Bosphorous 3 mins
  • Kilyos beach 15 mins
  • Haciosman forest 1 mins

Regional information

The local region is a protected forest zone - you will literally be inside a valley surrounded by forests. Formerly an industrial region, the empty plot has been developed into an area of outstanding natural beauty. With no further development permitted, your forest view will never be spoiled.

Althought technically in Sariyer, this is an undeveloped forest region of Istanbul. This is a neighbourhood of a selected few complexes of this type, and hence feels a million miles away from Istanbul - yet you are with 10 minutes of major landmarks like the Bosphorus, top class schools and private hospitals, the huge Istinye park mall, and Turkey's biggest football team (Galatasaray).

With no further development allowed in the region, complexes have tried to cater for every single possibility - an on site mall, markets, dozens of restaurants and cafes, offices, and endless facilities.

Sariyer, in general, is home to the most expensive real estate in Istanbul. It is truly home to the upper classes of Istanbul.

This is truly an elite complex targeting the middle and upper class society of Istanbul.

Investment information

Sariyer is home to the most expensive real estate not just in Istanbul, but probably in the world. With Bosphorus front villas changing hands for over 80 million dollars, Sariyer is up there with Champs-Elysees, Paris and Hampstead, London. With the most of Sariyer falling into a protected zone of Forests and the Bosphorus protection zone, supply of genuinely high grade homes is limited. Bosphorus front villas rarely change hands, and construction is limited in general to two storeys.

Very rarely, in areas like Maslak, and Seyrantepe, tall skyscrapers have been allowed - yet these will be restricted to a very small number. Hence upon completion, high quality complexes will be in short supply, yet demand remains very high.

This has pushed prices in the region, and this means rental yield is below the Istanbul average. A purchase in this region from an investment aspect will be based on the capital appreciation, and not the yield. Expect excellent capital appreciation in the double digits each year, and expect to be able to sell your home here a lot sooner than other regions of Istanbul.