Branded compound in the best quarter of Media Highway

$ 278993

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Summary

  • Investment in an exclusive hotel services compound in Media Highway.
  • 5-star hotel concept facilities.
  • Offering customize of your flat.
  • Surrounded by universities, plazas, malls, and hotels.
  • Easy access to the city centre via the new M7 metro line.

About this project

This is a sophisticated and stylish residences adjoining two of the worlds leading hotel brands - Pullman and Mercure - and one of the biggest convention and performance centres of the city together with exhibition halls and facilities.

The detailed modern design and sophisticated infrastructure is prepared to serve you at your personalized home environment. Residences are offering privacy and individuality of a custom, one of a kind home with benefit of exclusive access to all services, privileges, and amenities of a unique upscale world-class urban resort.

After a long day in Istanbul you deserve to be spoiled in the 2,750 sqm Spa and Wellness centre with traditional separate Turkish Hamams for ladies and gentlemen together with saunas, steam rooms, lifestyle showers.

No last-minute stress to catch your plane; Get your shuttle and you are at the Istanbul International Airport in some minutes time and you are the only a couple of hours away to many cities of Europe, Asia, Middle East, and Africa.

Facilities Breakdown

  • 5 star hotel
  • House Keeping
  • Restaurant
  • Café
  • Sauna
  • Underground parking
  • 24 7 security
  • Lobby
  • Turkish baths
  • Spa
  • Gym
  • Ornamental fountains
  • Child play areas
  • Indoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 87 sqm 124 sqm $ 114336 $ 174720
2+1 105 sqm 473 sqm $ 141173 $ 642969
3+1 207 sqm 473 sqm $ 278993 $ 698880

- Price ranges last updated 06/12/2019
- 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%
12 months 50% 0%

Floor Types

Distances

  • Istanbul Airport 35 mins
  • Halkali Fast train network 10 mins
  • Sultanahmet train line 5 mins
  • Taksim 40 mins
  • Sultanahmet 30 mins
  • Atakoy Marina 15 mins
  • 6 malls within 10 mins

Regional information

Bahcelievler, meaning garden homes, is a traditional part of central Istanbul. Originally made up of short buildings with large gardens, today it is one of the most densely built up part of Istanbul. Yet with the middle classes showing serious growth in the region, the typical white collar family want to move out of the old style street apartments, into 21st century modern compounds with full facilities.

The region is mature, made up mostly of Turks that emigrated from other regions in the 60s and 70s. Today, 2nd and 3rd generation Turks are wealthier and expect modern compounds. Bahcelievler is a convenient location, especially parts that are close to the E5 highway, giving you easy access to the Airport, Taksim, and Sultanahmet. Turks love the area as they can get to key business zones, like Levent, Atakoy, and Sisli.

The premium part of Bahcelievler is the region that lines the E5 highway from the Zeytinbunu junction to the Atakoy Junction. Area to avoid would be Fevzicakmak, which is seriously congested and has little in the way of quality housing. The Yenibosna region shows promise, with it forming part of the Media Highway regeration zone. Pricing in Yenibosna is very low, and with a metro line coming in 2019, prices are expected to increase drastically.

Investment information

Somehow the developer has managed to secure this 40,000 square metre plot of land in a prime central location. The airport, major transport links, private hospitals, colleges and universities are all within walking distance.

The builder is renowned for creating world class serviced apartments, and this will be no exception. With hugely discounted pre launch pricing, investors are after the cheapest launch apartments. Engaged couples are buying at cheap pricing in the hope of moving in to a prestigious landmark development on completion in a few years.

This is the kind of development where serious investors come in early and sell before completion at 40-50% premium. By taking advantage of low entry pricing, the high demand in this part of Bahcesehir, this is a realistic attainable target. Long term investors will benefit from this being a commuter belt, with easy access to key landmarks around the city. 10% in rental income based on entry level pricing is expected (5-6% on actual market value).