Budget apartments in sought after Media Highway

$ 67963

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Summary

  • Single-block residence tower in business centre.
  • Comfortable social facilities.
  • Spacious apartments with traditional balconies.
  • Easy access from the airport and to Mall of Istanbul.
  • Walking distance to the new Sisli - Taksim metro line.

About this project

This boutique compound is designed to take advantage of the bourgeoning business district of the Media Highway. Apartments are designed for students, businesspersons and small families - with the aim of attracting local white collar staff. The building is finished to modern standards, with standard residence facilities - 24-7 security, Gym, pool, underground parking and a decent sized garden.

This single block tower will eventually become part of a four tower complex, which will include expanded facilities, ground level commercial stores, and larger internal gardens for residents.

Situated in Mahmutbey, the residence is ready to take advantage of the growing Media Highway business district. Brand name five star hotels (Wyndham Hotel, Holiday Inn, Clarion Hotel), Hospitals (1,5 km to Medipol University Hospit, business and shopping centers (500 m to 212 shopping center, 1,5 km to Mall of Istanbul) give clues about its investment value.

The complex is excellently located for transport, rising at the intersection of two major streets, TEM and Basın Ekspres Highways, and within walking distance of the major Mahmutbey metro interchange. Here, the M3 metro line to Bakirkoy, and most importantly, the M7 metro line to Sisli-Besiktas, provide excellent transport options to all parts of Istanbul.

Not forgetting, the Media Highway provides one straight highway directly to the new airport within 25 minutes.

Facilities Breakdown

  • 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 85 sqm 95 sqm $ 67963 $ 76733
2+1 95 sqm 115 sqm $ 78925 $ 93541

- Price ranges last updated 03/03/2020
- 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

  • Istanbul airport 25 mins
  • Mall of Istanbul 7 mins
  • Medipol private hospital 5 mins
  • Taksim 30 mins
  • Sultanahmet 40 mins
  • Atakoy Marina 15 mins
  • Sisli Metro line 3 mins

Regional information

Bagcilar is your typical Turkish neighbourhood, with traditional bakers, butchers, grocers, cafes, & restaurants all forming the make up of this popular region. A historically industrial neighbourhood, the regions demographic look changed over the last ten years, with most industry moved northwards into Basaksehir, and westwards into Esenyurt. Working class families moved with the industry, and in their place middle class families needing to be close to white collar moved in. A move into Bagcilar, means you will enjoy decent family life, with easy access to endless malls, private hospitals, and private colleges. The titanic proportioned Mall of Istanbul started the glamour in the region, and since many malls have joined in. The portion lining the Media Highway, is where Turks are currently flocking to – with the highway providing easy access to both major highways, to the Atakoy Marina on the coast, and of course Ataturk airport is always a maximum 15 minutes away.

Investment information

Bagcilar is prime investment ground in Istanbul right now. The Media Highway is undergoing huge transformation, converting from industrial to largely commercial. The government is dedicated to converting the region to commercial, to match and even exceed the current business district in Levent – Maslak.

With much of this transformation underway, the remaining conversion is anticipated to be completed by 2023. The largest part of this public investment is the M9 Ikitelli Atakoy metro line, providing needed relief to the Media Highway.

Linking the region to Atakoy, one of Istanbul’s most expensive and elite districts, means residents will want to be close to a station, and residences within walking distance will appreciate the most – this complex has its own entrance into the M9 metro line!

With so much commercial skyscrapers coming up, residential stock is at a premium and in large demand. Bagcilar shows large variation in prices, and hence the smart investor can really target portions that have not appreciated the same as neighbouring areas.