A unique opportunity to own an apartment in a secure compound - a rarity in elite and wealthy Florya. Built on 21,337 sqm, the compound offers a huge plot of social facilities in the project, with a family-oriented design. In addition, with 1+1, 2+1 and 3+1 apartment options, it offers living spaces to suit all walks of life.
The project also provides easy access to the current airport, schools and hospitals. The Marmaray train line, which goes to all central parts of Istanbul, is in walking distance. The main artery of Istanbul, the E-5 Highway is closeby as is the metrobus line, and the coastal road for those who prefer sea transportation.
The project also includes 73 offices and 5 stores.
Atatürk Airport will close soon, making the area even more attractive to families. On the weekends, families are attracted into Florya with its lush green forests and clean sea coast, where people regularly swim.
|Type||Size (Min)||Size (Max)||Price (Min)||Price (Max)|
|1+1||86 sqm||92 sqm||$ 165915||$ 195694|
|2+1||107 sqm||110 sqm||$ 245554||$ 274312|
|3+1||199 sqm||204 sqm||$ 498043||$ 498043|
- Price ranges last updated 25/07/2019
- Prices are list prices and subject to discounts in accordance with the chosen payment plan and negotiation with the seller.
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.
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!