This is a pre launch opportunity - early investors must take note.
This huge compound is situated in Topkapi, a region of major importance for Istanbul. Just minutes from the world famous Fethikapi, the gate at which Istanbul was finally conquered by the Ottomans in 1453! The location is of true historic importance in Istanbul. Today, Topkapi is the crossroads of Istanbul, as well as an elite residential and business district.
The compound is a residence, offering full private residence facilities - the list is endless and can be found below. The compound is designed as a mixed use residence, providing facilities fit for all ages, from toddlers to retirees. Quality is of the utmost importance, and is demanded by the area, where similar residences have been finished to 5 star standards.
Offices are kept seperate to the residential units of course, with all blocks having unique entrances, facilities, and security. The ground level is made up of nearly 300 commercial units, making up an open air mall. This will ensure the project will serve as a landmark for the region.
Topkapi is where several modes of Transport meet - the M1 airport metro line, the metrobus, and the T1 old city tram line. Further modes are planned for the coming years including a cross Bosphorous major railway line, and will again meet at Topkapi. The compound is zero to the E5 highway - which for Turks is of exceptional importance.
The region is also a major business and education district. Whilst there are six universities, two of these are amongst Turkey's and the worlds most recognised - Istanbul Technical University, and Koc University Medical Campus. Together, these universities account for over 100,000 students.
Furthermore, the region is home to the major hospitals of Istanbul, with over ten private hospitals, as well as the HQ for all government state hospitals of Istanbul. Private schools and colleges surround the area heavily, due to the average income of the region being multiple times higher than the average of the city.
Topkapi is home to similarly sized compounds, priced at well over double the price of this pre launch opportunity - hence this project represents an immense investment opportunity. Prices will more than double over the course of the construction to meet the local pricing bracket. As a pre launch project, serious investors should apply early, to snap the best apartments at the lowest possible price.
|Type||Size (Min)||Size (Max)||Price (Min)||Price (Max)|
|1+1||61 sqm||77 sqm||$ 101334||$ 139574|
|2+1||90 qm||198 sqm||$ 135576||$ 341722|
|3+1||144 sqm||230 sqm||$ 219877||$ 399951|
|4+1||193 sqm||312 sqm||$ 320691||$ 624695|
- 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.
This product is available as full payment in cash only, with short term payment plans by negotiation only.
Topkapi forms part of the Zeytinburnu district. Whilst parts of Zeytinburnu are low working class, Topkapi is the exception, form the most expensive part of the district – nearly twice as expensive on average as the rest of Zeytinburnu. Topkapi is well organised, and a firmly Turkish middle class neighbourhood.
The main reason for this is the huge University campus, which is surrounded by secure apartment complexes. Its easy connections into all parts of Istanbul – it is almost equidistant to all major landmarks – make it popular with all buyer types. Malls, private hospitals, and private colleges are a plenty, meaning families want to be placed within good distance of their main needs.
Koc university hospital is a few minutes and is one of Turkey's pioneering hospitals - a pioneer in the medical field.
With key Istanbul sites just minutes away, this location is under extreme demand, and has always been throughout Istanbul's past.
The region is currently at a peak in pricing, with this complex priced below the local market value. Gains can still be made here with the right negotiation. A mature and already wealthy neighbourhood means that this region will continue to tick over at the average price rise of Istanbul.
Its outstanding location mean rental return is higher than usual, down to the huge university, major hospitals and colleges, and of course a major transport interchange at Topkapi station. A significant investment will come after 2020, with a new major cross continent metro line planned, but this is a medium term project, and won’t affect prices significantly until at least 2020.
Rental returns are higher than the Istanbul average due to the multiple public transport nodes, the huge university, and the Koca university hospital. Of course its outstanding location ensures strong demand from all sectors.
An investment here is about as safe as it can get in Istanbul, with solid rental returns and capital gains expected.