The next generation of mega complexes is here. Its concept is based on the Italian Boulevard complex and piazza style living – the boulevard providing expansive commercial space for round the clock living. Cafes, restaurants, fashion boutiques, banks, supermarkets, gyms, all within your reach via one elevator ride.
Interiors are ultra modern, and glass facades mean plenty of light coming into the apartment – those overlooking the valley are especially delightful.
It’s classic yet modern architecture; intermixed with large green space; overlooking an endless green valley; combine to make this a sought after, desirable location for the well to do middle classes.
The sheer size of the complex means its construction takes place over three phases, with full completion expected in 2019.
Launched amid much fanfare and publicity in late 2016, prices are still at the pre launch phase, meaning prices are well below the regional asking price.
|Type||Size (Min)||Size (Max)||Price (Min)||Price (Max)|
|1+1||58 sqm||92 sqm||$ 74000||$ 140000|
|2+1||96 sqm||149 sqm||$ 109000||$ 185000|
|3+1||135 sqm||181 sqm||$ 158000||$ 230000|
|4+1||200 sqm||269 sqm||$ 211000||$ 310000|
|5+1||233 sqm||283 sqm||$ 287000||$ 370000|
- Price ranges last updated 06/06/2019
- Prices are list prices and subject to discounts in accordance with the chosen payment plan and negotiation with the seller.
Bahcesehir, famous for being Istanbul’s garden city, and along with the district of Atasehir, the cleanest and most organised neighbourhood of Istanbul. Incorporated as an enclosed town for middle class professionals, its seeds can still be seen in the million dollar villa compounds, private hospitals, and huge Ak Bati Mall. Bahcesehir Park is a real family haven, with lake front restaurants and cafes providing peace and quiet. The construction of the E6 highway into the business district saw swathes of middle class Turks working in the city moving out to Bahcesehir, to give their families a relaxed and peaceful lifestyle away from the city centre.
With Bahcesehir experiencing high demand from Turkish middle class families, it has since it’s inception, been the target of investment at the pre launch phase. Low prices meaning most Turks prefer to buy in Bahcesehir, making rental performance below the average for Istanbul. Smart investors are taking advantage of the low pre launch pricing at this project, relying on the excellent reputation of the developer to perform, coupled with huge Saudi financial backing.
Capital gain in the short term is expected with the third airport just 20 minutes away opening in 2019. In January 2017, the Istanbul municipality surprisingly tendered the extension of the Mahmutbey- Sisli-Besiktas metro line, meaning a fast city centre metro link is expected by 2020. A further tender is expected extending the essential Marmaray rail link into Sultanahmet. This investment in infrastructure by the government means demand in the region is expected to peak around 2020, with prices continuing to peak towards this date.