Family apartments in Landmark project with easy metro access

$ 584148

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Summary

  • Mixed use project made up of residences and offices in Media Highway.
  • Full residential facilities for people of all ages.
  • Designer and quality interiors.
  • Media Highway is the next generation business district of Istanbul.
  • Glamorous city views.
  • A vast business district with billions of government investment on infrastructure.

About this project

Made up of six blocks on a land of 21,438 sqm, 3 of which are office blocks and the remaining 3 residential blocks, the project provides the peace of nature while also presenting the comfort of a modern urban life. This is a landmark project befitting of the Media Highway investment district.

This complex fulfills a real lack of supply of office space in the region, in what is a region of growing importance for Istanbul.

The project is developed in line with LEED Gold certification standards in mind to ensure an environmentlly sensitive complex with minimal footprint on the environment.

Facilities like restaurants, cafes, swimming pools and personalized training studios just a few minutes away from your office and your home.

Located just next to the Atatürk Airport, everything you are looking for is gathered in the project: A location that increases the investment value even more. E5 Highway and access roads, easy access by metro and metrobus. Shopping and social areas, educational and health facilities, international congress and fair venue, trade centers.

Media Highway is Istanbul's next generation business district, and this compound is located in Kucukcekmece. Kucukcekmece is home to some of Istanbul's natural beauties such as the Kucukcekmece lake, with its family friendly coastal lined cafes and restaurants. Kucukcekmece transformation is fully complete from factories and warehouses, to state of the art modern city living. 5-star hotels, college and university, large scale university private hospitals are all situated here now, and Kucukcekmece is a popular and well established quarter of Media Highway.

The M9 metro station linking the region to all parts of Istanbul, is just a 200 metre walk from the complex, opening in 2020. The high speed train link is a 10 minute ride, linking residents to all parts of the country via ultra modern high speed train. The new airport is directly north via the Media Highway, just 20 minutes away.

Facilities Breakdown

  • Sauna
  • Underground parking
  • 24 7 security
  • Gym
  • Ornamental fountains
  • Child play areas
  • Indoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
Studio 36 sqm 36 sqm $ 71749 $ 76824
1+1 52 sqm 91 sqm $ 96599 $ 193899
2+1 116 sqm 130 sqm $ 202649 $ 252699
3+1 257 sqm 267 sqm $ 584148 $ 656423
4+1 167 sqm 167 sqm $ 483698 $ 483698

- Price ranges last updated 07/06/2019
- 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 %40 0%
36 months 50% 0%

Distances

  • New Airport 35 mins
  • Starcity Outlet Mall 5 mins
  • Mall of Istanbul 10 mins
  • Private Safa Hospital 7 mins
  • Aydın University 5 mins
  • Taksim 35 mins
  • Sultanahmet 30 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).