Investment apartments at the sea front in elite Bakirkoy

$ 368910

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Summary

  • 10-block full secure family complex
  • Hotel style residence facilities
  • A unique design with aesthetically pleasing lines and functionality
  • Bakirkoy - intersection point of the city center and Marmara Sea
  • Amazing Marmara sea views
  • A few steps away to the coast

About this project

Built on a huge 62,373 sqm area the complex contains 7 residences, 2 hotels and 1 apart hotel, with a total of 10 block. Each block rises up to 17 floors with a maximum of 239 apartments per block, ensuring a low density uncrowded compound.

Terrace apartments on the upper levels bring the amazing view into the apartments, with wide living spaces on the interior.

The vast majority of apartments enjoy the fantastic Marmara sea view, including the Prince's islands, and on a clear day, all the way to Yalova.

Situated as it is in the historic district of Bakirkoy, the complex ensures excellent transport and local amenities. Bakirkoy is home to plenty of malls, shopping streets, private hospitals, colleges and Universities.

In terms of transportation the project offers an easy access to both sea, land and air transportation. The superbly modernised Marmaray railway is Istanbul's backbone, offering access to all major coastal towns of Istanbul, and Taksim within 10 minutes. The Eurasia tunnel runs under the Bosphorous like its brother the Marmaray, ensuring access to the Asian side in 10 minutes, whereas before it would've taken an hour.

The elite Ataköy Marina is 1 km, E-5 is 3 km, Eurasia Tunnel is 6 km and Bakirkoy shopping district is 2 km away.

Facilities Breakdown

  • Sauna
  • 24 7 security
  • Gym
  • Walking parkour
  • Ornamental fountains
  • Child play areas
  • Child swimming pool
  • Indoor swimming pool
  • Outdoor swimming pool
  • Football courts
  • Basketball courts
  • Tennis Court

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 85 sqm 136 sqm $ 368910 $ 706645
2+1 147 sqm 171 sqm $ 603726 $ 907325
4+1 290 sqm 310 sqm $ 1367310 $ 1459201
5+1 337 sqm 363 sqm $ 1962903 $ 2183272

- Price ranges last updated 09/10/2019
- 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 40 mins
  • National Park 5 mins
  • Galleria mall 3 mins
  • Acibadem private hospital 4 mins
  • Sheraton Hotel 4 mins
  • Sea coast - a few steps
  • Atakoy Marina 2 mins
  • Taksim 15 mins
  • Sultanahmet 10 mins
  • Most famous landmarks within 10 mins

Regional information

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.

Investment information

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!