Investment apartments in historic Eyup

$ 71471

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Summary

  • Delightful family compound in the heart of historic Eyup.
  • Residence facilities with shopping street theme.
  • Special designed interiors with quality ceramics.
  • Golden Horn, one of the oldest residential areas, surrounded by highways, schools, hospitals, malls etc..
  • Just a 15 minute drive to Taksim, all parts of the city are within short drive.
  • New M7 metro line to Sisli just a few mins away as is the new Tramway to the historic centre

About this project

This project is the perfect ecompromise between budget and location, suiting those who want easy city centre access, but with suburban prices.

Situated in the historic district of Eyup, the project is made up of five low rise blocks with 279 apartments. Careful consideration is given to nature, with lovely landscaping enjoyed by balconies, gardens, and terraces.

Architecturaly the project reflects Eyups millenia of history, combined with modern touches such as full height windows. With its specially designed ceramics and fixtures from bathroom to kitchen, apartments offer special elegant details. Materials of the interior decoration are top quality and products are all of the latest technology.

Social facilities are small but substantial, with all common features provided.

The project is just 500 metres from the new M7 metro line, which runs into central Istanbul (Sisli and Besiktas). The new Tramway, which runs to the historic city centre, is just a few minutes away.

Central Istanbul regions such as Beyoglu, Sisli, Besiktas, and Sariyer are within 10-15 minute drive even with traffic. This makes the area popular with Turks looking for easy access to central Istanbul. 

Facilities Breakdown

  • Basketball courts
  • 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)
1+1 60 sqm 60 sqm $ 71471 $ 74023
2+1 75 sqm 340 sqm $ 81681 $ 302901
3+1 120 sqm 340 sqm $ 122181 $ 303071
4+1 210 sqm 480 sqm $ 160810 $ 496213
5+1 280 sqm 355 sqm $ 269888 $ 338466
6+1 285 sqm 285 sqm $ 285884 $ 285884

- Price ranges last updated 07/10/2019
- 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
36 30% 0%

Distances

  • Ataturk airport 25 mins
  • Cevahir Mall 12 mins
  • Private Başarı Hospital 8 mins
  • Private Yeniyüzyıl Hospital 15 mins
  • İsfanbul Mall and Amusement Centre 5 mins
  • Taksim 20 mins
  • Sultanahmet 25 mins

Regional information

Eyup, where a legend was born. Named after Abu Aytyub al-Ansari, or Eyup Sultan in Turkey, Eyup Sultan was one of the first to attempt to conquer Istanbul, coming exceptionally close to the old Byzance walls of Istanbul. Eyup Sultan's remains lie at the Eyup Sultan Mosque, built many centuries ago, it still stands today, and is a must see for any tourist to Istanbul.

The district of Eyup is huge, spanning from the historic walls of Istanbul, all the way to the Black Sea in the north. Hence the region varies hugely, from run down factories and warehouses, to modern and luxury apartment residences. The centrally located Dugmeciler neighbourhood is the most modernised, with other locations still suffering from emtpy warehouses and factories awaiting their fate. Eyup's conversion from industrial to residential will complete by 2023, at which point it will become one of Istanbul's most desirable districts.

Investment information

Eyup is traditionally Istanbul's workhorse, with factories and warehouses all over the region. Low quality housing stock rose to support this industry, and as a result Eyup has suffered. The government has already spent billions on converting the neighbourhood, having built major road tunnels and rail links. This will continue, with three rail lines currently under construction - the Golden horn tramline, the M7 metro to central Istanbul, and the Vezneciler metro, which will again link the region for a third time to the historic peninsula.

These investments bring with them private investment, and empty industrial estates are being bought up by the big developers of Istanbul. The key is to research these new transport corridors and be near these - this is what Turks will demand once Eyup completes is conversion from Industrial to residential neighbourhood by 2023.

Gokturk is also technically part of Eyup, but is incredibly wealthy. It is home to large mansions and as a result distorts the statistics for Eyup significantly. Hence Eyup shows a huge range of people from working class, to elite upper class, mega rich.