Investment apartments in the historical part of Istanbul - Eyup

$ 65470

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Summary

  • Modern family project in the historic part of Istanbul.
  • Extravagant residence facilities with fully furnished guest quarters.
  • Modern innovations with fine architectural touches.
  • Walking distance to M7 metro line (Sisli) within 4 mins.
  • Malls and universities are within short distance.

About this project

Built on a huge land of 27,000 sqm, this will become a new landmark for the Eyup district of Istanbul. Consisting of 3 blocks, 170 apartments, and 8 commercial units, this will come a low density build with plenty of much needed green space. From 60 sqm to 174 sqm, there are 1-bed, 2-bed, 3-bed and 4-bed apartment options at the project.

The project provides a peaceful social life both in the city and nature via a Gym, playground, basketball court, hiking trail, cafeteria, mini movie theater, salt room, and many other such social activities. Open and closed swimming pools provided summer refreshment for the kids in the heat of Istanbul. As with all compounds, security and underground car parks are standard.

Eyup is a popular and rapidly changing central district of Istanbul. It provides a unique location advantage by its proximity to the new M7 Besiktas-Sisli metro line in Eyup Sultan. The E6 - TEM highway, Besikas - Kagithane tunnels, 1st and 2nd bridges, are within easy access by car. These links are amongst Istanbul's most important for vehicular access.

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

Facilities Breakdown

  • Salt Caves
  • Guest bedrooms
  • Basketball courts
  • Sauna
  • Underground parking
  • Turkish baths
  • Gym
  • Ornamental fountains
  • Child play areas
  • Child swimming pool
  • Indoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 65 sqm 65 sqm $ 65470 $ 86914
2+1 102 sqm 112 sqm $ 106606 $ 132819
3+1 125 sqm 136 sqm $ 114259 $ 138313
4+1 174 sqm 174 sqm $ 189847 $ 189847

- Price ranges last updated 20/04/2020
- 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
12 months 50% 0%

Distances

  • Istanbul airport 28 mins
  • Private Alibey Hospital 4 mins
  • Taksim 20 mins
  • Sultanahmet 25 mins
  • M7 Sisli - Besiktas Metro 4 mins walk
  • Isfanbul Mall 6 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.