investment apartments in the Media Highway investment zone, just footsteps from the new metro

$ 82670

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Summary

  • Full secure boutique compex in a central location
  • Modern residence facilities
  • Unique architectural designer interiors
  • Surrounded by hospitals, schools, restaurants - a ready to move family area
  • Colourful landscape and city views
  • Easy access to central Istanbul, with Taksim just 20 minutes away
  • Metro just a few hundred metres away, airport within 4 mins

About this project

With its unique architecture, comfortable apartments and unbeatable privileges, this complex offers families and investors both a lucrative and enjoyable life with 1+1, 2+1 and 3+1 apartment options. 110 apartments with sizes ranging from 72 sqm to 142 sqm provide you with the privileges of indoor parking, indoor swimming pool, fitness, Turkish bath, sauna, children's play rooms and hobby rooms.

This compound offers it residents the opportunity to reach all parts of Istanbul with ease. You can choose your daily travel with a few options, not just one. Located on the E5 highway, TEM and the Ataturk Airport are just 4 minutes away. The complex is a short distance to the Media Highway road, the most important link between the E5 and TEM highways. Media highway also heads northwards to the new airport in under 25 minutes. The complex is adjacent to one of the most active stops of the M9 Ataköy-Halkalı metro.

The project, one step further from the city's most colorful shopping centers, offers easy access to education, health and public institutions.

Part of the Media Highway regeneration program, this complex will provide important residential support to Istanbul's next generation business district. Residential complexes in the region are expected to show exceptional price growth over the next 5 years, as Media Highway completes its transformation into a world class business district.

Facilities Breakdown

  • Hobby room
  • Sauna
  • Underground parking
  • 24 7 security
  • Turkish baths
  • Gym
  • Child play areas
  • Indoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 72 sqm 72 sqm $ 82670 $ 86122
2+1 114 sqm 115 sqm $ 131858 $ 137898
3+1 142 sqm 142 sqm $ 169137 $ 169482

- Price ranges last updated 18/11/2018
- 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

  • Ataturk airport 4 mins
  • Metrobus 3 mins
  • Yenikapı - Atatürk airport metro 6 mins
  • Starcity Mall 3 mins
  • Private Safa Hospital 4 mins
  • Kültür University 5 mins
  • Taksim 40 mins
  • Sultanahmet 35 mins
  • Sea coast 10 min

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).