Oriental luxury comes to the Media Highway investment district

$ 265,000

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Summary

  • Oriental hotel concept project in next generation Media Highway
  • Super luxurious hotel facilities
  • Clean interiors with modern lines
  • Surrounded by universities, plazas and hotels
  • Easy access to the city centre via the new M7 metro line

About this project

320 luxury residences rise in the towering 32 floors of this Oriental project which will double as a hotel residence quarters. Managed by the experienced Wanda staff, the residences will deliver the comfort of a luxurious home along with extraordinary services and facilities of a high-end hotel.

The cutting edge technological approach that shapes the construction is visible. Two soaring towers make an architectural statement.

One of these towers was designed by the world famous architect Phillipe Starck, and is fully sold out. The second tower and podium area that serves as a connection between the two towers serves the Wanda hotel, and is delivered with a rental guarantee.

The project is situated in Bağcılar, a fast developing area with modern and upscale buildings. The area stands in between the major highway connections and also offers easy access through the means of public transportation.The project is on Media Highway, at a point where urban transportation network is very widespread. Access roads to 3rd Bridge, main arterial roads such as TEM and E-5, public transportation alternatives such as metro and Metrobus are centered around the project.

Facilities Breakdown

  • Meeting rooms
  • Restaurant
  • Underground parking
  • 24 7 security
  • Spa
  • Gym
  • Indoor swimming pool
  • Outdoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 63 sqm 99 sqm $ 265000 $ 395000
2+1 106 sqm 106 sqm $ 420000 $ 420000

- Price ranges last updated 10/06/2019
- 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

  • National park 7 mins
  • 212 Mall 3 mins
  • Private Medicine Hospital 4 mins
  • Metrobus 7 mins
  • Metro 5 mins
  • Taksim 35 mins
  • Sultanahmet 30 mins
  • Altınbaş University 5 mins
  • Coast 12 mins

Regional information

Bagcilar is your typical Turkish neighbourhood, with traditional bakers, butchers, grocers, cafes, & restaurants all forming the make up of this popular region. A historically industrial neighbourhood, the regions demographic look changed over the last ten years, with most industry moved northwards into Basaksehir, and westwards into Esenyurt. Working class families moved with the industry, and in their place middle class families needing to be close to white collar moved in. A move into Bagcilar, means you will enjoy decent family life, with easy access to endless malls, private hospitals, and private colleges. The titanic proportioned Mall of Istanbul started the glamour in the region, and since many malls have joined in. The portion lining the Media Highway, is where Turks are currently flocking to – with the highway providing easy access to both major highways, to the Atakoy Marina on the coast, and of course Ataturk airport is always a maximum 15 minutes away.

Investment information

Bagcilar is prime investment ground in Istanbul right now. The Media Highway is undergoing huge transformation, converting from industrial to largely commercial. The government is dedicated to converting the region to commercial, to match and even exceed the current business district in Levent – Maslak.

With much of this transformation underway, the remaining conversion is anticipated to be completed by 2023. The largest part of this public investment is the M9 Ikitelli Atakoy metro line, providing needed relief to the Media Highway.

Linking the region to Atakoy, one of Istanbul’s most expensive and elite districts, means residents will want to be close to a station, and residences within walking distance will appreciate the most – this complex has its own entrance into the M9 metro line!

With so much commercial skyscrapers coming up, residential stock is at a premium and in large demand. Bagcilar shows large variation in prices, and hence the smart investor can really target portions that have not appreciated the same as neighbouring areas.