Prestigious mega complex stores in central Istanbul

$ 910405

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Summary

  • Landmark central Istanbul apartment residence.
  • Pre launch project offered to early investors.
  • Apartments, offices, and mall all within.
  • Family area with all amenities in walking distance.
  • Walking distance to metro, metrobus, E5 highway.
  • Major hospitals, colleges, universities in walking distance.

About this project

Investors take note - this is a major developer renowned for its central Istanbul projects. This project is at the pre launch phase and is collecting early interest. Turkish investors buy with this developer without hesitation - the developer's Istanbul market analysis is notorious and envied throughout Istanbul.

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 development is made up 10 blocks. Targeting a mix used facilities, with residential, offices, and a large ground level mall. Intelligent use of space sees the malls roof top accessible to residents, as garden space.

This uber modern complex boasts some of the best and most expansive facilities you're likely to find in central Istanbul - usually such large facilities are kept in the suburbs, with central projects trying to squeeze more space for apartments. Not here. Residents will be delighted with the sheer range and number of facilities on offer.

With space at a premium, the architect has made intelligent use of space, allocating garden space on the roof top of the ground level mall. Green space is rare in central istanbul - 25,000 square metres of green space to enjoy is exceptionally rare. Children can explore endlessly with families safe in the knowledge of being in a secure compound. This builder not only embarks on world class projects but creates world class facilities - with over 50 types of additional facilities, residents will rarely spend time in their apartments.

Take an elevator ride to the ground floor to enjoy the open air mall, with its range of cafes and restaurants. Not enough? This mature neighbourhood enjoys a high density of top class cuisine and al fresco dining.

Apartment interiors are of the highest quality, as is always the case with this firm. Designed along avantgarde lines, with modern touches. Warm colours are used throughout, with genuine marble surfaces, and real wood flooring and cabinets. Exterior design is by the world renowned SPDO architects of Dubai, with glass facades tempered with live floral balconies, spread over 9,000 square metres.

Finishing the compound off is 5,500 square metres of ornamental pools, truly reflecting the districts traditional name of Garden homes - Bahcelievler.

Facilities Breakdown

  • House Keeping
  • Sunbathing terraces
  • Music room
  • Playstation room
  • Indoor Cinema
  • Football courts
  • Gym
  • Open air cinema
  • Outdoor swimming pool
  • Meeting rooms
  • Party room
  • Art room

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
Store 254 sqm 1054 sqm $ 910405 $ 3768399

- Price ranges last updated 23/07/2019
- 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.

Distances

  • Ataturk airport 10 mins
  • Marmara Forum mall 7 mins
  • Koc private hospital 1 min
  • Taksim 15 mins
  • Sultanahmet 10 mins
  • Atakoy Marina 10 mins

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).

Developer Background

One of Istanbul's major developers, they don't do small fish. Developments with this developer come in XL size, and architecturaly they always aim to impress. Every project they undertake is designed by a world famous international architect. Hence superficially projects look magnificient and imposing - well suited to the grand old city of Istanbul.

They don't stop at the superficial - interiors are always of the highest grade. Despite building thousands of apartments in one go, the designers ensure every apartment is finished to 21st century standards. Most apartments are finished to a 5 star hotel quality.

Complex facitilies are where this developer excels - no developer puts as much effort to the sheer range and quality of facitlies. For this reason, investors flock and follow this developer around, safe in the knowledge that rental will always be healthy.

This developer only competes in central Istanbul - they know where they can add real value to investors, and their study of the Istanbul real estate market is notorious and envied.

A developer of this size is guaranteed to finish on time and without hassle.