Sea views boutique residence in Kadikoy

$ 503091

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Facilities Breakdown

  • Smart home system
  • Underground parking

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
6+2 310 sqm 310 sqm $ 503091 $ 503091

- Price ranges last updated 16/03/2019
- 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

  • Özgürlük Park 2 mins
  • Metro 2 mins
  • Private Florance Hospital 5 mins
  • Bagdat Avenue 1 min
  • Coast 1 min
  • Marina 5 mins
  • Kalamış Park 5 mins
  • Kozzy Mall 10 mins

Regional information

This complex falls into the district of Kadikoy, a district which is undergoing major regeneration. This project however, is in a well established, historic portion of Kadikoy, traditionally wealthy and middle class.

The region's attraction lies in its proximity to the world famous Bagdat Avenue and of course the incredible views from even low floors, over the Marmara sea, the islands, the historic peninsula, and the Bosphorus.

Being able to walk into Bagdat Avenue is a major plus, and a fact which most Turk's will boast when amongst friends. Bagdat Avenue is home to all worldwide luxury brands, and its cafes and restauarants attract the rich and famous in the evenings. The Avenue is well known amongst Turks to hosting night time car galleries, with supercars passing by regularly at night.

Easy access to the coast is a plus, with many walking down to enjoy the sea air. Fenerbahce Marina is also a night time hotspot, a regular haunt amongst Turkey's famous sports persons and celebrities.

With excellent transport links into all parts of the city, this region remains an eternal favourite amongst Turks, and an undiscovered gem for foreigners.

Investment information

The region is undergoing further transformation, with much stock not being earthquake proof. Bagdat Avenue itself has been renewed almost entirely at great expense, and commercial space rents for over 10,000 Dollars per week in most parts. Parralel residential streets are now undergoing transformation, at huge expense, with most owners opting at extravagant high class finishing. Unfortunately the region has a supply issue, with many Turks using the region as investments, buying up swathes of apartments and leaving them empty. This has caused a spike in prices, which cannot be tempered by new construction as literally no empty land exists in the region.

With a further metro line linking the region to the new financial district in Atasehir, this region will reach new highs upon its completion. The fast train line that runs right across Istanbul from west to east, and terminating in Ankara, is in this region, and upon completion in 2018, will bring new demand. Prices can only continue to rise in this region.