The perfect family residence in central Istanbul - Topkapi

$ 280567

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Summary

  • Key ready residence finished to a high standard
  • Excellent family friendly facilities
  • Situated in Topkapi, amongst similar compounds
  • Suburban prices for central Istanbul
  • Minutes walk from the major crossroads of Istanbul - where 4 major public transport lines meet
  • Istanbul's two largest and most important universities within 5 minutes

About this project

Topkapi, the crossroads of Istanbul, a region of historic importance, and today, a middle class residential district.

This compound is the perfect family home. Situated equidistance from Topkapi's most important landmarks, apartments are offered at suburban prices - yet offers a city centre lifestyle.

Made up of 5 low rise blocks, and just 371 apartments, this is a low density development. Sitting on 15,000 sqm of land, the complex also offers 4,000 sqm of commercial space for everyday needs. For other needs, residents need not look too far.

Offering full facilities, residents will have private access to outdoor and indoor pools, sauna, gym, child play areas, and of course plenty of green space. Landscaping is almost completed, offering residents immaculate internal gardens.

Apartments are offered with or without balconies, kitchens are finished with top tier brands, as are bathrooms. Apartments are not small, an exception to the current trend in central Istanbul.

Rising from the ashes of Istanbul's factories, Topkapi today is one of Istanbul's most modern regions. Home to Istanbul's two major universities, Koc and Yildiz Technical, Topkapi has also developed into a major business hub. The driver of this growth is its location at the crossroads of Istanbul - where the airport metro, metrobus, and old city tram line meet.

Future expansion includes a cross Bosphorous rail line, a major infrastructure project costing billions, and due to complete at the turn of the decade. This will push prices even further in the region.

Fun and games are on offer with plenty of malls, the Golden horn is just minutes away with its historic Eyup Sultan mosque, Sultanahmet is just a few minutes drive - or just jump on the historic tramway.... The list of opportunities is endless!

Facilities Breakdown

  • Sauna
  • Underground parking
  • 24 7 security
  • Turkish baths
  • Gym
  • Child play areas
  • Child swimming pool
  • Indoor swimming pool
  • Outdoor swimming pool
  • Spa
  • Football courts
  • Basketball courts
  • Table tennis
  • Café
  • Restaurant
  • Kids club
  • Volleyball courts
  • Tennis Court
  • Mescit
  • Sports hall
  • Private garden
  • Recreation areas
  • Metro station
  • Creche
  • Smart home system

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 71 sqm 72 sqm $ 105542 $ 127530
2+1 114 sqm 132 sqm $ 159193 $ 211085
3+1 150 sqm 190 sqm $ 213724 $ 271772
4+1 202 sqm 203 sqm $ 280567 $ 308712

- 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.

Distances

  • Ataturk airport 15 mins
  • Several mega malls 10 mins
  • Over 10 private hospitals 5-10 mins
  • Taksim 10 mins
  • Nisantasi 12 mins
  • Sultanahmet 5 mins
  • Aksaray 5 mins
  • Topkapi Palace 6 mins
  • Marmara sea coast 5 mins
  • Metro lines and metrobus 1 mins
  • Koc Medical University 5 mins
  • Koc hospital 5 mins
  • Istanbul Technical University 5 mins
  • Botanic park 3 mins
  • Eyup Sultan 5 mins
  • Golden Horn 5 mins
  • Atakoy Marina 5 mins
  • Avrasya Tunnel 5 mins
  • Marmaray 5 mins

Regional information

Topkapi forms part of the Zeytinburnu district. Whilst parts of Zeytinburnu are low working class, Topkapi is the exception, form the most expensive part of the district – nearly twice as expensive on average as the rest of Zeytinburnu. Topkapi is well organised, and a firmly Turkish middle class neighbourhood.

The main reason for this is the huge University campus, which is surrounded by secure apartment complexes. Its easy connections into all parts of Istanbul – it is almost equidistant to all major landmarks – make it popular with all buyer types. Malls, private hospitals, and private colleges are a plenty, meaning families want to be placed within good distance of their main needs.

Koc university hospital is a few minutes and is one of Turkey's pioneering hospitals - a pioneer in the medical field.

With key Istanbul sites just minutes away, this location is under extreme demand, and has always been throughout Istanbul's past.

Investment information

Topkapi, formerly the powerhouse of Istanbul, today has almost completed its conversion from industrial to elite middle class region. With old factories and warehouses now converting to high quality secure complexes, Topkapi is a region that appeals to all ages.

Topkapi's position at the crossroads of Istanbul, as well as its two major universities with over 100,000 students, its appeal is perfectly understandable. Unlike touristic centres like Taksim and Sultanahmet, Topkapi is prime for redevelopment on a grandscale, and developed it has.

With average prices for secure compounds averaging over 15,000 TL per sqm, this compound offers a city centre apartment at suburban prices. Indeed with the completion of competing compounds in the region, prices are set to rise even further once the region has settled down.

With the cross Bosphorous rail line planned for completion in the next 3 to 4 years, the region is primed to rise even further.

Developer Background

This developer has been in action for almost 50 years. Turks know them as the reliable builder who never fails to deliver. Very few foreigners will have heard of them as the majority of investors and lifestyle buyers have been Turkish.

Indeed the majority of Topkapi was redeveloped by this builder. Almost a dozen complexes, hospitals, universities, even a museum was built by this family group in the last decade.

With several ongoing projects, the family's signature development is the huge hospital. Again in Topkapi, the architecture resembles that of an Ottoman palace, a fitting signature for an age old reliable developer.