Twin tower residence in the centre of the Kagithane regeneration region

$ 267313

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Summary

  • Twin tower residence project in city centre
  • Family orienatted facilities
  • High quality residence life with quality materials
  • A reborn region with modernity - Cendere
  • Fresh air breezing in from the Belgrade forests
  • Ease of transportation by main roads, and new metro to Sisli

About this project

This lovely project consists of a total of 202 apartments split over 13 floors, and 7,500 square meter commercial area.

Located on the rapidly developing Cenderre Avenue in Kagithane, overlooking the green river banks of the Cenderre River.

The project includes many social facilities, outdoor swimming pool, and fitness center - and of course plenty of child play area. In the parking area, each apartment is offered underground parking area.

The Cenderre regeneration region is one of the most modern residential and commercial areas with modern projects of international character and government support. It also has direct access to the Taksim metro line, or the new Sisli metro ine via a 5 min drive.

The area is commonly described as Maslak, however is correctly known as Seyrantepe. It's expansion is limited by the Belgrad forests to the North ensuring the region will not "overdevelop" in the future.

The fantastic Vadi Istanbul mall is just a few minutes walk away.

Facilities Breakdown

  • Sunbathing terraces
  • Basketball courts
  • Underground parking
  • 24 7 security
  • Spa
  • Gym
  • Walking parkour
  • Ornamental fountains
  • Child play areas
  • Outdoor swimming pool

Price Range

Type Size (Min) Size (Max) Price (Min) Price (Max)
1+1 76 sqm 112 sqm $ 267313 $ 389752
2+1 110 sqm 122 sqm $ 385404 $ 426623
3+1 175 sqm 222 sqm $ 609934 $ 775157

- Price ranges last updated 07/08/2019
- Prices are list prices and subject to discounts in accordance with the chosen payment plan and negotiation with the seller.

Payment Plan

Months Deposit Discount
24 months 50% 0%
0 100% 15%

Distances

  • Istanbul Airport 30 mins
  • Levent 5 mins
  • Maslak 5 mins
  • Taksim 20 mins
  • Sultanahmet 22 mins
  • Vadistanbul Mall 2 mins
  • Istinye park mall 7 mins
  • Acibadem private hospital 10 mins
  • Metro station 1 min
  • Galatasaray football stadium 5 mins
  • Emirgan (Bosphorus) 10 mins
  • Kilyos (beach) 30 mins

Regional information

Istinye is amongst the most elite and beautiful parts of Istanbul. This prestige was firmly established with the construction of the nearby Istinye Park Mall and residential complex - a world class project. Istinye is on the same level as Etiler, Atakoy, and Bebek.

Bosphorus views, restricitions on building permits, and height restrictions, make Istinye what it is. Istinye attracts the wealthy, the famous, and the powerful. Its protected nature make it feel like living in a forest, yet just a few minutes from Istanbul's primary business district in Levent and Sisli.

Investment information

Sariyer is home to the most expensive real estate not just in Istanbul, but probably in the world. With Bosphorus front villas changing hands for over 80 million dollars, Sariyer is up there with Champs-Elysees, Paris and Hampstead, London. With the most of Sariyer falling into a protected zone of Forests and the Bosphorus protection zone, supply of genuinely high grade homes is limited. Bosphorus front villas rarely change hands, and construction is limited in general to two storeys.

Very rarely, in areas like Maslak, and Seyrantepe, tall skyscrapers have been allowed - yet these will be restricted to a very small number. Hence upon completion, high quality complexes will be in short supply, yet demand remains very high.

This has pushed prices in the region, and this means rental yield is below the Istanbul average. A purchase in this region from an investment aspect will be based on the capital appreciation, and not the yield. Expect excellent capital appreciation in the double digits each year, and expect to be able to sell your home here a lot sooner than other regions of Istanbul.