Apartments In Istanbul For Sale - Off-Plan Turkey Real Estate In The New Business District
- Price: £48,676
- Location: Istanbul European
- Type: Apartment
- Condition: New build
- Bedrooms: 1
- Bathrooms: 1
- Floors: 25
- Built area: 61m2
- Plot area: 9500m2
- Security: 24/7 Security
- Parking: Private
- Ref: IST2105APT
Istanbul is a huge city in the north-west of Turkey, vibrant, cultural, historical and modern, hosting many districts within its boundaries, busy trade and commercial areas, desirable residential areas, and of course the busy tourist areas.
Many of these districts have seen huge changes over recent years, with regeneration programmes bringing what used to be run down slum areas into the modern world with large shopping malls, convention centres, theme parks, and much more, which has given Istanbul's real estate market a massive boom, with overseas investors, especially from Arab countries, flocking to buy quality homes in Istanbul for year round rental incomes.
- Distance to town:
- 28km Taksim
- Distance to airport:
Turkey Homes are very pleased to present this new off-plan development of modern apartments in Istanbul for sale, ideally and centrally located in the flourishing district of Bagcilar on the European side of the city.
Bagcilar is a developing area with a perfect central location in Istanbul, located close to Ataturk international airport and the two major arterial highways the E-5 and the TEM, both giving you fantastic links to all areas of the city and also to the New Third airport to the north which is scheduled to be opened very soon.
The area of Bagcilar is prime for property investment, being home to the Basin Express Road which is Istanbul's new business centre, and you can expect property prices to rise quite significantly as Bagcilar is very close to the Istanbul's new canal project too, all a very central part of what is becoming the new centre of Istanbul.
If you are looking to buy property in this area, then we recommend you do so now as, soon, prices will exceed many buyers budgets, which for investors is great news for capital appreciation figures and rental yields too as these will also rise alongside the property prices in the Bagcilar area as more businesses move their headquarters away from old Istanbul.
This off-plan project of Istanbul apartments for sale, sits right in the Basin Express Road, just off the TEM intersection which gives direct access to both Istanbul European airports and the historical city centre.
Located in the heart of the business district surrounded by named hotels, and very close to the premier Mall of Istanbul shopping centre, with a great selection of local amenities within a short distance including hospitals, schools, universities, several other shopping malls and the city's World Trade Centre, with an abundance of local transport routes reaching out across the city.
The project offers a home office concept and is being constructed on a land area of 9,500m2 with a scheduled completion date of March 2019, to consist of just one 25-storey tower with a three-sided facade, to host a total of 285 1 or 2 bedroom units and 9 commercial shops/showrooms giving you shopping facilities on the doorstep, along with a resident only parking garage with designated space for each unit, an open car-park for shoppers and guests, a fully equipped fitness centre/gym and several meeting rooms for when you require more space to conduct your business with partners or numerous guests.
The dynamic triangular construction will offer excellent city views for all units, with high windows to provide ample natural light, with units available of various sizes and layouts to suit all requirements whether you are buying a residential home or a home office.
The renowned developer will complete the units to the highest possible standards and conform with all the latest building and safety regulations issued by the government, with all homes being heated via natural gas central heating, fitted with modern kitchens and fully tiled bathrooms, with some higher floor units offering large terraces.
Steel security doors will be linked to video intercom systems, and the 24-hour reception lobby will offer elevators to all floors, with the complex being safely protected by a 24-hour security service and a camera system for peace of mind.
Options Available and Price Range
1 Bedroom units - 61m2 - 72m2 prices from 367,000 TRY to 449,000 TRY
2 Bedroom units - 95m2 - 252m2 priced from 559,000 TRY to 1,672,000 TRY
Shops/showrooms - 86m2 to 2,206m2 prices from 1,090,000 TRY to 17,000,000 TRY
Payment Terms Available
For full cash buyers, you will be offered a discount on the above list prices of between 8% and 10%.
Interest-free monthly payment options include a 35% down payment with the remaining balance payable over 24 equal monthly instalments, or via a 50% down payment followed by 24 equal monthly instalments with this option offered a list price discount of 3-5%.
Alternatively, the developer also offers a rare chance to pay the full price via monthly instalments with no down payment and again at interest-free rates, with no negotiation on the list prices.
1 Bedroom units - 5,000 USD per month until the full price is paid.
2 Bedroom units - 7,500 USD per month until the full price is paid.
Overall, these home office Istanbul apartments are a perfect investment choice, located in the heart of the new business centre of the city, close to the airport and public transport services, with excellent city links via the nearby highways, along with ample local amenties, ideal for regular business visitors or for those that prefer to live in the area in a no-frills complex.
Contact Turkey Homes today for more details, prices and availability and our dedicated Istanbul consultants will answer any of the questions you may have, offer you comprehensive advice and guide you through every step of the property in Istanbul buying process and all about real estate in Turkey.
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