Hotel concept investment apartments for sale in Istanbul city centre with a guaranteed rental income, interest-free payment terms or cash discount.
The Turkey Homes team are pleased to present this off-plan development of hotel concept luxury apartments in Istanbul for sale, located on the European side of the city in the very central district of Kagithane.
Kagithane has developed over recent years to a highly desirable area for year-round living, due to its excellent central location, brilliant transportation links across all areas of the city, and is set to become a central hub upon full completion of Istanbul's New Third Airport to the north which will see tourist numbers increase massively with an expected annual passenger capacity of 150 million.
A working-class area where many city workers choose to live all year round for very little commuting to the office in the centre of the city to the nearby financial district of Maslak, offering a host of local amenities for everyday life with large shopping malls, the famous Florence Nightingale Hospital, several universities and schools for all ages, making it perfect for families too and for regular city breaks or business visits.
Kagithane is easily reached from many other areas being close to the third bridge for access to the Asian side, the TEM and E-5 highways also run close to the area for fast airport access and a new Kagithane subway station which has reduced the distance from Mecidiyekoy and Mahmutbey.
Development Location and Details
This under-construction complex of smart home apartments for sale in Kagithane is found approximately 5-minutes south of the TEM highway, 10-minutes north of the E-5 and Metrobus Line, 15-minutes west of two of the Istanbul bridges, whilst close to various bus services and a within an a 15-minute walk of the Kagithane Metro Station, thus, drivers and pedestrians have excellent access to all areas of the city, reaching the new airport in around 30-minutes, Taksim Square and other attractions in 20-minutes, Maslak financial centre in 12-minutes and the Bosphorus shoreline in 15-minutes.
A very central area of this vast cultural city, therefore, close to an extensive range of amenities, shops, supermarkets, bars, restaurants, banks, chemists, schools, cafes and parks etc, all of which will be accessed on foot, whilst shopping malls, universities and several hospitals are all within a very short drive, perfect for whatever reason you choose to buy property in Istanbul.
Being built by a reliable local developer on a land area of 4,400m2, set to comply with all the latest building rules and regulations for gas, fire and earthquake safety and the fairly new rule for all homes to be insulated for heat and sound.
The construction of just one apartment block of 17 floors will host a total of 228 hotel concept luxury apartments with 1-3 bedrooms, 37 offices and 2 commercial units, all to be completed to a very high standard upon completion at the end of August 2021.
When complete, this modern city centre complex will offer residents and guests the use of a great range of on-site facilities, to include:
All to be fully protected by 24/7 security services and cameras to keep your mind at ease.
Units Available and Price Range
1 Bedroom apartments 55m2 – 67m2 priced from 721,000 TRY to 936,000 TRY
2 Bedroom apartments 95m2 priced from 1,233,000 TRY to 1,312,000 TRY
3 Bedroom apartments 162m2 priced from 2,112,000 TRY to 2,248,000 TRY
Office units 64m2 priced at 1,175,000 TRY
Commercial units 1,130m2 – 2,930m2 priced from 19,775,000 TRY to 40,340,000 TRY
Cash buyers will benefit from a great 15% discount from the list prices above whilst you can also choose to pat a 50% down payment and pay the remaining 50% with 18 equal monthly payments at 0% APR.
The developer is also offering investors a guaranteed 3-year rental income of 6% per annum, pre-tax.
Apartments will be offered secure entrance from a communal lobby that will provide access to all floors via stairs or a lift, and all homes will offer steel entrance doors and a connection to the main entrance doors via a video intercom system.
All units have been designed with an open-plan layout, all of which will offer a fully fitted and modern kitchen with ample quality units and work surfaces for each home, all to be installed with the following built-in white goods - Oven, hob, extractor fan and a dishwasher.
A gas-powered central heating system will be installed into each apartment, all rooms will have the infrastructure in place for air conditioning units and all double glazed windows/patio doors will offer lots of natural light into all rooms, whilst the patio doors will open to French balconies, all to offer views over the Botanical gardens, local area and the city.
Bathrooms will be tiled from floor to ceiling and installed with modern fittings, whilst other floor areas will be laid with quality ceramic tiles or warmer laminate flooring.
Each apartment will be fitted with the latest intelligent smart home system to access your home remotely via the Internet from almost anywhere in the world with the swipe of a smartphone or tablet screen.
Overall a great central location in Istanbul, ideal homes for frequent business or leisure trips, perfect year-round homes or an ideal choice for investment in Istanbul for a high and guaranteed annual rental income, just minutes from the city centre, ample local amenities, easy city and airport access, a good range of on-site facilities and great city views.
Call Turkey Homes today to request more details, prices and availability and one of our friendly Istanbul property consultants will answer all of your Istanbul real estate questions, offer you objective advice and will guide you through every step of the Turkey real estate buying process along with assisting you when ready to furnish your new Istanbul property.
The vast vibrant city of Istanbul is one of the most visited city's in the world, and the only city in the world to be on two continents, with just the narrow straits of the Bosphorus sea separating Europe from Asia.
Tourists flock to the well-known areas of Taksim Square and Sultanahmet to see the amazing ancient architecture and the popular attractions of the city, however, the city centre stretches much further to include the busy business centres of Maslak and Levent, the up-market shopping area of Nisantasi to name a few, with these areas all being popular places to live for city workers.
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