Hotel concept luxury apartments in Istanbul for sale. Centrally located in Kagithane with a rental guarantee and 0% Terms. Istanbul investment.
Turkey Homes are delighted to present this off-plan project of luxury apartments in Istanbul for sale, located in the central area of Kagithane, one of the fastest-growing city centre areas sitting slightly north of Taksim Square and many of the famous city attractions.
Kagithane used to be a working district from the 1960's, as it became a huge industrial area, with numerous factories, and gained its name from the paper factories, with the name translating as 'Paper House'. This gave the area an influx of industrial workers who moved here for jobs, with the workers building illegal homes and the government turning a blind eye. In more recent years, a regeneration program has seen these homes pulled down and replaced by legal modern homes with lovely residential areas for the area's population.
Its central location, just 8km from Taksim, serves as a hub for the new Istanbul airport, situated to the north-west in the Arnavutkoy area, which opened its runways in late 2018 and set to be one of the largest airports in the world, expected to handle 150 million passengers every year, all making the Kagithane area ideal for property investment in Istanbul, along with its close proximity to other central areas and its excellent transportation systems to many other parts of the city.
Project Location and Information
This off-plan development of hotel residence apartments for sale in Kagithane is found a short distance north of the E-5 highway and Metrobus line and south of the TEM highway, both accessed within 5-10 minutes and is also within walking distance of the nearest Metro station and various bus routes, this access to all areas of the city is a breeze, a mere 8km from Taksim Square, 36km from the new airport, whilst a drive of 12 minutes reached the Maslak financial district and little further to the shire of the Bosphorus and two of the bridges across to Aslan Istanbul.
Being a city centre area, amenities are plentiful, walking distance to a great range of shops, supermarkets, cafes, bars, restaurants, schools, banks, and chemists etc, whilst a range of hospitals, universities and great shopping malls are all located within a short driving distance or via the local public transport options.
Construction is taking place on a land area of 4,400m2 and is being built by a well-known and highly regarded Istanbul developer which assures that all government building regulations will be met for safety and insulation upon completion at the end of December 2021, to consists of one 17-storey modern apartments, block that will offer a luxury hotel concept, 228 smart home apartments with a choice of 1-3 bedrooms, all to be completed to a quality hotel standard, whilst the complex will also host 37 office suites and 2 on-site commercial units, whist residents and guests will have the use of several on-site facilities and services:
Whilst you and your home will be watched over by 24/7 security services and cameras to keep your mind at ease.
Various Options Available For Sale & Prices
1 Bedroom apartments 55m2 – 67m2 priced from 1,279,000 TRY to 1,298,000 TRY
2 Bedroom apartments 95m2 priced from 1,572,000 TRY to 1,611,000 TRY
3 Bedroom apartments 162m2 priced at 3,862,000 TRY
Cash buyers will benefit from a 10% discount from the list prices above whilst you can also choose to pat a 50% down payment and pay the remaining 50% with 6 equal monthly payments at 0% APR.
The developer is also offering investors a guaranteed 3-year rental income of 6% per annum, pre-tax.
The reception/lobby area will offer secure access to the apartment block, to offer access to all floors via stairs or a lift, with home to be entered through steel doors with a link to the main entrance doors with a video intercom.
Layouts are all open-plan with each home to offer a fully fitted and modern kitchen with ample quality units and work surfaces, all of which will come complete with the following built-in white goods - Oven, hob, extractor fan and a dishwasher.
Natural gas central heating systems 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 stunning communal gardens, the local neighbourhood 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 computerised smart home system to access your home remotely via the Internet from every corner of the world.
In summary, these luxury Istanbul apartments offer an excellent city-centre location, ideal homes for frequent business or leisure trips, perfect year-round homes or an ideal choice for investment in Istanbul for a guaranteed high annual rental income, just minutes from the city centre, ample local amenities, easy city and airport connections, excellent on-site facilities and a blend of nature and city views.
Call Turkey Homes today to request more details, prices and availability and one of our friendly Istanbul property advisors will answer all of your Istanbul real estate questions, offer you impartial advice and will guide you through every step of the Turkey real estate buying process along with assisting you when buying the furniture for your new luxury Istanbul property.
Central Istanbul covers a vast area, much more than the famous tourist areas of Taksim Square and Sultanahmet etc, it covers much further afield, incorporating districts such as Besiktas, Levent, Maslak, Sisli, Kagithane, and more.
Kagithane is located is closely neighboured by Sisli, Eyup and Beyoglu, with a stream that connects the area to the Golden Horn. In the past, the Kagithane area was full of illegally built slums where industrial workers lived, however, today with a regeneration program the area is a highly desirable place to live, and ideally located for access to the new third airport to the north.
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