Off-plan luxury apartments for sale in Istanbul city centre. Close to highways for great city links with an 18-month payment plan. Istanbul investment.
The Turkey Homes team are proud to present this off-plan development of luxury apartments in Istanbul for sale, located on the European side of the city in Kagithane close to the financial centre of Maslak.
Back in the 60's Kagithane was a working district which later became a huge industrial area, with numerous factories, and gained its name from the local paper factories, with Kagithane translating as 'Paper Mill'.
This gave the area an influx of industrial workers who moved to the area for jobs, with the workers building illegal homes, though in those days the government turned a blind eye, however, in more recent times most of these illegal slum houses and the factories have been demolished and replaced by some wonderful new modern residential complexes with a range of family facilities often with on-site shopping centres and office suites.
The area is located close to one of the city's two major highways which offers a direct route to the new Istanbul airport, recently opened and set to become one of the largest airports in the world when fully completed, expected to handle 150 million passengers every year, all making Kagithane an ideal area for property investment in Istanbul, along with its close proximity and accessibility to other city areas with the excellent transportation systems.
Project Location and Information
This ongoing project of off-plan apartments for sale in Kagithane is situated less than 15-minutes from the heart of the city centre and located between the E-5 and TEM highways which offer a short 25-minute journey to the new airport along with 15-20 minutes to two of the Bosphorus bridges or just over 10-minutes to the financial centre of Maslak along with many other areas of this vast cultural city.
A great city-centre location that provides amenities galore with a plethora of shops and supermarkets, chemists, banks, schools and a wide range of cafes, coffee shops, bars and restaurants all accessible on foot whilst the city's public transport services offer easy access to several universities, state-run or private hospitals and several great shopping malls with well-known high street stores and entertainment facilities.
A rather small city centre complex being constructed on a land area of 7,300m2 to offer a walled and gated community with two modern apartments blocks, one of 15 floors and one of 13 floors, to host just 132 modern homes with 1-3 bedrooms that will enjoy a blend of city and nature views as the block will be surrounded by professionally landscaped gardens, whilst the complex will also host a small selection of commercial units for convenient on-site shopping and dining, all to comply with the Turkish governments building rules and regulations for safety and insulation upon completion in December 2021.
When life begins in the complex you will also enjoy a small range of on-site facilities which will include:
All of which will also be watched over 24/7 by security services and surveillance cameras keeping you and your family safe and secure at all times.
Available Apartments and Developer Prices
1 Bedroom apartments 53m2 – 89m2 priced from 672,000 TRY to 972,000 TRY
2 Bedroom apartments 105m2 – 193m2 priced from 1,167,000 TRY to 2,098,000 TRY
3 Bedroom apartments 154m2 – 164m2 priced from 1,680,000 TRY to 2,042,000 TRY
Great Payment Terms from the Developer
The developer offers a discount of 15% from the above prices for cash buyers or you can choose to pay a down payment of 40% with the remaining 60% balance payable with 18 equal monthly interest-free payments whilst the title deeds are already in place and ready to be transferred to buyers.
Each residential apartment block will offer a shared and secure lobby with both lifts and stairs accessing all floors and each home will be linked to the lobby entrance doors with a video intercom, whilst individual homes will be installed with steel security doors.
Various layouts are offered by the developer, open plan living area or closed kitchens with a separate lounge/diner, all to be installed with a fully fitted modern kitchen with ample quality units and workspace, all to come complete with some built-in appliances - oven, hob and an extractor fan.
All apartments will be installed with gas central heating and all rooms will have the infrastructure in place for air conditioning units and modern lighting features along with large windows or patio doors that will offer ample natural light, patio doors to open to various outdoor living spaces to enjoy the city and garden views, all to be fitted with electronic window shutters.
Bathrooms will be tiled from floor to ceiling and installed with the latest modern fittings, whilst other floor areas will be laid with quality ceramic tiles or warmer laminate.
Overall these off-plan modern apartments for sale in Istanbul are ideal for any reason, frequent city breaks or business trips, year-round living in the heart of the city or an excellent city-centre investment in Istanbul with great payment terms and excellent rental yields forecast, very close to major roads and public transport for easy city and airport access, ample local amenities either within walking distance or a short drive and a selection of on-site facilities.
Contact the Turkey Homes team of Istanbul property advisors today for more details and we will answer all your Istanbul real estate questions, provide you with objective advice and guide you through every aspect of the Turkey property buying process.
Istanbul is one of the most vibrant and cultural cities in the world, and one of the top places to visit, awash with history and is a shopper's paradise with 100's of shopping malls spread across the vast city.
The only city in the world that has one half in Europe and its other half in Asia separated only by the straits of the Bosphorus, and you will quite often hear the phrase 'Istanbul is where east meets west'.
Over recent years Istanbul has seen a massive property boom with many overseas investors buying a property at bargain off-plan prices, for a healthy return with great capital appreciation and rental yields.
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