Newly built modern apartments for sale in Istanbul city centre, very easy city links & low communal fees in Kagithane. Istanbul real estate investment
Turkey Homes are very pleased to offer this newly built development of modern apartments in Istanbul for sale, ideal for investment with a city-centre location in Kagithane, a short distance from the Golden Horn and Taksim Square.
Back in the swinging '60s, Kagithane was a working district that later became a huge industrial area with numerous factories and gained its name from the local paper factories, with Kagithane translated as 'Paper House'.
This gave the area an influx of industrial workers who moved to the area for jobs, with the workers building illegal homes and the government turning a blind eye. However, most of these illegal slum houses have been demolished and replaced by some wonderful new modern residential complexes with a range of family facilities, often with on-site shopping centres for doorstep shopping and dining for residents and many passing shoppers.
The area is also located just 35km from the city's new airport, easily reached via the E-5 Highway and TEM intersection in Kagithane and a mere 15-minute drive to Taksim Square and the Bosphorus shores, along with being close to Bomonti and Nisantasi which offer the fashionable shopping areas of Istanbul along with a great social scene, arts and culture.
Project Location & Details
This development of luxury apartments for sale in Kagithane is found just 5 minutes west of the Golden Horn and 10 minutes north of Taksim Square and Gezi Park, a very central area of this vast city.
Construction is taking place alongside the major E-5 highway, which hosts the Metrobus line for excellent city connections. Also, no more than 5 minutes from a Metro station and 10-15 minutes will access the TEM highway and the 15 July Martyrs Bridge over the Bosphorus to Asian Istanbul. You can reach the prestigious area of Maslak in around 18-20 minutes, the airport in 35-minutes, the new canal in 40-minutes, 15-minutes will reach the Eyup Sultan Mosque or Sultanahmet in just over 20-minutes
Amenities are plentiful, walking distance to numerous shops and supermarkets, chemists, banks, schools, parks and various coffee shops, cafes, bars and restaurants, or you take the bus, hop on the Metro or Metro bus and reach shopping malls, universities and hospitals in next to no time, an area that is perfect for city breaks, business trips, year-round living and especially ideal for anyone seeking a high rental income from an Istanbul investment property.
A small two-block complex which the first block is complete, is currently being built on a land area of 2,700m2, construction by a well-known Istanbul-based developer who assures that all the latest government building regulations will be adhered to upon the final scheduled completion date of December 2022, also assuring that all homes will be finished to a high standard.
A walled and gated complex with the two-blocks of 18 storeys to host 15 convenient commercial units that will offer on-site shopping and dining and 200 modern homes with a choice of 1 or 2 bedrooms that will offer views over small communal garden areas or the city.
When completed, buyers will have low communal fees as the complex will offer limited on-site facilities with a gym, secure residents parking garage, a generator and a central satellite TV system, though not short on security as it will be watched over 24/7 by cameras and private security services to keep your mind at ease.
Residences Available & List Prices
2 Bedroom apartments 111 m2 – 115 m2 priced from 337,680 USD to 365,400 USD
Each apartment block will host a secure and shared entrance lobby with lifts and stairs to each floor, whilst homes will be fitted with steel security doors and linked to the lobby with a video intercom.
Both 1 and 2-bedroom apartments will offer an open-plan living area, all to feature a fully fitted modern kitchen with ample units and granite work surfaces, complete with a built-in oven, hob and an extractor fan.
Each home will also be installed with a gas central heating system, and each room will have the infrastructure in all living areas and bedrooms for air conditioning units to be fitted.
Ample natural light will fill each room via floor-to-ceiling windows and patio doors that will open to either French balconies or shaded glass balconies with views across the city or the gardens below.
Floors throughout each home will offer a mix of quality ceramic tiles or laminate and full floor-to-ceiling tiling in the bathrooms, which will be installed with the latest modern fittings.
Overall these modern apartments for sale in Istanbul will be ideal for any reason, frequent city breaks or business trips, year-round living in the heart of the city or excellent city-centre investment in Istanbul with great payment terms, close to highways 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 for a high annual rental income.
Contact the Turkey Homes team today for more details, prices and availability; our Istanbul property consultants will answer all your Istanbul real estate questions, provide 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; it is awash with history and is a shoppers paradise with hundreds of shopping malls spread across the vast city.
The only city in the world that has 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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