Turkey Homes are delighted to present this off-plan development of luxury apartments in Istanbul for sale, located in the central area of Kagithane, one of the fastest-growing city centre areas, found a mere 20-minutes north of Taksim Square.
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 complexes for the local residents.
Its central location 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 is 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 such as the financial centre of Maslak and its excellent transportation systems to many other parts of the city.
Location of the Project & Details
This newly launched off-plan project of forest view apartments for sale in Kagithane is found slightly west of the winding Kagthane Stream, whilst adjacent to a forest park area, situated approximately 15-minute north-east of the Golden Horns;'s tip and 10-minutes west of the Bosphorus coastline.
The project is in the very early stages of construction close to the major TEM highway that can be joined by s slip road just one minute away accessing the Fatih Sultan Mehmet Bridge over the Bosphorus in 10-minutes, whilst the E-5 and the Metrobus Line area reached via a 15-minute drive to the south and the nearest Metro station can be accessed in just over 5-minutes, thus, very easy access to all city areas.
A short drive of just 5-15 minutes and you will reach various hospitals, government and private, several universities and a choice of large modern shopping/entertainment centres, however, within walking distance you will enjoy a great choice of local shops, supermarkets, the neighbouring park, schools for all ages, banks, coffee shops, bars, cafes and restaurants and lots more.
A small walled and gated complex with construction from one of Istanbul's well-known and trusted property developers, building work taking place on a land area of 3.600m2, to host three modern apartment blocks of nine floors that will offer just 76 spacious apartments with a choice of 2 or 3 bedrooms, all to meet the latest building regulations for safety and insulation upon final completion date in May 2023, the developer also assuring that all homes will be built and completed to first-class standards.
The three blocks will be set apart and will be surrounded by areas of beautifully landscaped communal garden, and when life begins a small range of on-site facilities will be on offer for use by residents and guests:
- Children's play area
- Shaded pergola seating areas
- Indoor parking garages with assigned space for each home
- Outdoor parking for guests
- Sauna
- Salt room
- Fitness centre
- LIfts in each block
- Central satellite TV
- Backup generator
Whilst the complex will also be watched over around the clock by cameras and private security services for your safety and peace of mind.
Available Units & Developers List Prices
2 Bedroom apartments 109 m2 – 117 m2 priced from 374,000 USD to 555,000 USD
3 Bedroom apartments 152 m2 priced from 503,000 USD to 655,000 USD
Payment Options
An interest-free payment plan is offered for all units with a 60% down payment and 6 equal monthly instalments for the balance and if you choose to pay the full amount with a single payment you can benefit from a great 10% discount from the above prices.
Residence Aspects
The three apartments blocks will each be offered access by a secure lobby that will offer stairs and lifts to all floors, with each home to be entered by a steel security door, and to be connected to the main lobby entrance via a video intercom system.
All layouts have been designed to host a closed kitchen all of which will be fully fitted and modern with quality units and work surfaces along with built-appliances, oven, hob and an extractor fan and every home will have a natural gas supply and fitted with a gas central heating system along with the infrastructure to be in place for air conditioning units in all living areas and bedrooms.
Natural light will filter into each room via floor to ceiling windows and patio doors that will open to large glass balconies or large private garden terraces that will all offer garden views and views of the local forest, whilst in the evening lighting will be supplied via concealed LED lighting or recessed spotlights for the perfect ambience for all occasions.
Hallways and kitchens will be laid with quality ceramic tiles, and bathrooms will be tiled from floor to ceiling with the latest modern shower and vanity units etc whilst living areas and bedrooms will be offered warmer laminate flooring.
In summary, these Kagithane apartments area ideal for any reason, a great central base for regular business visits or city breaks, an ideal location for year-round living or excellent buy-to-let investment in Istanbul, close to all amenities, easy access to the city and attractions, great airport connections, on-site facilities and forest views in a central city area for a high annual rental income.
Contact the Turkey Homes Istanbul property advisors today for further details, prices and current availability. Our Istanbul property consultants will answer all your Turkey real estate questions, offer an insight into the expected rental yields and will guide you through every step of the Istanbul property buying process.
