$660,000 Base price: USD660000
Off-plan smart home apartments for sale in Istanbul city centre. Close to attractions in Kagithane with a government guarantee. Istanbul property investment.
Turkey Homes are pleased to offer this newly launched off-plan project of luxury apartments in Istanbul for sale, located in the central city area of Kagithane a short distance from famous Taksim Square on the European side of the city.
Back in the 1960's Kagithane was a working district later becoming a huge industrial area, with numerous factories, and gained its name from the local paper factories, with Kagithane literally translated 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, however, in more recent times 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 centre for doorstep shopping and dining for residents and many passing shoppers.
The area also offers a direct route to the new Istanbul airport which opened its first runway in early 2019, set to be one of the largest airports in the world, expected to handle 150 million passengers every year when all runways areas open in the future, all making Kagithane 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 Details
This development of smart home apartments for sale in Kagithane comes with a guarantee from the Turkish government, found approximately 10-minutes west of the Bosphorus coastline, 15-minutes north of Taksim Square and 5-minutes from Levent.
A very central area of the city that provides great access to all other areas of Istanbul, the project is set alongside the busy TEM highway,10-minutes north of the Metrobus line and the E-5 highway, just 1km away you will find the local Metro station and various bus stops that are more or less on the doorstep, you will access the new airport in 35-minutes, the Isfanbul Theme Park in 20-minutes, Maslak in 10-12 minutes and the northern tip of the Golden Horn in 15-minutes.
Being part of the city centre, amenities are vast with a wide range of shops, supermarkets, banks, schools, in fact, everything needed for a year-round life can be found in close proximity, whilst you will reach several excellent shopping centres, various hospital and universities within a drive or no more than 10-minutes.
A stunning low rise project from one of Turkey's leading developers who have teamed with the government, with construction having just begun on a prepared land area of 103,000m2, the complex to host 16 modern apartment blocks of 8-10 floors, all to meet the government safety and regulations and to consist of 1,050 standard or duplex apartment with a choice of 1-4 bedrooms, all to be fully insulated and completed to a very high standard for the end of May 2025, and the title deeds are ready to hand over to buyers.
A huge 50,000m2 area of the land has been set aside to create beautifully landscaped communal gardens, and upon completion of the complex, residents and guests will be offered the use of selection of on-site facilities that will include:
All to be walled and gated, whilst the complex will offer a camera system and 24/7 security services for your peace of mind and safety.
Units For Sale & Prices
1-Bed units 69 m2 – 192 m2 priced from 660,000 USD to 1,467,000 USD
2-Bed units 106 m2 – 273 m2 priced from 1,095,000 USD to 2,298,000 USD
2-Bed duplex units 188 m2 – 203 m2 priced from 1,487,000 USD to 1,682,000 USD
3-Bed units 169 m2 – 361 m2 priced from 1,688,000 USD to 4,013,000 USD
3-Bed duplex units 258 m2 – 315 m2 priced from 2,011,000 USD to 3,445,000 USD
4-Bed units 212 m2 – 398 m2 priced from 1,810,000 USD to 3,040,000 USD
4-Bed duplex units 328 m2 – 361 m2 priced from 2,813,000 USD to 3,088,000 USD
Developer Payment Terms
The developer offers a 7% discount for cash buyers, however, you can choose to pay a down payment of 50%, and pay the balance with 6-equal interest-free monthly instalments.
Each apartment block will be entered via a secure lobby that will offer stairs and lifts to all floors, with each home to be accessed via a steel security door and to be connected to the main entrance doors of the lobby via a video intercom system.
Layouts are offered with a choice of open or closed kitchens, each home to offer a fully fitted modern kitchen with quality units and work surfaces along with built-appliances, oven, hob and an extractor fan and all homes will be connected to a natural gas supply and fitted with a gas central heating system.
Ample natural light will fill each room via floor to ceiling windows and patio doors that will open to large balconies, roof terraces or private garden terraces (some terrace apartments to boast private pools), each home to enjoy views of the stunning communal gardens.
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 whilst living areas and bedrooms will be offered warmer laminate and each home will be fitted with the infrastructure for air conditioning units in all rooms and will host a smart home system.
All-in-all these luxury apartments for sale in Istanbul city centre are going to tick all the right boxes, perfect for frequent leisure or business trips, ideally located and suited for year-round living or an excellent opportunity for investment in Istanbul city centre for a high annual rental income, offering great city and airport connections, ample local amenities and on-site facilities along with nature views.
Contact Turkey Homes today to request further details, prices and availability and one of our dedicated 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 property Turkey buying process along with assisting you when furnishing your new home in Istanbul city centre.
Central Istanbul covers a vast area, much more than the famous tourist areas of Taksim Square and Sultanahmet, it covers much further afield, incorporating districts such as Besiktas, Levent, Maslak, Sisli, Kagithane, and more.
Kagithane 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 Istanbul airport to the north.
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