$343,414 Base price: USD343414
Off-plan unique shared living concept modern studio apartments for sale in Istanbul city centre with a possible guaranteed income and 0% payments.
The Turkey Homes team are proud to present this off-plan development of modern studio apartments in Istanbul for sale, located on the European side of the city in Kagithane close to the financial centre of Maslak and the central attractions.
Back in the 60s 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 between the city's two major highways which offer direct routes to the new Istanbul airport, the city centre, Asian Istanbul and many other areas of the huge city, the new airport is a mere 25-20 minutes away for international flights to many other countries around the world and also domestic flights to other Turkish cities and resorts.
Project Location and Details
This off-plan development of modern studio apartments for sale in Kagithane is the first of its kind with a shared living concept, found around 7km west of the Bosphorus, 8km north of Taksim Square, just under 6km southwest of Maslak, and a similar distance northeast of the Golden Horn's northern tip.
All these areas and more can be accessed with ease with the project found just 3-minutes from the local Metro station, 5-minutes north of the E-5 highway, 3-minutes south of the TEM highway, and 10-minutes will reach two of the Bosphorus Bridges over the Asian Istanbul, you can reach anywhere in the city and local bus services all provide access around the local area and beyond.
Amenities in Kagithane are excellent being part of the city centre and centrally located in the district, the nearest shopping mall is a mere 1-minute away and others accessible in 5-10 minutes as are universities and hospitals, whilst a short walk will find an abundance of shops, various supermarkets large and a small, banks, schools, a mosque, medical centres and chemists, along with more than ample cafes, bars, coffee shops and restaurants etc.
Currently undergoing construction in the central Cendere area on a land plot of 1,809m2, to host one modern block of 11-floors that will host 128 spacious and various-sized studio apartments with this unique shared living concept. all to be built to meet the latest government-issued building regulations for safety and insulation and to be completed to a hotel standard with a planned completion date set for the end of April 2023.
All from well-known developers with the complex to offer shared facilities and services that will include:
Whilst all will offer the safety of a 24/7 camera system and security team for your peace of mind.
The unique shared living concept means that all the above facilities will be co-owned by you, along with all maintenance fees and your utility bills will not be dropping through your letter box at scattered times of the month as they will all be delivered to you as one monthly bill.
The units can be permanent residences or you will be able to request the management team to rent them out on your behalf, whilst rental payment will be pooled between all owners and shared on a fair ratio at the end of every month, whilst you will be able to pull out of this scheme rental scheme at any time.
Units Available & Prices
Studio apartments 80 m2 – 102 m2 priced from 263,671 USD to 330,877 USD
1-Bedroom apartments 103 m2 – 112 m2 priced from 343,414 USD to 382,362 USD
The developer is offering an interest-free payment plan whereby you make a down payment of 50% and pay equal monthly instalments for 6 months, whilst the title deeds are ready to be delivered. Please ask for possible cash buyer discounts.
All units will be entered through a steel security door and all will offer an open-plan living and sleeping area with a fully fitted compact modern kitchen, cleverly designed storage and TV units, workspace/dining area, and modern lighting.
The open plan area will be laid with laminate and offer either huge floor-to-ceiling windows to enjoy city and nature views, or patio doors for access to shaded outdoor living balconies.
Modern bathrooms will be fully tiled from floor to ceiling, whilst the studios will offer central heating and will, upon completion be fully furnished and equipped with white included.
Overall these spacious luxury studio 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 for a high annual rental income that could be guaranteed, close to highways and public transport for easy city and airport access, ample local amenities either within walking distance or a short drive, a selection of on-site facilities and stunning views of nature.
Contact the Turkey Homes team of Istanbul property advisors today for more details, prices and availability, our Istanbul property consultants 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.
Kagithane is located in central Istanbul on the European side of the city, next to the Maslak are and just 15 minutes from Besiktas.
Since the sixties, Kagithane has become one of the largest real estate development areas in the city, Having excellent connections to all areas of Istanbul with the excellent public transport systems, The area is also very close to the third bridge and the new 13.6km underwater tunnel that connects the European side of Istanbul to the Asian side, The area also serves as a hub for the city's new international airport.
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