Turkey Homes are delighted to present this off-plan project of luxury apartments in Istanbul for sale, located in the central area of Kagithane, one of the fastest-growing city centre areas sitting just 10-15 minutes from Taksim Square and many other famous city landmarks.
Back in the 60's Kagithane was a busy working district of Istanbul, a huge industrial area with numerous factories, its name coming from the paper factories, with the name translating as 'Paper House'. This gave the area an influx of industrial workers from all over the country who moved to the city for work, many workers building illegal homes and the government turning a blind eye. In more recent years, major development has been taking place with all the illegal homes gone and replaced many modern residential developments and becoming a very desirable area of the fifth largest city in the world.
Its central city 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, set to be one of the largest airports in the world when all stages are complete and 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 and its excellent transportation systems to many other parts of the city.
Location and Project Information
This project of investment apartments for sale in Kagithane is currently undergoing construction close to the Kagithane Creek that flows down to the Golden Horn in Eyup, more or less midway between the major highways of the city, the E-5 to the south and TEM to the north, both providing great city connections with Taksim Square and other attractions being just 8km away, the airport 36km and the Bosphorus shores reached via 10km drive.
The immediate area offers an extensive selection of amenities that can be reached via a short walk, banks and ATM's, shops and supermarkets, cafes, restaurants and lots more, along with several schools, large shopping centres, universities and excellent hospitals all found close by via a few minutes' drive or via the Metro line with a station just 1-minute away.
A land area of 7,256m2 was chosen by a renowned developer and all construction work will meet all the government building safety regulations, also to meet the new ruling for homes to be new homes to be insulated for heat and sound.
Delivery of the apartments is set for the end of May 2020, to consist of two residential blocks, one of 15 floors and one of 11 floors, to host a total of 144 luxury apartments with 1 and 2 bedrooms, along with 23 ground floor commercial units for doorstep shopping and dining options.
Communal areas above the shops, cafes and restaurants will offer lovely landscaped garden areas and the complex will provide residents and guests with several on-site leisure facilities to include:
- Outdoor swimming pool
- Children's pool
- Decked sun terraces
- Play area
- Vitamin bar
- Fitness centre/gym
- Satellite TV system
- Backup generator
- Outdoor guest parking
- Residents secure parking garage
All to be watched over 24/7 by security service and cameras to keep your mind at ease.
Only 1 Bedroom Units Remain Available
1 Bedroom apartments 47m2 – 141m2 priced from 662,000 TRY to 1,863,000 TRY
Anyone looking to pay the full amount in cash can benefit from a huge 15% discount from the above list prices or you can choose to pay a low 30% down payment and pay the remaining 60% over 24 monthly of instalments at interest-free rates.
The developer offers buyers the chance to be included in a 4-year rental guarantee scheme which will give you a guaranteed 9% annual income pre-tax.
Both residential blocks will be entered via a secure lobby area that will offer a lift and stairs to all floors, with apartments to be entered via steel security doors connected to the lobby entrance with a video intercom system.
The apartments are all designed as open-plan, with kitchens to be fully fitted and modern with ample units for each home, all to come complete with a built-in oven, hob and extractor fan.
Floors throughout will be laid with quality laminate except in the bathrooms that will be fully tiled from floor to ceiling and installed with the latest modern fittings.
Ample natural light will be offered for all rooms, via floor to ceiling window and patio doors, some that will open to French balconies and some to various sized outdoor living spaces, good sized glass balconies that will offer great views across the city and the communal gardens.
Every apartment will be fitted with a gas central heating system and will have the infrastructure in place for air conditioning units in the bedrooms and living areas.
In summary these luxury 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 the 4-year income guarantee, close to major highways and public transport for easy city and airport access, ample local amenities either within walking distance or a short drive, and great city views.
Contact the Turkey Homes team of dedicated 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 along with assisting you when buying the furniture for your new home in Istanbul.