1 bedroom apartment for sale
Turkey - Istanbul, Bahcesehir
like this property?Call: 03339 395623
- Rental Guarantee at 7%
- Only 30% Deposit
- Mortgages available
- luxury lifestyle residence
This Residence will combine traditional architecture with modern lines and provide a healthy, peaceful and safe living area.
The development has a number of fantastic features including a man made river system with bridges. It will have a children’s day care facility and a children’s play area. There will be landscaped gardens, bars, restaurants and a whole array of sport facilities.
• Pre-Release Prices
• One and two bedroom apartments
• Only 30% Deposit
• Rental Guarantee at 7%
• Mortgages available
This Residence is close to amenities, on a radius of 2 km are Bahcesehir University, Akkoza Shopping Mall, Migros Shopping Mall, Aqua Dolphin Park, TEM Highway (E6), Hospital, municipality leisure park. It is 5 mins drive away from the Olympic Stadium, 10 mins drive away from Ataturk International Airport and 20 mins drive away from Istanbul town centre.
• One bedroom penthouse apartments
• Two bedroom penthouse apartments
• One bedroom apartments
• Two bedroom apartments
• Contemporary design
• High quality finishing
• All two bedroom apartments have family bathroom and en-suite
• All apartments will have an entrance wardrobe
• All apartments with have a designated car parking space
Once completed, this master planned community will incorporate a balanced mix of studio, one bedroom and two bedroom apartments. It will include a modern spa and health centre, a multitude of shops, bars, restaurants and other commercial amenities that suit a luxury lifestyle residence.
Every lifestyle and recreational amenity has been considered in this ultimate luxury lifestyle residence including:
Turkey is a country entwined in history, mythology and people. It has been called “the cradle of civilization” and by travelling through this historic land, tourists will discover exactly what is meant by this phrase. The heir to many centuries of cultures makes Turkey a paradise of information and cultural wealth. Turkey is unique for each tourist in part!
In recent years, Turkey has become a major worldwide tourist destination with around 30 million tourists a year. With the rapid development of both summer and winter resorts, more and more people from around the world are able to enjoy the history, culture, and beautiful sites of Turkey. From swimming in the Mediterranean to skiing in Uludag, Turkey has something to offer every tourist. Through decades of change and growth, Turkey boasts this success, living by its adopted motto of “Peace at Home, Peace in the World“. The Financial Times has rated Turkey among the 10 top locations in the world where real estate investors can safely buy residential or holiday homes.
London-based Global Property Guide announced recently that “Turkey is Europe’s most attractive real estate market”. Due to strength of the banking sector the effects of the global financial crisis was substantially less than in most European markets and recovered almost immediately. Turkey is the 9th most popular country for foreign investment, ahead of Brazil, Thailand and Mexico. In the last twelve months all the rating agencies Fitch, Moody’s, etc. have upgraded Turkey whilst downgrading many European countries like Greece, Portugal and Ireland.
Mortgage lending commenced in 2007 and with the Central banks policy of decreasing interest rates the housing market is stimulating demand, added to this is that there exists an annual housing deficit of 350,000 units.
Turkey is the 15th largest economy in the world and the 6th largest economy compared to the 27 EU Countries in 2007 (IMF-WEO). Turkey has been identified by the US Department of Commerce and the World Bank as one of the ten most promising emerging economies. Turkey’s population of 71,5 million has an average age of 28, 65% of the population is below 34 years old. In 2010 the average GDP was in excess of 11% making Turkey the 3rd fast growing econonmy in the world.
Turkey is expected to become a full member of the EU within the next 10 years, meaning that a major increase in property values is anticipated. ABTA forecasts an incredible 25% growth in British visitors to Turkey for 2011. Jim O’Neill, the Goldman Sach’s economist, who first coined investment category term “BRIC” (Brazil, Russia, India and China) has forecasted that Turkey and Indonesia will grow beyond expectations. He says ”Turkey will grow faster than expected”. Due to Turkey’s recent economic performance, Jim O’Neill has put Turkey among the N-11 group, which is another term like the BRIC used to define economies with high potential. O’Neill believes that Turkey will present many investment opportunities in the coming years.
In the last decade Istanbul has fast become one of the foremost cities of the world. Rising above the Bosphorus Straits that cut the historic centre of Istanbul in two the city bridges diverse cultures and strengthened by its cosmopolitan nature inherited from successive civilizations, the city is a great source of inspiration. With its world class museums, classic buildings, its renowned biennial, its galleries and its art fair, Istanbul has become a very important tourist destination in addition to being the financial centre of the country. Travellers to the city enjoy both the historical sites as well as the contemporary art scene.
The mystique of Old Istanbul and the charm of Istiklal Street, a pedestrian mall. Each turn around a building will lead you to a street filled with electric shopping, outstanding cuisine, cultural attractions and side streets boasting lots of nightlife: chic cafe-bars, bistros, restaurants and music clubs.
The long and exotic history of Istanbul makes for incredible sightseeing, and it also provides a design sensibility that is elegant and modern, but classically Turkish. Blending the traditional dimensions of East and West, the magical city of Istanbul reflects the spirit and culture of the past and present descending the depths of history:- Roman, Byzantine and Ottoman. Istanbul is perched on seven hills where you will find countless terraces and rooftops beckoning us to relax, beverage in hand, to come and listen to the call to prayers being called or rung out from the myriad of mosques and basilicas or to gaze at the hundreds of boats in the Golden Horn. The unique beauty of the Bosphorus Strait spread out below us, for this city, matured and kneaded with thousands of years of history, has an incomparable view, one imbued with human energy and striking appeal.
Istanbul was once the capital of the world and known as Constantinople. The colours, the sights and the people! Indeed a cauldron of cultural confluence. Crossroads of religions, continents and races. Capital of the Byzantine, then the Romans and then The Ottoman Turks.
Bahcesehir is located 20 kms from the city centre, it is only 2 kms from the TEM motorway and approximately 17 kms from the main International Airport Ataturk. The beach of Buyukcekemece is only a 5 minute drive away. Bahcesehir also has a main line train station called Ispartakule which is only a few minutes drive from the new development. It is also connected by various local and express bus routes.
Bahcesehir means “Garden City” and is an area particularly attractive to the upwardly mobile middle classes of Istanbul who are the first generation ever to have the option of buying a property using a mortgage. Statistics show that the capita per person is 6 times the average in Turkey. The new mortgage options in Turkey are set to transform the market over the coming decade, with housing loans currently constituting only 5% of consumer debt in Turkey as opposed to 50% in established European states. Bahcesehir has been one of the top developing areas in Istanbul in recent years. It has become a major middle class residential area and has a number of shopping malls such as Akbati shopping centre, Akkoza mall and Prestige mall. Soon the new Bluewater shopping centre will open which has been leased by the Dutch retailers Corio. The original master plan was to build a huge park in the centre in the valley and surround the valley with residential properties. This is what makes Bahcesehir unique and a prime location for living.
In the heart of Bahcesehir you will find the first and largest man made lake in Turkey. Covering an area of over 300,000 metres it is surrounded by parklands with restaurants, a tea house, sports facilities, running track, horse riding, equestrian club, golf clubs and its own amphitheatre where there are regular shows. The whole area is surrounded by trees and green areas. The population of the district is just over 388,392 (2007) and covers some 10,000 hectares. The largest waterpark in Istanbul, the Aqua Dolphin Park is situated in Bahcesehir with three large pools and an assortment of waterslides and rides. It also offers a wide range of entertainment and shows.
This Residence is destined to be a premier family residence offering luxury accommodation, a shopping mall, indoor and outdoor activities. Close by to the development is where the new campus for Bahcesehir University is being built which makes This Residence a very attractive investment opportunity as the complex will certainly attract the many foreign and wealthy students who will require good furnished accommodation in the vicinity.