An exceptional real estate investment in Basin Ekspres (Media Highway), Central Istanbul with assured exit strategy to Turkish home buyer market. Offered below market value for a limited period only, these stylish apartments are located right by Media Highway's only park, thus making them highly desirable among Turkish buyers looking for safe homes. Just minutes away from two Metro Underground stations and opposite a major university.
- Away from noise and traffic of main avenue of Media Highway
- Assured exit route to sell to Turkish home buyer market
- Income management system in place by Alpha Projects
- Comprehensive on-site social facilities for residents to use
- Two Metro Underground stations within a five minute walk
- 200 metres away from university – huge rental potential
Acting on behalf of his company, a Belgian investment group, Mr Maes was looking for investment property in Istanbul as part of a bid to diversify his company portfolio and gain a strategic foothold in a country with close ties to the Middle East and Europe. Mr Maes worked closely with our Istanbul team, looking at several areas of the city before buying several units in an off-plan project in Basin Ekspres with a five-year investment strategy.
FACILITIES & LOCATION
Apartments here are currently listed at 15% lower than the regional average, and will rise dramatically as the project nears completion – this is your opportunity to purchase at the earliest possible moment and maximise your return.
About the project and apartments
Stretching high into the sky with 21 floors, this development offers a total of 400 properties for sale and buyers can choose from homes ranging from one – four bedrooms. The project is built by one of the most sought after companies in Istanbul. B Block is completed, while Blocks A and C will be completed by the end of summer 2020.
Fully equipped, residents can enjoy access to a plethora of on-site facilities improving life quality immensely, including: shops and daily necessities, restaurants, swimming pools, landscaped gardens, sunbathing spots, and lots more within the grounds.
Offering an open plan layout inside, the apartments have been designed to offer spacious living environments with large windows and lovely views. All residences are fitted with private balconies allowing you to relax at the end of the day.
Facilities and features include
- Shops and daily necessities
- Supermarkets, cafes, restaurants
- Swimming pool with sunbathing area
- Landscaped gardens and paths
- Basketball court and fitness gym
- Parking space allocated to each flat
- State-of-the-art security in place
Apartment prices and availability
1+1 bedroom apartments from 69m2 and available from 675,000TL
2+1 bedroom apartments from 120m2 and available from 1,090,000TL
4+1 bedroom apartments from 341m2 and available from 2,415,000TL
NOTE: The prices stated above are available for a period of only eight weeks – this is the pre-launch period where prices are 15% lower than stated list prices. Analysts estimate that early investors who buy today will enjoy an upside of 25% upon completion in 15 months.
50% down payment and 12 month payment plan.
Rental potential of the homes
Strategically located in Istanbul, the project is just 200 metres away from one of the top universities in the city, providing buyers with a healthy rental stream and a pool of renters to choose from. Current figures suggest rental income upon completion of 7% per annum, rising to 9% per annum by year four.
Location in Istanbul
A fantastic location, this project is found minutes from Basin Ekspres highway in Gunesli in front of a green park area officially declared by the Turkish government as a park, provided added value for the properties as homes found in Media Highway are generally dense / busy, whereas these listings offer a peaceful lifestyle. Just 500 metres away from the new financial centre and within five minutes walking distance to two Metro Underground stations, anyone who buys here will find commuting around the city a breeze with everything close by. This is one of the top picks in this area of the city, highly recommended for viewing.