Excellent investment opportunity in Istanbul CentreRef: PTFS0444
Invest in one of Istanbul’s most underrated yet central districts, Bayrampasa, where the ground breaking Marmaray Project is poised to deliver a major face uplift. On offer are quality bargain 2 and 3 bedroom apartments from as low as Euro 105,000 for prime central Istanbul district – a must see.
This is a boutique project, only one block with 35 residences and 11 retail outlets in total. So, investors who wish to participate in this excellent potential should rush now – we expect a high level of interest in these. They will sell very fast and the location is irreplaceable – you couldn’t place them better if you tried. We expect up to 30% price appreciation from off plan prices to completion by mid 2014, so act now and grab yourself a bargain before prices appreciate considerably.
The project sits on 3,500sqm plot over 15 floors and is built to the highest possible standards of modern real estate design. You will certainly not be disappointed with one of these units.
Property prices and availability:
The residences include 2 and 3 bedroom units ranging from 110sqm to 178sqm. Two bedroom units start from Euro 105,000 (off plan prices) and range to Euro 139,000. Three bedroom units with 178sqm living area range from Euro 172,000 to Euro 199,000. For more information on availability of the units and latest details, please give us a call today.
Ideally located just 10km from Taksim in Istanbul, nothing more than a short drive from Ataturk Airport just 11km away – an idyllic location indeed. The closest metro station is only 300 metres away or a 3 minute walk, and you will find the Forum shopping mall within close proximity too. TEM motorway is only 3km away where the E5 inter-continental route is found. Overall, the location is very prestigious in an up and coming area in Istanbul with great transport links and an ideal investment opportunity in Turkey’s biggest city.
About Bayrampasa area, Istanbul:
Bayrampasa is located on the European side of the city in between Ataturk Airport and Taksim. It is currently an industrial and residential area which is undergoing regeneration. Its central location allows for very easy commute to city’s business districts and the Bosporus. Real estate prices are lower compared to other central districts, however, with the opening of Marmaray Project and regeneration funds flowing in it is expected that the area will soon see a major face uplift, bringing with it a real estate boom.
Bayrampasa is central to the newly opened Marmaray under-Bosporus tunnel. The Marmaray rail system goes underground in Yedikule which is only 4km from Bayrampasa and continues through Yenikapi and Sirkeci, which are both within boundaries of Bayrampasa.