Sea view apartments superb investment in Maltepe

FACILITIES & LOCATION

Within a few minutes walking distance to local amenities and just a short drive away from important landmarks on the Anatolian side of Istanbul, these brand new apartments in La Mer Dragos area of Maltepe are highly recommended for viewing as one of our top picks in this area of the city.

About the project and properties

Built by a top developer in Istanbul, this brand new project offers luxury-designed studio flats and apartments for sale. This is one of the last projects that offers studio options in Istanbul as planning authorities no longer issue permits for studio units. Social facilities are available including landscaped gardens, a pool for swimming, and areas for sports. 

Inside, properties have been planned as serviced apartments and enjoy open plan living arrangements. All listings have built-in kitchens with ovens, stove, and extractor fans. Attached balconies are ideal for relaxing. Apartments from the seventh floor upwards enjoy views heading out towards the sea, while units on floors below have views of the city. Title Deeds are ready, and these are suitable for those who are looking to obtain a Turkish Passport through investment.

Facilities and features include

- Landscaped gardens and walking paths

- Large central swimming pool outside

- Areas for relaxing and sunbathing

- Sports facilities and basketball court

- Playground for children to socialise

- Smart Home systems in all listings

- Housekeeping and dry cleaning

- Reception and concierge services

- Completely secure project at all times

- Parking spaces allocated to properties

- And lots more throughout the complex

Property prices and availability

1+0 studio units sized from 47m2 and for sale starting from 180,900 USD

1+1 apartments sized from 81m2 and for sale starting from 281,900 USD

2+1 apartments sized from 117m2 and for sale starting from 455,400 USD

Payment plan information

40% down payment and balance within 12 months in A Block flats. 

50% down payment and balance within 6 months in B Block flats. 

Completion date

B Block in December 2023, A Block in December 2024. 

High rental yield

The developer has purposely located this project to be within close proximity to up to 150,000 young professionals and students, providing a pool of potential renters. Once completed, studio and one bedroom apartments are expected to enjoy high rental yields of around 6.5 – 7% per annum. This is 40% higher than the Istanbul average of 4.5 – 5% per annum.

Capital appreciation

Already an attractive centre for investors and lifestyle buyers, the location continues to develop as Urban Transformation projects continue to come to fruition. This, coupled with established infrastructure, shopping malls, universities, and transportation, increases the areas desirability each day. During the construction process, apartments are offered at discounted rates that are set to rise by around 35% upon completion.

Location in Istanbul

Rising in La Mer Dragos area of Maltepe, this project is found on the Anatolian side of Istanbul and is just a short walking distance away from the nearest Marmaray Station for commuting and moving towards the European side of the city. The closest Kadikoy-Pendik Metro Line can be reached within 500 metres. As much as ten green parks are found within a 3km radius, while the seaside itself is also just 3km away. The location also serves as a perfect investment with thousands of workers and students needing to live within close proximity.

Distances

3 minutes away from Maltepe Coastal Road

3 minutes away from Maltepe Piazza Mall

5 minutes away from Anadolu Courthouse

5 minutes away from Ritim Istanbul Mall

10 minutes away from Bostanci IDO Pier

15 minutes away from YHT Pendik Station

17 minutes away from Yeditepe University

20 minutes away from Sabiha Gokcen Airport

20 minutes away from Aydos Forest

25 minutes away from 15 July Martyrs Bridge

20 minutes away from FSM Bridge