Luxury homes in Central Istanbul affordable pricesRef: PTFS0617
About the project in Kagithane, Istanbul
Kagithane is one of the strongest candidates for becoming the new centre of Istanbul, as styles of life are changing. For many years the demand for apartments of less than three bedrooms was incredibly weak, however now there is more demand for studios and one bedroom due to smaller family sizes, couples getting married later and people spending more time outside the home. This type of apartment are more in demand in city centre real estate projects and it is due to the graphical geographical structure that apartments in Kagithane are drawing more interest.
With several on-site luxury facilities for residents to enjoy, and the variety of apartments which are available Kagithane makes for a fun and ideal lifestyle or investment choice. This project has been developed by a world-class construction company in Turkey with each and every apartment finished to the utmost standards of quality.
Facilities on offer
All manner of features are offered which add character and nobility to this development. The development is made up mostly of one bedroom and studio apartments with this particular development overseen by Arton Mimarlik the famous architect. The features of his designs include neoclassical type libraries, televisions which revolve between rooms, and double sided chimneys. All features can be added to the apartments on request and already demand for this project is extremely high.
There has been great interest from Arab investors in the larger penthouse type apartments on the upper floors, and there will be a total of 220 apartments. The transport and access from this development is excellent being just five minutes from Maslak and Fatih Sultan Mehmet Bridge, seven minutes from Etiler and just 10 minutes from Taksim.
Types and prices of apartments
There are several apartment types to choose from including studios, one bedroom, two bedroom, two bedroom duplexes and three bedroom duplexes. The apartments start from 52 m2 - 227 m2 and prices start at:
Studio - 79.178 GBP
1+1 - 106.380 GBP
2+1 - 151.000 GBP
3+1 - 415.000 GBP
About the location
Kagithane is an area of great potential and is often described as the rising star of Istanbul. It benefits from the infrastructure improvements and is only 5 km from Istanbul. It is also within easy reach of the popular shopping areas.
Istanbul attracts 250,000 new inhabitants yearly; the city grew by 57% from 1975 to 2005 and is a vibrant place for trade and commerce. The problem faced by any fast pace city with such high growth rate is the stress on its infrastructure. With Istanbul bursting at the seams the town planning was extremely difficult and the transport logistics needed to be re-thought, as the business people could not afford to have two hour commutes into and from work. The solution was ambitious, however it was decided to create and use the three mixed use areas located around the expanding city. With this the integrated transport network developed to link these high-growth areas and investments were then made into residential areas that link the workers to the jobs and this was an ideal solution to the problem.
Kagithane is one of those residential areas that have most benefited from the transport improvements because it was so perfectly located.
Overall Kagithane holds superb investment opportunities whether you are looking to make a luxury lifestyle purchase for day to day living or you are thinking purely for an investment that you can rent out – there is a tonne of potential here.