New One Bed Appartment for Sale in Astrum Towers, Istanbul, Turkey
Luxury Appartment Istanbul
High capital growth is expected due to massive investment and redevelopment, together with rapidly growing population generating high demand in this area.
Strong resale potential to both foreign investors and to the local market - especially local middle classes and professionals.
Healthy buy to let market with a wide supply of tenants from the local population and realistic rental returns (expected 250 euros p/month) providing a secure and reliable income.
An easy to manage 'hands-free'' investment: a prestigious management company will be in charge of the development, and can manage rentals if required.
Location: It is in a government designated growth area, a young and trendy suburb, well placed to attract the young workforce and student market that is growing rapidly in the area. In the vicinity of 4 universities, shopping centres and major industrial, retail and service outlets. Tuyap Exhibition Centre Turkey' s largest Fair, Convention and Congress Center is nearby which also means constant demand for accommodation in its surrounding area. There has been major investment in infrastructure in the area. A new extension to the Istanbul metro, Bezimkent metro station, is scheduled for completion in 2011 and will be close to Astrum Towers, allowing fast and frequent access to the centre of Istanbul. It is also next to the E5(D 100/TEM Highway) which is the primary road link to Europe plus into Istanbul centre. Result - journey times to central Istanbul have been reduced to between 30 and 40 minutes. Ataturk Airport Just 20 km away. Buyukcekmece Beach, one of the most most popular beaches for Istanbul residents is a 10 minute drive from Astrum Towers. It has sandy beaches, cafes, restaurants, and promenade. A new marina is close to completion and there is already a popular water bus service that connects to central Istanbul. Also, one of Istanbul' s largest new hospitals is close to Astrum Towers. Conveniently nearby is the proposed site of the Green Valley initiative. The government funded redevelopment of this 4.5 km long strip of land connecting the local area of Astrum Towers with the Sea of Marmara is designed to regenerate the whole region The proposed amenities will include: cultural and arts centres, open air theatre, Go-kart track, restaurants and cafes, children' s play areas, water theme park, open air swimming pools, tennis and basketball courts.
About This Property
Category
Apartments
Sold by
Owner
Address
Astrum Towers
Istanbul
Turkey
Istanbul
Turkey
Built
2009
Area
39 m2
Stories
23
Bedrooms
1
Bathrooms
1
Sleeps
2
Features - Amenities
- Appliances
- Pool
- Tennis Court
- Gym/Spa
- South-facing
- Sea views in distance
- Communal parking
- 24 hour security
- Outdoor & indoor swimming pool
- Two saunas
- Café, Restaurant
- 650 sqm Basketball Courts
- 350 sqm Fitness centre
- 150 sqm Aerobics studio
- Wireless internet access
- Shopping centre
- High Capital Growth due to high demand and major investment in area
- High Rental returns (estimated 250 euros p/month)
- Next to major highways connecting to central Istanbul
- New extension to Istanbul metro scheduled for 2011 very close
- Next to good bus service - easy access to central Istanbul
- Near water taxi service to central Istanbul
- 10 mins popular beach and new marina
- Near 4 universities,
- Near large shopping centres, major industrial/service outlets
- Near new Green Valley Initiative offering cultural and arts centres, open air theatre, Go-kart track, restaurants and cafes, children' s play areas, water theme park, open air swimming pools, tennis and basketball courts.