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Serviced apartments in a unique residential project in Istanbul

Turkey, Istanbul
ID TUR54876
Object sold
Serviced apartments in a unique residential project in Istanbul
from $890,000

from 89 m² • from $13,934 m²

Turkey, Istanbul
from 89 m²
1–5 beds
1–5 bathrooms
ID TUR54876

Cost

Property cost $890,000 – $8,890,000
Price for m2 $13,934 – $10,000
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Distances

Sea 5km
Airport 28km
Infrastructure 100m

Yield and management

Yield 8%
Property management Yes

Description

For sale are apartments in a 50-storey multifunctional tower – one of the tallest towers in Istanbul, which is a new city landmark. The project is located in Uskudar, an area on the Asian shore of the Bosphorus, opposite the Besiktas area. Uskudar is famous for its beautiful coastline, Maiden’s Tower, Beylerbey Palace, Camlıca Hill and Mosque, Fethi Pasha Grove, historical sites and more. The project, in addition to apartments, includes a hotel, a spa center, a restaurant serving both residents and a wider area.

On the first 11 levels of the tower is a five-star hotel. Above it are luxury residences ranging in size from large one-bedroom apartments to duplex five-bedroom penthouses. The tower is crowned with a unique picturesque restaurant and a public viewing platform, which offers an unsurpassed panorama of the Bosphorus and its environs. Two impressive floors with amenities on the 10th and 42nd floors offer a private pool and luxurious spa for both hotel residents and apartment residents.

This project is an investment opportunity unparalleled as the project consists of serviced apartments with an annual return estimated at 8%, which roughly covers the entire annual fee of the investor.

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Real estate

Object type Apartments
Object category New house
Object stage Ready
Permits On hand
Year of construction 2020
Design features Ownership
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Characteristics

Total area 90 m²
Number of storeys 50
Bedrooms 1–5
Baths 1–5
Parking type
Number of parking spaces
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Equipment

Properties

Elevator
Balcony
Public pool
Concierge desk
SPA
Gym
Sauna
Garden on the plot
Security
Internet
TV
Restaurant

Location

Object sold
from $890,000

from 89 m² • from $13,934 m²

Zlata Erlach investment
programs expert
Turkey Citizenship

Property is eligible for the program and Turkish citizenship.

Immigrant Invest is the official representative of the program.

$400,000+ Investment amount
6—8 months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

Zlata Erlach Caribbean Investment Program Expert
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programs expert
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