This award winning project is certainly Istanbul’s most impressive new build complex. In independent research conducted by Forbes magazine on ongoing sales projects in İstanbul, this project was selected as the project with the highest living standards and highest potential of return on investment (in 2019).
This huge complex neighbours the gigantic Istanbul Financial district (IFC). The IFC has been under construction for nigh on ten years, and as it approaches completion, all major banks of Turkey must move to this district – including the Turkish central bank and regulatory bodies. Completion is due for 2021.
This beautifully designed complex shares the same avenue as the IFC – the investment potential is clear for all to see.
Designed in three phases spreading over 140,000 sqm, the centrepiece of the complex is the Finance Avenue – providing an impressive selection of Cafes to restaurants, from flowers shop to bookstores just by walking. This tower residence is the second phase and is currently under general sale. The first phase delivered on time in 2018, but had already sold it in 2017.
An impressive sports complex with multiple facilities such as fitness and swimming pool is already on offer within the compound. There is also a huge city park with conceptual kindergartens and walking paths.
The colours of spring, the sun in the summer and the Winter scenery will be beautiful with the effect of the building’s brick facades. The gastronomic garden within the city will provide an environment for natural fruit and vegetable cultivation.
Situated at a key crossroad of the two Bosphorus bridges the location is prime Istanbul. Atasehir is already home to expensive and luxury glass high rises, giving it the feel of Manhattan. A metro line linking the region to key train lines is under construction and due to finish concurrently as the IFC.
This project truly challenges the misconception amongst investors of buying on the Asian side. Expect excellent annual returns from professional tenants, and double digit capital gains. Investors in the first phase in 2017, have seen in excess of 90% capital gain (by 2020 and in Turkish Lira terms).
