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Kordon Istanbul Project Review

Have you been looking for a house that you call home or an investment for your future? No need to further looking, you have just found one..Kordon Istanbul is a place where you can call home with your family and at the same time, it is a good investment. The best quality property, Kordon İstanbul is located in Maslak, Istanbul. Starting from 1,425,000₺/cash, this amazing real estate project opportunity in Turkey, Istanbul is waiting for you.

In this article, we are going to answer the following questions.

1. Who is the developer?
2. Where is it located?
3. What are its features?
4. How are properties in the sale?
5. What are the advantages?
6. Is it a suitable project for citizenship?

And we’ll answer more…

1. Who is the developer of  Kordon İstanbul?

Ege Yapı, which laid its foundations in 2006, successfully realized the contracting and real estate development of many projects in Turkey and abroad such as housing, offices, hotels, shopping centers and educational institutions. As Ege Yapı, we have made it our duty to develop privileged projects that facilitate people’s lives and offer a better quality of life. In fulfilling our responsibility to our country and to future generations, in accordance with the universal conditions of our time, to the development of the country and we aim to produce projects and make investments that will contribute to the well-being of the community and provide employment opportunities. With the awareness that natural resources are precious treasures for us, we are shaping our projects under the concept of sustainable environment. Both in architectural solutions and in the Social Responsibility projects we take part in, we are going out of mediocrity and trying to be the best in the field of every work we do.

2. Where is Kordon Istanbul located?

3. What are its features?

Vadistanbul which has the award-winning combined project of Istanbul. This is the ideal project with its green space and social life areas for investment. Besides, you will find everything you would need for a good life at Vadistanbul that is located in nature. Outdoor and indoor swimming pools, tennis courts, walking tracks, saunas, basketball courts, children’s playgrounds, and etc. Located in the middle of Istanbul’s main connection points, Vadistanbul offers fast and easy access to its residents with its Havaray connection, which is exclusive to the Vadistanbul project.

4. Vadistanbul Properties

2 BEDROOM

3 BEDROOM

4 BEDROOM

5 BEDROOM

For further information or advice about investing in Istanbul and Vadistanbul, please call or message us. Besides, for more information please check out our FAQ page and services.

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Mesa Koz

The project Mesa Koz owned by Mesa Mesken Sanayi AS is a residential/commercial project.

The residence rises in Kadikoy’s Kozyatagi region’s Ataturk Avenue. Since the district and neighborhood are quite central locations in the Anatolian side of Istanbul, the residential / commercial project attracts wide range of attention from various groups of residents and investors. The project is constituted on a single block architecture which contains 1+1, 2+1 and 3+1 types of residences as well as a few commercial units that are designed in the type of stores. There will be 280 residential units built upon 8.279 sqm land area available in the project. The delivery date of these units is estimated as May 2021 by the company.

The project is located only walking distance away from Kozyatagi metro station of M4 line and only 5 minutes distance away from Bagdat Avenue of Kadikoy. Around the project there are hospitals, shopping centers, schools and public transportation tools scattered.

Some of the social availabilities within the project entail shopping center, underground car park, fitness center, children’s playground and recreational parks, elevator, 24/7 on duty security personnel and controlled entrance to the site.

 

Mesa Koz

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Kordon Istanbul

IT IS PRECIOUS TO LIVE YOUR DREAMS, INSTEAD OF DREAMING YOUR LIFE: KORDON ISTANBUL!

WAKING UP REFRESHED EVERY DAY IS PRECIOUS!

You can make a fresh start to a healthy life in the sauna, steam room, Turkish bath, fitness, pilates area, studio and indoor pool..

DISCOVERING A NEW PLEASURE EVERY DAY!

In Kordon Istanbul, you will discover not only a brand new life but also a brand new you. You will find the opportunity to experiment with new hobbies and live your passions in social areas where every detail has been thought out. You can share more time and moments of happiness with friends and loved ones in the Kordon Life Club.

For further information or advice about investing in Istanbul and Kordon Istanbul, please call or message us.  

 

The best quality property, Kordon Istanbul is located in Maslak, Istanbul. Starting from 1,425,000₺  this amazing real estate project opportunity in Turkey is waiting for you.

Following our experience in the real estate sector both nationally and internationally, Ege Yapı laid its foundations in 2006. It successfully realized the contracting and real estate development of many projects in Turkey and abroad. The project such as housing, offices, hotels, shopping centers, and educational institutions.

As Ege Yapı, we have made it our duty to develop privileged projects that facilitate people’s lives. Also, we offer a better quality of life. In fulfilling our responsibility to our country and to future generations, in accordance with the universal conditions of our time, to the development of the country and we aim to produce projects and make investments that will contribute to the well-being of the community and provide employment opportunities.

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Bomonti Residences

Being  part of the Sisli neighbourhood, Bomonti is best known as being one of the first light industrial zones in Istanbul, and was later home for the brewery, the first one of the Ottoman Empire, which takes it’s name.

Following the construction of the Bosphorous Bridge, during the 1970’s, urban accessibility was improved and gradually the factories closed and the area became a dead zone.  Recently however, the area has been the subject of mass transformation, due to the central location within Istanbul and high land prices, and is now an area of large scale multi-storey projects. 

If you are looking for a family home, whether for your family or for tenants, which is close to the commercial centre of Istanbul and without the need to engage in a daily commute, then Bomonti Residence is undoubtedly your first choice.  With a mix of housing units, shops, offices and a 5 Star hotel, this stunning new development has everything you need for modern living.  Contemporary innovations, coupled with elegant features combine to present apartments that are just waiting for you to add your own personal touch.

International schools, hospitals and close proximity to the Bosphorous are just a few reasons why Bomonti Residence is a great choice – and being just a short distance from the shopping areas of Sisli and Nisantasi, together with a rise in entertainment venues in Bomonti itself, means that properties here are in great demand.  Finally, the central location means that transport infrastructure brings the whole of Istanbul within easy reach.

You should check out the link soon to see for yourself what living in Bomonti could mean for you and your family https://udturkey.com/properties/bomonti-residence-by-rotana/

 

 

 

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Self Istanbul

People need to find themselves, not just their needs in the place they live. They should have fun as they wish. They should walk, run, play. They should do sports whenever they want. They should be alone at any time. They should have a chat and socialise with other people at any time. People must be themselves for their loved ones. This is our understanding of happiness … We offer you a life that you can be yourself. A life where you can be happy with your loved ones. Because people are happy where they can live like themselves.

Self Istanbul, 4 Bedroom Esenyurt, İstanbul
2,000,000₺ /Starting Price | %40 DP, 36 month installment
Self Istanbul, 3 Bedroom Esenyurt, İstanbul
1,600,000₺ /Starting Price | %40 DP, 36 month installment
Self Istanbul, 2 Bedroom Esenyurt, İstanbul
1,240,000₺ /Starting Price | %40 DP, 36 month installment
Self Istanbul, 1 Bedroom Esenyurt, İstanbul
840,000₺ /Starting Price | %40 DP, 36 month installment
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Flamingo Blu

Flamingo Blu is a family-friendly project with a low-rise boutique complex consisting up of two blocks and 59 flats. All with a spectacular view. 70% of the project is landscape and built on green areas.

Spacious units, available with 2+1, 3+1 types, and duplex. Excellent outer finishing with premium quality materials. Flamingo Blu offers luxurious and modern living with branded electronic appliances, underfloor heating, high ceiling, ceramic siding, and French windows. A 24/7 security with IP cameras, video entry phones system, generator for all flats, shelter, and a water tank is available for emergencies. Elevator, car wash system, and professional facility services are available. Designed for a comfortable and relaxing lifestyle with social facilities such as swimming pool, fitness center, basketball court, party room, children playground, table tennis, billiard table, sunbathing terrace, indoor parking, etc.

Project’s Offer

Flamingo Blu, 3 Bedroom Buyukcekmece, İstanbul
1,500,000₺ /Starting Price | %50 DP, 12 months installment
Flamingo Blu, 2 Bedroom Buyukcekmece, İstanbul
1,080,000₺ /Starting Price | %50 DP, 12 months installment
Flamingo Blu
Project
Project
Flamingo Blu Buyukcekmece, İstanbul
1,080,000₺ /Starting Price | %50 DP, 12 months installment
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Why is Turkey a good choice for Real Estate Investment?

You may have heard about, or read in the press, that Turkey is one of the upcoming countries in the world, when it comes to investing in Real Estate, but you may not know why…so here are a few reasons why you should consider this unique country – a fusion of the mysterious East and the cosmopolitan West, when you are planning your next property purchase.

 

As of October 2020, there are not many countries in the world which haven’t been adversely affected by the current Coronavirus Pandemic – but Turkey has been classed as the 3rd least affected, according to the OECD.  As a result of this OECD classification, Turkey has recently launched new infrastructure projects, such as new hospitals and schools, together with a 330 Km long highway, linking the Marmara, Black Sea and Mediterranean regions, which is planned to open in time to coincide with the country’s Centennial celebrations in 2023.  Positive signs of the confidence in Turkey’s economic growth – currently Turkey has one of the fastest growing economies in the world with an average GDP growth rate of 5.5%

 

Turkey’s unique and strategic location has created an efficient and cost-effective hub to major markets giving easy access to 1.5 billion people and a combined market worth of USD 24 trillion GDP in Europe, MENA, and Central Asia within a 4-hour flight radius.  This has attracted worldwide names such as Toyota, Ford, Nestle and Hugo Boss, all of whom have chosen Turkey as a hub for manufacturing, export and management.  Such investment creates employment for the increasing number of young, well-educated citizens of Turkey, a result of the rapid expansion in the number of universities in Turkey, creating a dynamic and educated workforce.

 

Despite the Covid pandemic, Turkey’s property market continues to boom, with more than 41,000 new properties being sold in Turkey during September 2020 – 5,269 of which were sold to foreigners.  Around 8,000 new properties were sold in Istanbul, the main city for buy-to-let investors in Turkey.  (Around ¼ of these properties were bought by foreign investors)  Iranian investors accounted for the highest number of property sales to foreigners in Turkey during September 2020, closely followed by Iraqis and Russians.  Other foreign investors came from United Kingdom, Germany, United States, and China and other countries.

Buying property in Turkey is a very quick and straightforward process and is available to citizens of 129 countries.  There is no Capital Gains Tax in Turkey if you keep your property for 5 years and foreign buyers are also exempt from VAT on a first home purchase, when buying with foreign currency.

 

The country’s Citizenship by Investment programme is proving hugely popular. At the time of writing, 2843 people from 76 different countries, the majority of which are from China, have accquired property in 29 different Turkish provinces to become Turkish citizens.  A Turkish passport gives visa-free travel to 111 countries

As one of the world’s favourite holiday destinations, with almost 52 million people visited Turkey during 2019 – an increase in income of 17%, and worth more than $34.5 billion. Many visitors enchanted by the beauty, the lifestyle and the economic attractions of Turkey account for a large percentage of property sales.

 

 

  1. Thanks to a high GDP, stable inflation, a growing middle-class sector and a young, property-hungry population, investor confidence in Turkey is at an all-time high.

 

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Why Invest in …….?

Investing in Istanbul Real Estate is one of the best decisions you can make.  Due to the central and unique location of Istanbul, the history, the cosmopolitan nature of this vibrant and much sought after city, owning a property here is a guaranteed investment success.  However, thereafter comes a dilemma – in which area of Istanbul should you buy?

It’s a well known and often repeated fact that Istanbul straddles two continents – Europe and Asia, and is therefore one of the most popular cities to visit.  It is a lesser known fact though that Istanbul is actually known as Istanbul Province, and comprises 39  neighbourhoods, each with it’s own local government, and complete with necessary facilities such as housing, infrastructure, schools, hospitals, shopping malls.

Why Invest in …….Sisli is one of the 39 districts of Istanbul.  Located on the European side of the city and covering around 35Km2, it is bordered by Besiktas to the east, Sariyer to the north, Eyup and Kagithane to the west and Beyoglu to the south.

Developed as a middle-class centre during the Ottoman period, Sisli boasts wide avenues with large buildings and was home to Armenians, Jews and Greeks (and a few Turks).  Following the founding of the Turkish Republic in 1923 the area became a favourite of poets and writers and Sisli acquired theatres and cafes.  The Hilton Bosphorous Istanbul was built here in the 1950s, the first Hilton outside of USA, and was quickly followed by other presitigious hotel chains.

Nowadays the elite of Istanbul have moved further out of the city and their large homes have become banks, offices and large retail units.  Sinc the 1970s a period of renovation has taken place and most of the grand buildings have been demolished, to be replaced by modern high rise apartment blocks.  Sisli is known as a centre for shopping, and Europe’s biggest (and the world’s second largest) shopping mall Cevahir, is situated here.  The charming area of Nisantasi is known as the home for high fashion in Istanbul, and you can find many designer studios within the narrow back streets.

Şişli also has a reputation for education with some well-known high schools and a great number of dersane (preparatory courses for the annual university entrance exams), evening and weekend schools where people come to cram for university or high school entrance examinations, or to learn English.

Due to it’s central location Sisli is once again known as an up and coming area of Istanbul, and residential properties here are at a premium.  We are proud to present a number of exquisite apartments in this desirable location, complete with every modern facility and amenity for your family.

 

 

Why Invest in …….Bomonti?

Being  part of the Sisli neighbourhood, Bomonti is best known as being one of the first light industrial zones in Istanbul, and was later home for the brewery, the first one of the Ottoman Empire, which takes it’s name.

Following the construction of the Bosphorous Bridge, during the 1970’s, urban accessibility was improved and gradually the factories closed and the area became a dead zone.  Recently however, the area has been the subject of mass transformation, due to the central location within Istanbul and high land prices, and is now an area of large scale multi-storey projects.

Modern tower blocks offer stunning views of this amazing city, and being just a short distance from the shopping areas of Sisli, together with a rise in entertainment venues in Bomonti itself, properties here are in great demand.

Why Invest in …….Kagithane

Kagithane is formerly a working class district, covering an area of 14.52km2 on the European side of Istanbul, which has recently become one of the largest real estate development areas of the city.  The area takes it’s name from the former paper factories and flour mills which were prominent in the area.

Nowadays, following the introduction of new intra-city networks and urban regeneration plans, Kagithane is transforming into one of the smartest addresses in Istanbul.  New developments include a wide range of mixed use, shopping mall, hotel, campus, office and residential units.  One of the most prominent buildings in the area is Istanbul Sapphire, boasting 54 floors and rising 238 metres, Sapphire was once the tallest building in the city, and the 4th tallest building in Europe.

Why Invest in …….Esenyurt

On the European side of Istanbul, Esenyurt is a ‘new’ area of Istanbul, with lots of recent development.  Bordered by Kucukcekmece Lake on the east, Buyukcekmece to the west, Arnavutkoy and the new Istanbul airport to the north and the major E5 highway to the south, Esenyurt is becoming a favourite residence amongst Istanbulites.

Esenyurt is a developed area, with good infrastructure and transport links – the new Istanbul airport is just over 40 Km from Esenyurt.  There are four new cultural centres and four new parks in Esenyurt which add to the impressive list of facilities in the area such as shopping malls, hospitals and health facilities, Universities, conference centres, nature park and other leisure activities.

Due to land prices in the area, property here is quite affordable and it is possible to buy a brand new, modern apartment for less than $50,000.

 

Why Invest in …….Maslak

Maslak is the main business area of Istanbul, located on the European side of the city and is home to Turkey’s Stock Exchange – Borsa Istanbul, and also the huge, green leafy Belgrad Forest.

Maslak gets it’s name from the water pools brought through channels from the Buyukdere River, but it is now known as Skyscraper Central, due to the proliferation of tower blocks, some of which offer tantaslising glimpses of the iconic Bosphorous Strait.

Maslak is quite close to the centre of Istanbul, with Taksim Square being just a few stops away by Metro, from where you can easily reach all parts of the city.  In the other direction, you can find the beaches of Kilyos or watch the fishing boats at the picturesque port of Sariyer, and hardly believe you are in Istanbul at all.  The new Istanbul airport is easily reached via the new D020 road and is approximately 34 Km away.

Due to the central location, and being close to many businesses, shopping and leisure outlets, apartments in Maslak is in great demand, and are thus perfect for investors looking for buy to let property.

Why Invest in …….Eyup

Eyup, or Eyupsultan, is a district of European Istanbul, on the shores of the Golden Horn, which takes it’s name from the magnificent and imposing Eyup Sultan Mosque.  There is a gondola ride, rising up from behind the mosque, up to the historial Pierre Loti Coffeehouse, named after the French writer who was a frequent visitor in the late 19th Century.  Being the highest point of European Istanbul, you can soak up the panoramic views of the Golden Horn, whilst enjoying a refreshing drink.

Being in a central Istanbul location, and having good infrastructure and transport links to the city, this is a favoured development area and property values are rising quickly.  Apartments here are proving popular with investors seeking entry level opportunities with scope for capital growth, and a steady income from tenants who prefer the easy commute into the city.  However, it is still possible to find a modern apartment, with good views, from as little as $65,000.

 

 

 

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Return On Your Investment in Istanbul

One question everyone asks, when thinking about investing in Istanbul, is ‘how much return can I expect to receive?” and so this article sets out to explain how real estate investment works, and how to get the best return on your investment.

 

First of all, there are two ways in which you can get a return on your property investment.  These are rental income and capital appreciation.  Such returns are generally tied in with the security of a country, therefore the safer the country (in terms of policital and financial stability) the lower the risk, thus the lower the income, compared to a more volatile country, where the risks may be higher, and thus returns too are higher.

 

It is thus important, when buying in Turkey, to recognise the stability and security of the country, which is classed as “an upper-middle income country, with an impressive economic and social development performance since 2000.” (*World Bank).

 

As most investment properties in Turkey are in Istanbul, we shall focus our attention there.  Over the past 5 years, house prices in Turkey have increased, on average, by around 15% annually, however new properties in Istanbul have increased by around 25% in the same period.

Properties in Istanbul generally offer more social and leisure facilities than those in traditional Turkish cities, which increase their rental income and resale value, coupled with ongoing Governmental capital investments such as new transport links, retail facilities, education and health establishments etc., all of which combine to increase property values.

 

Another factor to consider when buying property for investment is property size.  In Istanbul, families tend to be smaller, with many people living alone – having left their birth city for the improved life and employment opportunities Istanbul offers.  Property maintenance fees are calculated based on the size of a property, plus of course, running costs increase according to property size, thus we advise that you focus on 1 or 2 bedroom properties, when buying for investment.

 

When it comes to rental income, of course this can fluctuate enormously, depending on the quality of the property, facilities nearby etc, but we can say that, on average, rental income in Istanbul is around 6% of the property price, per year.  In order to maximise your rental income, we advise that you should choose a project with proven highly sought-after properties.  Usually these can be close to a university or hospital, or similar, and almost always within a modern complex which offers leisure facilities, leading to a healthy and more relaxed lifestyle.

 

We can therefore conclude by saying that, in order to obtain the most return on your investment, you should make an informed choice, by having the most comprehensive and up to date information at hand and by dealing with a recognised Property Specialist who has a unique relationship with proven builders and who are able to guarantee the best price.  Choose wisely – choose UD Turkey!

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How to plan your Real Estate Investment in Turkey

Once you have decided that Turkey is right for your next investment, you will have many questions regarding the how’s, the when’s, the where’s and the what if’s, so this information will help you to understand the process and the timescales when you buy property in Turkey.

 

As an investor you will know that planning is key to success.  And the more information you have at your disposal, the easier it will be to make an informed decision….  Buying in any foreign country is always worrying, but even more so when you do not understand what’s being said.  At UD Turkey we speak your language – our advisors are fluent in Turkish, English, Arabic, Russian and French.

 

Your first decision will be “Where in Turkey” you want to buy.  The answer to this question depends on the reason for your purchase.  As a lifestyle investor, you may want to find the best property for your family to enjoy their time in Turkey, whether that will be for permanent, year-round living, or simply a vacation home..  however, as an investor, only the numbers are important.  You will want to find the property which will give you the best return on your investment, in terms of rental income and capital appreciation.

 

As a vast country, there are many areas of Turkey which may suit your needs, and as you begin your search, you may discover that what you had previously thought was the best location for you, is not the case.

 

UD Turkey is unique in that we can help you with your search in ALL areas of Turkey, so you can deal with the same company whether you are buying in Beautiful Bodrum or Incredible Istanbul!  We work with the best developers around the country and can thus offer you advice and support regarding the best area for your purposes.

Once you have decided on your preferred area, you need to find the right property at the best price.  Due to our special relationship with builders we can guarantee the best prices on the market, as you are dealing direct with the developer.  We will send you details of several different property options, within your chosen area and price range, so that you can make an informed decision, before you even visit Turkey.

 

Your next step will be to see the area of your choice in person.  Again UD Turkey can help you to make the arrangements and will suggest quality hotels, so that you are ready to see the properties after a good rest.  We will be with you as you inspect the properties you have already pre-selected, to act as translator and to answer all of your questions.

 

Once you have decided on your property, we will assist you with the buying process, introducing you to qualified and trusted solicitors, help you to open a Turkish bank account and arrange Power of Attorney so that we may continue to complete the purchase on your behalf, after you have returned to your country.

 

UD Turkey’s Legal, Aftersales & Property Management teams will continue to work with you, and for you, to find tenants for your property (if required), to enable you to start receiving income from your investment.

 

So you can see, that buying a property in Turkey is an easy and streamlined process, when you work with a qualified, experienced and dedicated team of Property Specialists.

 

 

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