MIXED -USE ARCHITECTURE
Istanbul
Istanbul in general is a very buoyant market and sales for the last few years have been getting faster and faster. 2012 saw record in sales in Istanbul with over 1.1 Billion US Dollars being invested in just one month in the real estate sector by overseas investors.
The Project Symbol Residence is situated in the Beylikduzu, Esenyurt and Bahcesehir triangle, one of the strongest growth scenes within Istanbul, due to its proximity to the city centre, major transport links of E5, the new TEM service and public transport, meaning the centre of Istanbul is just a 25 minute journey away and only 12km to Istanbul Ataturk Airport. This area is appealing to Istanbul Residents as it offers high quality accommodation within well serviced complexes, away from the over crowded city life but within an easy commute.
ATATURK AIRPORT
The Investment This area has shown to be one of the best developing areas over the last four years, offering substantial capital growth from off-plan developments and fantastic rental opportunities. The growing prosperity drives forward housing demand; 70% of the residents in Istanbul are under 30 years of age and a further 250,000 people migrate to Istanbul each year. These impressive figures indicate the advancing housing shortage in Istanbul! This certainly will continue to drive Istanbul property prices upwards. Project Coordinates 41° 01’00.00”N / 28°40’52.11”E
The Location
Symbol Istanbul is located in the European side of the city, close to the areas of Esenyurt, Beylikduzu and Bahcesehir, on the connection road between E5 and TEM. Ideally located close to major transportation links to the city centre and Ataturk International Airport. This area has one of the strongest growth scenarios within the city of Istanbul, the increased number of well managed, facilitated residential developments has contributed to this growth factor and with more recent mega developments such as Symbol Istanbul encompassing shopping, leisure, business and residential all in one place the sky really is the limit. The nearby seaside area of Büyükçekmece (5 minutes away) is very popular with Istanbul residents as a day trip and weekend break location. It is dotted with long sandy beaches, restaurants, café bars, night clubs, parks, marina, yachting club and modern water park. The west Istanbul Marina is just 2km away from Symbol Istanbul on the south coast with nice fish restaurants, the perfect destination for an evening out. With a large number of supermalls in the area there is no shortage of activities and entertainment to enjoy your leisure time, Torium Shopping Mall is just 1km away, Carrefour Mall is just two minutes away and the Akkoza Shopping Mall is five minutes away from Symbol Istanbul. Transportation links to other areas of the city are easily accessible from Symbol Istanbul, located between the two major highways of the TEM and E5 travel by car is an easy option, the increasingly popular Metrobus line which extends to Beylikduzu will pass just 500m away. The Ambarli Seabus Quay is nearby next to West Istanbul Marina providing a refreshing escape from City traffic. In addition to this just 12km from Istanbul’s main airport, Istanbul Ataturk. In 2012, the new Istanbul-wide metrobus system was completed and Haramidere Station is only minutes away from the development, you can find these attractions all close by: Shopping malls within 1km from the development including Mediamarkt, Park, Carrefour, Torium Shopping Mall.
Kücükcekmece Lake 3.8 km Büyükçekmece beach 7 km Marmara Sea 6.2 km Ginza Shopping centre 3.6 km Real Shopping Centre 1.6 km Migros Shopping Mall 1.7 km Mc Donald’s 1.8 km TV Tower Concert Hall 4.5 km Tuyap conference hall 4.4 km Medicana Hospital 2.3 km Acıbadem Hospital 2.3 km
Bauhaus 1.5 km Beykent University 2km Istanbul University Avcilar Campus 3km Blue Flag long sandy beach 4.5km Recreational park 7 km The main Taksim Square area is just 30 min away, the main banking and financial district is 30 min away. The closest 18 Hole Golf Course is a 35 minutes drive and the Aqua Parks are all 15 minutes drive away.
Istanbul ranked in the 4th place among 27 important cities in Europe – PriceWaterhouseCooper – Emerging trends in Real Estate 2013 Istanbul scores highly in PwC’s “Ones to Watch” – PriceWaterhouseCooper – Emerging trends in Real Estate 2013 In 2013 “its Istanbul for opportunity” – PriceWaterhouseCoopeer – Emerging trends in Real Estate 2013
Accountancy firm Ernst & Young ranked Turkey the second most attractive market for investors in its 2013 European Real Estate Trend Indicator report Turkey has 15th largest economy in the world and 6th in the EU
General Information
Jobs are plentiful with the bustling Mercedes Benz bus factory keeping many of the district’s inhabitants busy, 7 university campuses in the district with huge student population demanding accommodation, very close to the new industrial and free trade zones with many white collar workers looking for high quality rental accommodation in the area, guaranteeing huge demand for available living space every year. The district is also close to the city centre and university campuses and close to the booming Beylikduzu district. Town planners are in the process of creating concepts for cutting edge mixed use developments modelled on those being created elsewhere in the city. Many of those are reaching completion and which makes property in Istanbul high on investors’ lists in 2013.
3 BLOCKS
1242 residential, 500 office, 48 shops
The Facts
• Istanbul Ataturk airport is only 20 minutes driving distance from the development • Increasing FDI with multinational companies such as Sony Ericsson, Vodafone, HSBC and Tesco setting up offices creating an excellent long term rental market • 55% of all trade in Turkey is generated from Istanbul • Thriving city of 14 million people, 17,8% of Turkey’s population • Demand for housing far exceeds supply with the gap estimated at 250,000 units p.a. • Rental yields of 7% - 10% are being witnessed • The new metro bus line is only a few minutes away from Symbol Istanbul. • There are two motorway exits are only a few minutes from Symbol Istanbul, providing easy access to every part of the City. • The new tube station will be built only a few hundred meters from the development. • Average of 30% to 50% capital growth can be expected due to shopping & business centre and quality of development. • This project is in the heart of Esenyurt’s new residential area • There is a need for modern quality operated apartments in Istanbul Esenyurt region. • This development is very close to the new industrial and free trade zones and with many white collar workers looking to rent properties in that region. • There are more than 7 universities close by but not enough accommodation for students on university campuses and very little good alternative accommodation for university students.
Please see below full floor plans and internal photographs of the show houses for the studios, one bedroom and two bedroom apartments. Since the project has released it is 85% sold out, we have secured some of the best remaining units, including studio apartments from £28,500 and with sea views from £30,000, one bedroom apartments from £56,000, two bedroom, two bathrooms apartments from £105,000. Pay just 50% now and take monthly installments until completion for the balance.
STUDIO 40.74m²
Starting from 28.500 £
ENTRANCE
HALLWAY
LIVING AREA
BALCONY
BATHROOM
ONE BEDROOM APARTMENT 60.66 m²
Starting from 56.000 £
BALCONY
LOUNGE & KITCHEN BEDROOM
HALLWAY BATHROOM
ENTRANCE
TWO BEDROOM APARTMENT 101 m²
Starting from 105.000 £
ENTRANCE
BATHROOM ENSUITE BATHROOM HALLWAY
MASTER BEDROOM
BEDROOM
BALCONY
LOUNGE & KITCHEN
Facilities
Indoor / outdoor swimming pool Turkish bath, Sauna, Jacuzzi, Fitness centre Basketball & Tennis court
Restaurants Bars Walking paths Social park Doctors / emergency centre
Social park Hairdressers ShopsMovie Teather Children’s playground Landscaped gardens
Outdoor and underground car parking On-site management services Business Centre Concierge 24 / 7 security
BUILDING
APARTMENT
COMMUNAL
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High quality finishes Three elevators One elevator for staff Two staircases Pressurised water system Natural gas, central heating system Lightning conductor Power Generator- common areas Water tank, Sewerage system Gas detectors, Fire system Provision for air conditioning Sound and thermal insulation Earthquake detectors central Internet connection Cable TV 24/7 CCTV security Underground parking Video Intercom system Furniture pack optional Electrical pack optional
Modern design High quality finishes Thermal and sound insulation Central heating system Thermostat radiators Provision for air conditioning Video intercom system Fitted MDF modern kitchen Kitchen floor with ceramic tiles Double glazed UPVC windows Satellite system Steel entrance door Modern design shower room Laminated parquet in bedroom Laminated parquet in living area Internet and phone points Multiple electrical points
Indoor /outdoor swimming pool Turkish bath Sauna, Jacuzzi Fitness centre Tennis court Basketball court Restaurants Bars Walking paths Social park Hairdressers Shops Children’s playground Crèche Landscaped gardens Artificial lakes with bridges Doctors / emergency centre Outdoor and underground parking On-site management services 24 / 7 security
A BLOCK
B BLOCK
Shopping Mall
C BLOCK
CONTACT DETAILS Claire Stanley Invest In Turkey Email: claire@investinturkey.co Tel: +90 541 638 63 00