Exclusive Luxury Co-living Residences In Istanbul For Sale

KYAGYITHANE, Istanbul, Turkey

Asking Price:: $215,000 (USD)

Sales Revenue:: Undisclosed

Cash Flow:: Undisclosed

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THE PROJECT HAS A UNIQUE FOR ISTANBUL CO-LIVING CONCEPT, WHICH IS THE IDEA OF CO-LIVING - THE OWNER IS A CO-OWNER OF 5500 SQUARE METRES OF SHARED SPACE WITH OTHER PEOPLE, USING IT FOR WORKING, EATING, RELAXING AND SOCIALISING.
THE PROJECT OFFERS 99 MODERN AND FULLY FURNISHED FLATS, WITH THE POSSIBILITY OF RENTING OUT THROUGH A MANAGEMENT COMPANY.

INFORMATION:

GUARANTEED LEASE ROI - 5.5% P.A. FOR 10 YEARS
CAPITAL INCREASE - 50% (UPON PROJECT DELIVERY)

INITIAL COST: $215,000
AREA FROM: 39 SQ.M.
DELIVERY DATE: SEPTEMBER 2024
DOWN PAYMENT: 50%
INSTALMENT PLAN: 6 MONTHS

Property Information

Real Estate:: Real Property Included

Location:: Situated in the vibrant Kyagıthane district of Istanbul, this project offers the perfect blend of modern living and convenience. Kyagıthane is a rapidly developing area, known for its strategic location close to key business hubs, shopping centers, and cultural attractions. With excellent connectivity to public transport and major highways, residents can easily access the best of Istanbul.

Premises Details:: The project features a unique co-living concept, making it one of a kind in Istanbul. It includes 5500 square meters of shared space designed for working, eating, relaxing, and socializing. The premises offer 99 modern and fully furnished flats, each thoughtfully designed to provide comfort and style. Residents can also enjoy various communal areas, enhancing the sense of community and interaction among co-owners.

Business Operation

Expansion Potential:: Given the increasing interest in co-living spaces and the strategic location in Kyagıthane, there is significant potential for expansion. The concept can be replicated in other emerging districts of Istanbul, attracting a broader audience. Additionally, the management company's rental service offers a lucrative opportunity for investors to maximize returns. With the growing trend towards flexible and community-oriented living, this project is well-positioned for future growth and success.

Competition / Market:: While there are several residential projects in Istanbul, the co-living concept of this project sets it apart from traditional developments. Its focus on shared spaces and community living caters to a growing demand for innovative living solutions. The high quality of furnishings and amenities further positions it as a premium choice in the competitive Istanbul real estate market.