Akkoza Property
The apartments on this outstanding development are being released in six phases, and even though not yet released, three phases have already sold out. The last part of the second phase, Akkoza 2C which will cover 275 new residential units is now starting. All apartments are bright, spacious and light perfect for full time living.
The Akkoza development in Istanbul will consist of mid and high rise residential towers surrounded by landscaped gardens and tree lined streets linking all parts of the development together.
Entry level property prices from £45,000 with a range of Studios and 1 5 bed Apartments and Penthouses up to £650,000
Akkoza Property - Istanbuls newest off plan development at pre-launch prices. Pre-launch prices currently on offer are in the region of £700.00 per m2. In-built price increases during the construction process will see the average price per m2 rise to around £950-£1000 as the second and third phases are released at the end of 2008. This is equivalent to an increase of around 40%.
Purchasing an Akkoza property entitles investors to a free 10 year membership (value £12,000) to the new Turkish International Tennis Centre, the new world class tennis stadium is being built 15Km from the development. The stadium is set to host the Sony Erickson WTA Tour Championships, set to be held there 2011 - 2013. The membership will ensure that tennis fans get the best out of the new stadium and the top-level matches that will be played there.
The project will be an entire satellite town in one development; the focal point for leisure and retail in Bahcesehir.
Features of the Akkoza Development, Istanbul
International Hospital
Schools
Children playground
Amusement centre
4 storey, 70,000 sq m shopping mall
Hyper markets, DIY superstores
Up to 3500 vehicle car park
3,000 sq m open air festival park
Central Park
Cinemas, restaurants, cafes, tea gardens
Fitness centre with sauna, steam room, hairdresser & beautician
Swimming pools
Grand Slam standard tennis courts, basketball courts
24 hours secured compound
Walking and jogging courses
Istanbul's Bluewater Akkozas 75,000m2 shopping centre has been leased by the Dutch retail centre giant Corio and will be one of Europes showcase retail environments bringing major high street brands to Bahcesehir
The shopping centre will feature top brands from across the world, a multiplex style cinema complex, indoor and outdoor food halls, an entertainment and gaming centre and a hypermarket. It is hard to overstate the value of such a prestigious development in the context of property in Istanbul. On completion the Akkoza apartments will be highly desirable amongst the increasingly wealthy middle classes of Istanbul. This in turn gives the investor very good exit options if they want to sell or rent out their property.
Istanbul comes high on the list of top destinations for concert-goers of every genre. Within the Akkoza development a custom designed stadium has been created to play host to top local and international performers. The "Festival Park" has a seating capacity of 5000 and will be the venue for concerts, sporting events and a wide range of shows throughout the year, adding real prestige value to the whole development.
Akkoza Park aims to be Istanbul's equivalent of the great parks found in major cities such as London's Regent Park or Central Park in New York.
Excellent rental potential due to the prestigious nature of the development, the shopping centre and leisure facilities. There is strong local demand for this development evidenced by $25 million of local sales at the pre-launch stage.
Buyers at the off plan stage will have the opportunity to sell at any point to a large base of potential local buyers.
Garanti Koza are backed by Garanti Bank who are offering an off-plan mortgage product to non-nationals for the first time in Turkish history, excellent news for overseas investors wanting to take advantage of the early stage discounts available.
Complete development delivery end 2010
Prices:
1 bed (56.70m2) from $88,600 / 56,700 / £44,897
2 bed (78.28m2) - from $ 126,300 / 80,826 / £64,001
3 bed (137,13m2) - from $199,900 / 127,927 / £101,297
4 bed (181,79m2) from $260,400 / 166,645 / £131,955
5 bed (304,72m2) from $441,300 / 282,413 / £223,624
Luxury Penthouses (349,20m2) from $602,700 / 385,703 / £305,412
Prices are dependent on location within the block and M2. Easy payment plan spread over 2 years.
There are total of 5,000 apartments planned for construction within the Akkoza Evleri development Istanbul, and units are selling fast. Please contact us for latest pricing, availability and floor plans.
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