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  • 3
  • Istanbul
Price £155,500
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Property Description

This recently completed development is located in one of the most popular residential areas of Istanbul, Beylikduzu, this stunning residential and shopping development comprises of 224 residential apartments and 27 commercial units.

Avenue Residence offers an excellent standard of living with a fantastic range of facilities to help you feel comfortable and relaxed in your new home, including indoor swimming pool, sauna, jacuzzi, fitness centre, roof top garden cafe, childrens play area and shopping area.

These three bedroom apartments are 158m², with modern design, high quality finish, laminated parquet in living area, video intercom system and enjoying stunning views over the Istanbul City skyline or towards the sea and marina area, prices are starting from £155,500.

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 from 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.

This area has shown to be one of the best developing areas over the last four years, offering substantial capital growth from offplan 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.

Jobs are plentiful with the bustling Mercedes Benz bus factory keeping many of the district’s inhabitants busy, 7 university campuses in the Esenyurt 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 Beylikduzu high on investors’ lists in 2012.
Just a few bullet points about the local area:
• Istanbul Ataturk airport is only 20 minutes driving distance from the development
• The new metrobus line is only a few minutes away from Avenue Residence.
• There are two motorway exits are only a few minutes from Avenue Residence, 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 20 - 30% capital growth can be expected due to shopping centre and quality of development.
• This project is in the heart of Istanbul’s new residential area
• There is a need for modern quality operated apartments in Istanbul Beylikduzu 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 to Esenyurt region but not enough accommodation for students on university campuses and very little good alternative accommodation for university students.

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