Title Deed ready and suitable for Turkish Citizenship by Investment, these quality residences are found at La Mer Dragos in Maltepe on the Anatolian side of Istanbul and have lovely views heading out towards the sea and city skyline.
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FACILITIES & LOCATION
Within a few minutes driving distance to important landmarks and areas on the Anatolian side of the city, these Istanbul properties rise in La Mer Dragos area of Maltepe and are recommended as a top pick for investment.
About the project and residences
Offering luxury-designed studio apartments and residences, this complex has been built by a top developer in Turkey. This is one of the last projects where you will find studio options as planning authorities no longer issue permits for studio listings. A plethora of social facilities are available including green gardens, areas for fitness, and a swimming pool.
Heading inside, the apartments have been laid out as serviced residences and make use of all available space within. All flats have built-in kitchens with ovens, stove, and extractor fans. Attached balconies are ideal for sitting. Units from the seventh floor upwards have the added bonus of tremendous sea views, while lower floor units have city views. Title Deeds are in place and these listings are approved for Turkish Citizenship by Investment applications.
Facilities and features include
- Mature gardens and paths for walking
- Central swimming pool to enjoy outside
- Spaces for sitting and sunbathing daily
- Top sports facilities such as basketball
- Playground where kids can socialise
- Smart Home systems in all homes
- Dry cleaning and housekeeping
- Reception and concierge services
- 24 hour security and camera system
- Allocated parking spaces for vehicles
- And so much more inside and outside
Property prices and availability
1+0 studio units from 47m2 and for sale starting from 181,100 USD
1+1 apartments from 81m2 and for sale starting from 281,900 USD
2+1 apartments from 117m2 and for sale starting from 455,400 USD
Payment plan information
A Block: 35% down payment and balance paid in 26 months in USD.
B Block: Completed. Cash price only with large discounts applied.
Completion date
B Block December 2023. A Block July 2025.
High rental yield
Purposely located to be in close proximity to more than 150,000 young professionals and students, this project provides a pool of potential renters at fingertip distances. Upon completion, studio units and one bedroom apartments are expected to yield between 6.5 – 7% per annum in rental income. This rental yield is 40% higher than the average in Istanbul which is between 4.5 – 5%.
Capital appreciation
An attractive centre for investors and lifestyle buyers, the location of this project continues to develop as an Urban Transformation area. Couple this with the established infrastructure, malls, universities, and transportation links increase the desirability of the project and area day by day. Listings are offered at discounted rates during the construction process and will rise by around 35% once completed.
Location in Istanbul
Located in La Mer Dragos area of Maltepe, these properties are situated within a residential area on the Anatolian side of Istanbul and are just a short walk away from a Marmaray Station for commuting towards the European side. The closest Kadikoy-Pendik Metro Line is within 500 metres. Ten green parks can be accessed within a 3km radius of the flats, while the seaside is also just 3km away. Dragos is home to universities and government buildings, making the location perfect for investment with thousands of students and workers needing to live close by.
Distances
3 minutes from Maltepe Coastal Road
3 minutes from Maltepe Piazza Mall
5 minutes from Anadolu Courthouse
5 minutes from Ritim Istanbul Mall
10 minutes from Bostanci IDO Pier
15 minutes from YHT Pendik Station
17 minutes from Yeditepe University
20 minutes from Sabiha Gokcen Airport
20 minutes from Aydos Forest
25 minutes from 15 July Martyrs Bridge
20 minutes from FSM Bridge
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