Hotel Apartments for Sale in Istanbul.
Real estate Investment in Istanbul has known the pick when the Basin Express road has been done, and all the big real estate companies in the city has been looking for a chance to build the most interesting housing projects in the city. So, what is Basin Express road?
The Basin Express road, where the real estate project PI-153 is being constructed, is the only motorway in Istanbul that connects the two main big highways in the city which are the TEM and the E-5 Highway, adding to that the area holding these smart roads connection is having the interest and support from Turkish government to be the future financial district of Istanbul. Which gives the district a huge infrastructure and real estate development recently.
The project is in one of the most valuable areas for real estate investment in Istanbul, where you can reach the subway in 3 minutes, the Atatürk airport and the 3rd airport are only 15 and 17 minutes away, and the famous Mall of Istanbul is 5 minutes away from your home. Therefore, with the agreement set between the construction company and one of a famous hotels group in the middle east, has conclude that the project was designed for investment.
Constructed on an area of 10,000 sqm, the PI-153 project is including 153 hotel apartments ready to be delivered, under a long-term payment plan with 50% down payment and 60 months of installments. The project contains closed and opened areas for car parking, commercial area, showroom, meeting room, restaurants, bakery, swimming pool, fitness, sauna and jacuzzi, there is several floors that were dedicated to two hotel brands.
Properties for investment in Istanbul are available in PI-153 under types of 1+1 and 2+1 apartments with different square meter areas between 76 sqm to 155 sqm. The project is a promising opportunity for a guaranteed rental income starting from August 2018.