The real estate market in Turkey is rapidly increasing and the ever-changing industry offers promising investment opportunities to national and foreign citizens. In new research that listed the 25 most progressive real estate sectors in the world, Turkey secured 14th position outpacing countries such as Greece, Spain, and Portugal.
With new development projects and mega government investments pouring into the real estate market, investors from all over the world are actively seeking to purchase a property in Turkey. With high capital appreciation of the projects and the regions in general, property buyers often face difficulties in formulating an ideal and profitable investment plan.
To assist investors and provide them with a solid run-through of the real estate projects, we have decided to showcase the facts, features, benefits, and key offerings of distinct projects with utmost transparency.
In a series of Turkish Real Estate Conversations, we bring forth factual insights and overviews of the top ready-to-move and off-plan properties in the country.
Let’s explore another premium Turkish residential project- Bomonti Residences by Rotana with our CEO Mr. Abdulhadi Alalouch in this concatenation.
Bomonti Residences by Rotana
The project is located in the center of Sisli, the fast-growing Bomonti district that grabs all the attention of national and global real estate investors. Because of its proximity to the vital joints in Istanbul and owing to high rental returns, the region thrives on prestigious public and private outlays.
The residences are custom-planned to be one of the best examples of mixed-usage and ultra-luxurious properties in Turkey. It is among the most lucrative and comprehensive projects that extend a seamless blend of apartments, residences, offices, commercial stores as well as an established chain of 5-star hotels.
Bomonti Residence by Rotana is built by the leading and the most experienced Turkish developer Mar Yapi in partnership with Abdi Ibrahim, Turkey’s stellar pharma company. The project has a total of three independent blocks with 599 housing units, 60 offices, and 18 commercial units.
Key features of the project
At Bomonti Residences by Rotana, residents will benefit from staying in close proximity to highly-developed neighborhoods such as Beyoğlu, Beşiktaş, and Maslak, the buzzing regions of Istanbul. Some of the salient features include:
- 1+1/ 2+1/ 3+1/ 3.5+1/ 4.5+1 apartments
- Project size: 18,000 meters square
- Total number of units: 599
- Turkish Hamam and spa
- Outdoor pool
- Wellness and fitness center
- Garden and parks
- 24×7 security
- 1 minute away from the Bomonti Hilton hotel
- 15 minutes away from Taksim Square
- 10 minutes away from Nisantasi
- 10 minutes away from the Okmeydani Hospital
- 10 minutes away from the E5 Highway
- 10 minutes away from the Metrobus line
- 20 minutes away from Sultanahmet Square
The strategic project area is located near the July 15 Martyrs Bridge and overlooks the famous Bosphorus Strait that connects the Asian and European side of Istanbul.
Bomonti Residences by Rotana has a distinctive investment plan. Since Rotana Group is an international brand, the capitals are circulated and accepted in USD and not Turkish Lira. Considering the exchange values of the currencies, accepting payments in USD is a smart move and would attract more local and foreign investors. A total investment of $250,000 would enable buyers to obtain Turkish Citizenship. Owing to the high capital appreciation, the project also offers easy exit strategies in the US Dollar base.
If you wish to invest in the project, contact our real estate professionals to grab the best deals and discounts.
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