Vadi Manzara Premium
Vadi Manzara Premium, one of Ankara's largest residential projects, invites you to experience a unique lifesty...
Mamak, AnkaraLocation
Istanbul Europe SultangaziDeliver date
March 2020Price from
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The TEM Point project, developed in partnership between Nata Holding and Gül Proje, consists of 686 residential units, a hotel, and a shopping mall spread across 5 blocks. The project spans 114,000 square meters of residential space, 123,000 square meters of commercial space, and 14,000 square meters of hotel space. The units in the project are designed as follows: 1+0 units range from 47 to 55 square meters, 1+1 units range from 79 to 92 square meters, 2+1 units range from 98 to 129 square meters, 3+1 units range from 152 to 168 square meters, 4+1 units range from 191 to 218 square meters, and 5+1 units are 239 square meters.
At TEM Point, payments can be made either upfront or through bank loans.
TEM Point is expected to yield a 100% premium.
The long-vacant shopping mall site near TEM in Sultangazi, untouched for years, will now be transformed into a mixed-use project with an investment of 240 million Turkish Lira. Gül Proje and Nata Holding have agreed to collaborate on this venture. The project, named TEM Point, will include residential units, a hotel, and a shopping mall. Sales for the project have already begun. Additionally, similar to Gül Proje’s previous projects, TEM Point is anticipated to deliver a 100% premium upon completion.
The story of TEM Point, one of Istanbul’s long-stalled developments, dates back to 2007. Originally, the 75,000-square-meter plot was purchased by Multi Turkmall for 55 million Turkish Lira from the National Estate. The building, initially planned as a shopping mall, was named "Forum TEM." However, the partnership did not proceed as planned. In 2009, the collaboration between Multi and Turkmall dissolved, halting construction. A year later, Atrium European Real Estate acquired the land but failed to complete the abandoned shopping mall project. The derelict structure remained untouched until 2014. Last year, Nata Holding purchased the land for 47 million euros, aiming to develop a mixed-use project under a revenue-sharing model. In January 2015, Nata Holding partnered with Gül Proje to bring this vision to life.
The lowest residential unit price starts at 653,000 Turkish Lira.
Located in the rapidly developing district of Sultangazi, TEM Point is set to become a landmark project, offering modern living spaces combined with commercial and hospitality facilities. The strategic location near TEM Highway ensures excellent connectivity to key areas of Istanbul, making it an attractive investment opportunity. The project’s design emphasizes sustainability, with energy-efficient systems and green spaces enhancing the quality of life for residents. The shopping mall will feature international and local brands, catering to diverse retail needs, while the hotel will provide premium accommodation for visitors. The residential units are designed with contemporary aesthetics, spacious layouts, and high-quality finishes, ensuring comfort and luxury. With its comprehensive amenities, including fitness centers, swimming pools, and landscaped gardens, TEM Point aims to create a vibrant community. The project’s completion in March 2020 marks a significant milestone in Istanbul’s urban development, offering a blend of residential, commercial, and leisure spaces in one integrated complex. Investors and homebuyers alike can expect substantial returns, given the project’s prime location and high-end offerings. TEM Point is not just a real estate development but a lifestyle destination, redefining urban living in Istanbul.
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