Istanbul 216

The first phase of Istanbul 216 consists of 541 residences. The second phase, comprising 579 residences across three blocks of 24, 24, and 13 floors, is situated on a 12,123-square-meter plot with a construction area of 90,000 square meters. The second phase includes 1 home office block with 1+1 and 2+1 residences ranging from 56 to 102 square meters, as well as 2 residential blocks featuring 1+1, 2+1, 3+1, and 4+1 residences spanning 52 to 246 square meters. Construction of the second phase began on March 30 and is set to be delivered to owners by June 2018.

As part of a joint campaign by GYODER, KONUTDER, and İNDER, valid from May 15, 2018, to June 15, 2018, the Istanbul 216 Residences project offers a 20% discount. Additionally, buyers can take advantage of a housing loan with a 5% down payment and an interest rate of 0.98%.

The second phase of Istanbul 216 is now on sale.

The second phase of the Istanbul 216 project, rising in Fikirtepe—the pilot area for urban transformation—has been launched for sale. Baysaş İnşaat, the first company to receive a permit from the Provincial Directorate of Environment and Urbanization, announced that 85% of the first phase has already been sold. The second phase of the project has already garnered 25% in pre-orders.

Şemsettin Aydın, Chairman of the Board of Baysaş İnşaat, emphasized that Istanbul 216 is expected to yield a 50% premium upon completion. He stated, 'When we first launched the project, the starting price per square meter was 6,500 TL. Now, prices across the project start from 8,000 TL per square meter. Fikirtepe is appreciating day by day and will continue to do so.' Aydın expressed pride in developing a project in Fikirtepe and becoming a benchmark company in the region. 'Other firms seek our consultancy services, and we assist them as much as we can. Since Fikirtepe is undergoing in-situ transformation, reaching individual agreements with everyone was extremely challenging, but we succeeded. In the project, we have agreements with landowners at a 55-45 ratio for the first phase and 52-48 for the second phase,' he added.

Lowest-highest residence price: 430,000 TL - 1,480,000 TL

Istanbul 216 is a landmark residential project located in Fikirtepe, Istanbul's pioneering urban transformation zone. Designed to offer modern living spaces with premium amenities, the development is set to redefine the skyline of the area. The project features state-of-the-art infrastructure, lush green spaces, and a host of recreational facilities, ensuring a high quality of life for its residents. With its strategic location, Istanbul 216 provides easy access to key transportation hubs, business districts, and cultural landmarks, making it an ideal choice for families and professionals alike. The architectural design emphasizes sustainability and innovation, incorporating energy-efficient systems and smart home technologies. Residents will enjoy a secure and vibrant community, complete with 24/7 security, fitness centers, swimming pools, and children's play areas. The project also includes retail spaces, cafes, and restaurants, creating a self-sufficient neighborhood. Istanbul 216 represents a unique investment opportunity, combining affordability with luxury in one of Istanbul's most dynamic neighborhoods. Its proximity to schools, hospitals, and shopping centers further enhances its appeal. As Fikirtepe continues to evolve, Istanbul 216 stands as a testament to visionary urban development and a brighter future for its residents.