Erguvan Premium Residence Ref: 2185

The Erguvan Premium Residence project, developed by Erguvan Construction, consists of 284 apartments and 10 commercial units spread across two 9-story blocks. Built on a 10,350-square-meter plot, the project boasts a construction area of 38,000 square meters. Erguvan Premium Residence offers 178 units of 1+1, 88 units of 2+1, 9 units of 3+1, and 9 units of 4+1 apartments. The sizes of the apartments in the project range between 55 and 158 square meters.

For those looking to take advantage of the contract-based sales starting in May at Erguvan Premium Residence, a prepayment of just 1,000 TL is sufficient today. Homebuyers can reserve their desired apartment by paying only 1,000 TL and will not be affected by future price increases.

Expected rental income: Starting from 1,500 TL

Erguvan Construction's fifth project in Kurtköy was shaped by surveying 12,000 people. A poll was conducted on the website www.buradaneolsun.com regarding the number of residential units, the project's name, built-in appliance options, and architectural features. Based on this survey, the project was named Erguvan Premium Residence. The project will introduce Kurtköy to eco-friendly LEED Gold-certified residences. Located right next to Teknopark Istanbul, where Turkey's innovative future is being built, Erguvan Premium Residence also opens the door to guaranteed investments due to its prime location in an area with high housing demand. Every detail of the project, from its name to its architecture, was determined with input from 12,000 potential customers, attracting white-collar professionals such as engineers, pilots, and senior executives.

Located at the entrance of Kurtköy on Ankara Street, Erguvan Premium Residence faces Teknopark Street and is within walking distance of Sabiha Gökçen Airport. Upon completion, the complex will feature a plaza managed by Erguvan Construction. The company will assist with all property management and rental processes post-sale, handling utilities such as electricity, water, and natural gas, ensuring tenants avoid any time-consuming hassles. At Erguvan Premium Residence, 1+1 units are expected to rent for 1,500 TL, while furnished apartments may range between 2,000 TL and 2,500 TL. Emre Maraşlı, Managing Partner of Erguvan Construction, stated, "Our rental multiplier is reasonable! A property with a rental income of 1,500 TL has a term cost of 315,000 TL, giving us a rental multiplier of 210. Not only is our rental multiplier very favorable, but we also anticipate significant appreciation. We hope this project will provide double gains for homeowners." Thirty percent of the project was sold before the official launch.

Lowest-highest housing price: 312,500 TL - 1,150,000 TL

Additionally, Erguvan Premium Residence is designed with sustainability in mind, featuring energy-efficient systems, green spaces, and modern amenities that cater to a high-quality lifestyle. The project’s proximity to key business hubs, educational institutions, and transportation networks makes it an ideal choice for professionals and families alike. The architectural design emphasizes open spaces, natural light, and community-oriented living, ensuring a harmonious environment for residents. With its strategic location and forward-thinking design, Erguvan Premium Residence stands as a landmark of modern urban living in Istanbul.