A top player in the construction sector of Turkey is introducing Innovida 1, a modern, one of a kind residential community in the Beylikduzu Ezenyurt region of Istanbul.
Innovida will be a 1,000 unit residential development located 30km’s outside the center of Istanbul due to complete in December 2010. Close to airports, universities and the coast, the location of this development will be a star attraction to bulk-buy investors with a capital gains or high rental yield strategy.
The development will be an attraction to the local professional workforce in either the manufacturing industrial districts of Ezenyurt or workers commuting to central Istanbul.
Ezenyurt is a fast growing municipality in the European part of Istanbul. It is situated just west of Istanbul and had a population of 253,084 in 2007.
Innovida 1 Features
The modern contemporary residential Turkish complex of Innovida will be one of Turkey’s and Europe’s most impressive residential projects.
The projected construction area will be 61,000 sqm2 with 85% dedicated to being a green area. In total there will be seven 19 storey detached apartment blocks in this phase. Showcasing some of the most sophisticated and modern social facilities, Innovida 1 will feature a beautifully designed landscape of woods and meadows, hiking, jogging, & cycling tracks, and amphitheater and high tech residential living with the state of the art security systems.
Security staff will patrol Innovida 1 for 24 hours a day, 7 days a week to provide a safe living environment. It is also Turkey’s first gated community.
ModernOnline Concept – High Tech Residential Living
Another great and innovative invention is the ModernOnline concept of Innovida 1. Each home will feature Touchmatic-screen monitors. They will provide intercommunication between all the residents of the community. The touch buttons each refer to a particular function:
- My Profile: Personal information about community residents and a meeting point for residents who share a common interest looking to build relationships.
- My Group: Would enable residents to find partners for sports events and games.
- My Booking: Enables people to make bookings for restaurants and sport events.
- My Order: For deliveries of cafe, restaurant and supermarket orders.
- Second Hand: Classified listings access within the community.
- Last Minute News: To provide news and announcements about Modernist and Yesil Insaat.
- Live Transmission: Residents can watch their children playing in the day care center and on the play grounds, plus they can also monitor available car parking spots at the shops, sport event availabilities and shopping areas.
Interested buyers can choose between 18 different floor plans ranging from 1, 2 & 3 bed room apartments. Unlike many other modern residential buildings, Innovida 1 residents will have the benefit of their own covered parking and storage area which is a huge plus.
Innovida 1 is currently going through the first phase of construction. Overall phase 1 will provide 1,000 apartments to investors. It will be built in three phases and residents of the future will be able to enjoy:
- a shopping mall with florist, bakery supermarket, hairdresser and more
- cultural center
- indoor and outdoor sports facilities with gym, sauna, changing rooms, basketball court, tennis, volleyball courts, recreation rooms, showers and so much more
- play areas
- indoor and outdoor swimming pools
- cafes and restaurants
- a health center
- day care center with
- and free transpiration between the communities
Pricing and details
With the average cost per square foot in Istanbul at about £87/€109.50, Innovida is currently very affordable with an average cost per square foot at £60.70/€76.50 (with indoor parking).
- 1 Bed Apartments, 53 SQ.M or 570 ft2– from £33,300 / €42,000
- 2 Bed Apartments, 85 SQ.M or 914ft2 – from £55,350 / €69,700
The apartments are spaciously built to the highest possible standards with covered parking inclusive of the price.
1, 2 and 3 Bedroom Apartments are available and they are extremely good value.
Fixture and fittings will be included in the apartments. Due to their high standard they are expected to rent out very well to single professionals and young couples.
- There is a £2000 Reservation Fee,
- Then 40% after 30 days, once the contract is signed minus the reservation fee already paid,
- The outstanding 60% will need to be paid on completion.
- 60% Financing is also available allowing better leverage of the apartments