Relux Plaza in Umraniye, Istanbul, Turkey No.96641

176
Relux Plaza  in Umraniye, Istanbul, Turkey No.96641
ID96641 min. € 517 690
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Relux Plaza Development description

Relux Plaza is a premium real estate development in Turkey, situated in the business district of Istanbul, Ümraniye. The residential project features 1+1 hotel-type apartments. The gated community is already operational, allowing you to move in immediately or commence renting out your property. The residences offer excellent city views.

Architecture and Design

The windows in the high-rise building are panoramic, spanning a significant portion of the facades and reflecting the sky. Consequently, during the day, the exterior of the building takes on a distinctive blue hue. The structure is further adorned with whimsically placed vertical inserts consisting of light brown cubes.

In the apartments, the soft light tones of the ceilings, floors and kitchen furniture seamlessly blend with the strict, dark shades of the curtains.

The bathrooms are finished with light beige marble and are equipped with high-quality white plumbing. Spacious rooms are suitable for both short-term and permanent residence.

Apartments in Relux Plaza

The apartments range in size from 103 to 150 square metres. The entrance to the building is adorned with a reception desk and the floors are designed in a corridor layout. The common area of the community is under constant video surveillance.

In April 2023, the prices for apartments measuring 103 square metres were USD 547,000. Residences with an area of 150 square metres cost USD 805,000. It’s worth noting that real estate prices in Turkey have the potential to increase throughout the year (up to +70%). Therefore, experts recommend not delaying the purchase for those committed to owning a home in this country. Before deciding to purchase real estate, it’s advisable to clarify the specific cost of the selected housing and explore available payment plans.

Lifestyle

The residential complex is ideal for businesspeople, as it not only offers apartments but also includes offices and conference rooms that are available for purchase or to rent for events.

Community residents can maintain their health and physical fitness at the fitness centre conveniently located within the residential complex.

Community residents can enjoy an active social life without having to venture far from the community. The Polygon amusement park, offering plenty of entertainment for both children and adults, is just a brief 3-minute walk away. Furthermore, the British International School is conveniently reachable with a 20-minute drive, while the "Golden Fish" kindergarten is a mere 20-minute commute. For those aiming for a prestigious education, the private educational institution "Robert College" and Istanbul University both require approximately half an hour of travel time. Additionally, it takes about 30 minutes to reach the bustling Cevahir shopping centre. Travelling to Sabiha Gokcen Airport or the Esenler bus station will also take around half an hour.

Real Estate in Relux Plaza for Investment

Investing in real estate in a new building in Turkey for investment presents opportunities for both renting and resale.

The average annual return on rental housing in Istanbul can reach up to 5% of the residential property’s cost. Apartments within a ready-for-occupancy residential complex in Turkey can yield a steady income for the owner or potentially generate a significant profit, even up to +70%, upon resale.

Location

  • Close to the bus stop
  • Close to shopping malls
  • Close to the city centre
  • Close to schools
  • Close to the kindergarten
  • City view

Indoor facilities

  • Reception
  • Conference hall
  • Fitness room

Location

Istanbul - Statistics

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ParametersIstanbul
Rent Per Month
Apartment (1 bedroom) in City Centre€ 875.97
Apartment (1 bedroom) Outside of Centre€ 549.96
Apartment (3 bedrooms) in City Centre€ 1 589.70
Apartment (3 bedrooms) Outside of Centre€ 946.62
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre€ 3 123.25
Price per Square Meter to Buy Apartment Outside of Centre€ 1 660.92
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ParametersIstanbul
Crime Index47.98
Cost of Living and Rent Index30.65
Purchasing Power Index51.27
Property Price to Income Ratio14.80
Safety Index52.02
Traffic CO₂ Index7310.29
Traffic Inefficiency Index252.97
Rent Index19.86
Health Care Index70.11
Groceries Index38.69
Pollution Index67.97
Traffic Commute Time Index51.30
Restaurant Price Index42.63
Climate Index93.02
Cost of Living Index39.24
Quality of Life Index115.89
Traffic Index238.13
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ParametersIstanbul
Restaurants
Meal, Inexpensive Restaurant€ 10.91
Meal for 2 People, Mid-range Restaurant, Three-course€ 43.65
McMeal at McDonalds (or Equivalent Combo Meal)€ 7.64
Domestic Beer (0.5 liter draught)€ 3.82
Imported Beer (0.33 liter bottle)€ 4.91
Coke/Pepsi (0.33 liter bottle)€ 1.37
Water (0.33 liter bottle) € 0.47
Cappuccino (regular)€ 3.21
Markets
Milk (regular), (1 liter)€ 1.03
Loaf of Fresh White Bread (500g)€ 0.83
Eggs (regular) (12)€ 1.96
Local Cheese (1kg)€ 9.65
Water (1.5 liter bottle)€ 0.47
Bottle of Wine (Mid-Range)€ 10.91
Domestic Beer (0.5 liter bottle)€ 1.97
Imported Beer (0.33 liter bottle)€ 2.71
Cigarettes 20 Pack (Marlboro)€ 2.10
Apples (1kg)€ 1.21
Chicken Fillets (1kg)€ 5.62
Oranges (1kg)€ 1.05
Potato (1kg)€ 0.59
Lettuce (1 head)€ 0.93
Rice (white), (1kg)€ 1.82
Tomato (1kg)€ 1.27
Banana (1kg)€ 2.09
Onion (1kg)€ 0.53
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€ 18.61
Transportation
One-way Ticket (Local Transport)€ 0.55
Monthly Pass (Regular Price)€ 40.45
Gasoline (1 liter)€ 1.19
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€ 40 922.53
Taxi Start (Normal Tariff)€ 0.82
Taxi 1km (Normal Tariff)€ 0.55
Taxi 1hour Waiting (Normal Tariff)€ 6.82
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€ 40 301.87
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€ 57.67
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€ 12.51
€ 10.53
Salaries And Financing
Average Monthly Net Salary (After Tax)€ 808.35
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate47.85
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult€ 48.58
Tennis Court Rent (1 Hour on Weekend)€ 14.57
Cinema, International Release, 1 Seat€ 6.82
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)€ 54.84
1 Summer Dress in a Chain Store (Zara, H&M, ...)€ 40.68
1 Pair of Nike Running Shoes (Mid-Range)€ 94.89
1 Pair of Men Leather Business Shoes€ 86.01
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€ 671.49
International Primary School, Yearly for 1 Child€ 16 669.30
Data are provided by Numbeo.com and are based on its users survey. Turk.estate can not guarantee the validity of these data.

Apartments and flats in Relux Plaza

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CityIstanbul
DistrictUmraniye
TypeDevelopment
Rooms1+1
Living spacemin. 103 m2
max. 150 m2
Price
  • Price
  • per m²
min. € 517 690max. € 627 254
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺