TomTom Townhouse in Beyoglu, Istanbul, Turkey No.92498

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TomTom Townhouse  in Beyoglu, Istanbul, Turkey No.92498
ID92498 min. € 526 835
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TomTom Townhouse Development description

TomTom Townhouse residential community is a unique property in Turkey, located in the historic Beyoğlu area in Istanbul. The residential development features 30 apartments with 1+1, 2+1 and 3+1 layouts. The gated community became operational in the 1st quarter of 2023. The apartments offer majestic views of the city.

Architecture and design

The residential development took place in a historic building, where the building was restored while maintaining the original architecture.

The residential complex stands out significantly from its neighbouring buildings, featuring a unique design reminiscent of a stretched accordion. The facade is adorned with materials in a serene brick colour, complemented by dark grey vertical and horizontal inserts. Notably, the residential complex boasts a stepped roof, since on the one hand, the building has 3 floors and on the other, there are 4 floors.

The pastel-coloured apartments are impeccably complemented by the furniture and decor items.

Embracing an American-style design, the kitchens seamlessly blend with the living rooms. Open balconies feature upholstered furniture for outdoor recreation. Panoramic floor-to-ceiling windows flood the residences with daylight.

Apartments in TomTom Townhouse

The size of the apartments in the residential community varies based on the number of bedrooms:

  • The 1+1 apartments have an area of 48m²
  • The 2+1 apartments’ area is 79m²
  • The 3+1 apartments’ area is 148m²

As of May 2023, the minimum cost of an apartment in this residential complex is USD 477,000. However, apartments in Istanbul are constantly becoming more expensive, so it’s advisable to check current property prices before making a purchase.

Lifestyle

The rich infrastructure of the residential development enables residents to embrace an active lifestyle. There are numerous amenities within the gated community, including the following:

  • Gym
  • Outdoor swimming pool
  • Restaurant
  • Bar
  • Cafê

Additionally, there’s a rooftop terrace featuring a sunbathing area.

The high school is a 10-minute drive away. You can drive to the nearest kindergarten in about half an hour. It will take about 10 minutes to reach the Grand Pera AVM shopping centre, offering diverse shops, stores and cafés. Taksim Square is just a 5–10-minute drive away, boasting a lively atmosphere with numerous nightclubs and restaurants.

Investment apartments in TomTom Townhouse

Residences in the Beyoğlu area are highly sought after by both tenants and buyers. Given the historical nature of the quarter, it is adorned with numerous attractions. Additionally, this location features a well-developed infrastructure.

Investing in real estate in an under-construction residential complex in Turkey offers the opportunity for owners to rent their apartments out, receiving a recurring income. On average, the annual yield of apartments in Istanbul ranges from 3% to 5% of the residential property price.

Investors are also buying apartments in TomTom Townhouse for resale as properties in Istanbul are rapidly rising in value. Real estate market experts predict that, in 2023, the cost of residential properties in Turkey may increase by 30-50%. Regarding rising property prices, Istanbul is well ahead of other Turkish cities.

Location

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

Features

  • Terrace

Indoor facilities

  • Restaurant
  • Cafe
  • Bar
  • Fitness room

Outdoor features

  • Swimming pool

Location

Istanbul - Statistics

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ParametersIstanbul
Rent Per Month
Apartment (1 bedroom) in City Centre€ 730.14
Apartment (1 bedroom) Outside of Centre€ 469.86
Apartment (3 bedrooms) in City Centre€ 1 414.31
Apartment (3 bedrooms) Outside of Centre€ 865.68
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre€ 3 162.26
Price per Square Meter to Buy Apartment Outside of Centre€ 1 675.25
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ParametersIstanbul
Crime Index47.84
Cost of Living and Rent Index29.06
Purchasing Power Index48.22
Property Price to Income Ratio16.24
Safety Index52.16
Traffic CO₂ Index7329.36
Traffic Inefficiency Index253.65
Rent Index18.21
Health Care Index70.01
Groceries Index36.77
Pollution Index68.08
Traffic Commute Time Index51.42
Restaurant Price Index36.74
Climate Index93.02
Cost of Living Index39.19
Quality of Life Index113.12
Traffic Index238.90
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ParametersIstanbul
Restaurants
Meal, Inexpensive Restaurant€ 8.48
Meal for 2 People, Mid-range Restaurant, Three-course€ 42.42
McMeal at McDonalds (or Equivalent Combo Meal)€ 6.79
Domestic Beer (0.5 liter draught)€ 3.39
Imported Beer (0.33 liter bottle)€ 4.64
Coke/Pepsi (0.33 liter bottle)€ 1.21
Water (0.33 liter bottle) € 0.52
Cappuccino (regular)€ 2.75
Markets
Milk (regular), (1 liter)€ 1.04
Loaf of Fresh White Bread (500g)€ 0.63
Eggs (regular) (12)€ 1.89
Local Cheese (1kg)€ 8.58
Water (1.5 liter bottle)€ 0.36
Bottle of Wine (Mid-Range)€ 8.48
Domestic Beer (0.5 liter bottle)€ 1.72
Imported Beer (0.33 liter bottle)€ 2.46
Cigarettes 20 Pack (Marlboro)€ 1.70
Apples (1kg)€ 1.14
Chicken Fillets (1kg)€ 5.27
Oranges (1kg)€ 0.87
Potato (1kg)€ 0.67
Lettuce (1 head)€ 0.97
Rice (white), (1kg)€ 1.80
Tomato (1kg)€ 1.18
Banana (1kg)€ 1.77
Onion (1kg)€ 0.51
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€ 16.02
Transportation
One-way Ticket (Local Transport)€ 0.50
Monthly Pass (Regular Price)€ 39.26
Gasoline (1 liter)€ 1.14
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€ 42 424.35
Taxi Start (Normal Tariff)€ 0.71
Taxi 1km (Normal Tariff)€ 0.51
Taxi 1hour Waiting (Normal Tariff)€ 7.19
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€ 40 961.07
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€ 52.25
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€ 10.68
€ 8.20
Salaries And Financing
Average Monthly Net Salary (After Tax)€ 744.54
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate43.75
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult€ 40.33
Tennis Court Rent (1 Hour on Weekend)€ 12.55
Cinema, International Release, 1 Seat€ 5.66
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)€ 46.94
1 Summer Dress in a Chain Store (Zara, H&M, ...)€ 32.88
1 Pair of Nike Running Shoes (Mid-Range)€ 84.74
1 Pair of Men Leather Business Shoes€ 76.40
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€ 556.32
International Primary School, Yearly for 1 Child€ 12 576.49
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 TomTom Townhouse

From the developer

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CityIstanbul
DistrictBeyoglu
TypeDevelopment
Rooms1+1, 2+1
Living spacemin. 60 m2
max. 192.6 m2
Price
  • Price
  • per m²
min. € 526 835max. € 1 737 616
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
  • TRY ₺