Locamahal: Residences for Sale in Zeytinburnu Istanbul

About The project:

Locamahal is a nice property project in the heart of Istanbul in the Zeytinburnu area where many options of property for sale in Istanbul, Turkey. It comes with colorful gardens full of small water canals form a comfortable place with pleasing scenery. Locamahal was built by Kiptas construction company which belongs to Istanbul municipality. It was built on an area of 36,000 m2 and 60% of it is a green area. Locamahal contains 20 blocks, 1262 apartments, and 75 shops. Locamahal comes with a nice sea view as it is only 800 m far away from the Marmara sea.

The project is suitable for obtaining Turkish citizenship by real estate investment.

Types of apartments in the project:

• 2+1 residential apartments for sale in Istanbul.
• 3+1 residential  flats for sale in Zeytinburnu Istanbul.
• 4+1 residences apartments for sale in Zeytinburnu Istanbul.

Social facilities:

• Indoor swimming pool
• Fitness center
• Basketball court
• Sauna
• Yoga hall
• Hobby garden
• Children playgrounds
• Large water garden
• 650 m track for jogging, walking, and cycling
• Turkish bath

 location of the project:

Locamahal is located in Veliefendi, Zeytinburnu area in the heart of Istanbul. It is only 800 m away from the sea and located just near the E5 highway which is the most important highway in Istanbul as it links the European and Asian parts of Istanbul and it contains the Metrobus line which is the best public transportation mean in Istanbul. Veliefendi also has a sea ferry terminal.

The project is near: 

• Metro and Metrobus stations are just 8 minutes
• Ataturk international airport 10 minutes
• Bakirkoy 5 minutes
• Euroasia tunnel 10 minutes
• Sultan Ahmed 15 minutes
• Ayasofya 15 minutes
• Taksim 19 minutes
• Kadikoy 17 minutes

Transportation of the Locamahal :

as mentioned above, Locamahal is near all public transportation means besides its location, all of that makes it totally easier to reach almost any part of Istanbul easily.

About Zeytinburnu area:

Zeytinburnu is a vital area for trade and industry within Istanbul. But it has recently turned into a hub for the largest luxury real estate projects with leading brands in the region, as part of the comprehensive development plan and urban renaissance in Istanbul.

Advantages of living and\or buying a property in Zeytinburnu:

• Zeytinburnu is one of Istanbul's high-end coastal areas that are continuously developing, as it is considered an open-air museum.
• Zeytinburnu has a number of educational centers, such as universities and high-end schools.
• There is a sea coast overlooking the historic walls of Istanbul (Constantinople) and seeing from it with the naked eye, not to mention a beautiful pedestrian promenade, and a yachting marina that the Istanbul municipality has started to create recently.
• Zeytinburnu is close to Bakirkoy Port, which allows you to move by sea to Yelova, Modania, and many ports within Istanbul.
• The E5 highway which passes in the heart of the area is one of the most important highways in the city.
• Zeytinburnu is one of the most important vital areas in European Istanbul, and it is an area that combines development and history together.
•  Green areas, distinctive water pools, and children's games are distributed throughout the municipality of Zeytinburnu and its residential compounds.
•  Commercially, the region is considered a destination for lovers of shopping, clothing, and leather trade, which raises living standards in this region and attracts new investments to it all the time.
• The area is close to the recently opened Eurasia Tunnel, which is a tunnel for cars that pass under the Bosphorus and connects Asia with Europe in five minutes.
•  There are luxurious residential complexes available in the area with a charming Seaview and with smart home systems that allow remote control of the home, and control includes lights, curtains, and more.

Average prices in Locamahal:

• $310,000 for 2+1 residential flats.
• $640,000 for 3+1 residential apartments.
• $710,000 for 4+1 family apartments.

Developer of the Project:

Locamahal developer is Kiptas construction company.

Kiptas construction company: which belongs to Istanbul Municipality, was established in 1987 with the name of İMAR WEIDLEPLAN to make zoning plans and architectural projects with a foreign capital partnership.

KİPTAŞ, a subsidiary of Istanbul Metropolitan Municipality, completed its establishment on March 8, 1995, and became Istanbul Housing Imar Plan Sanayi ve Ticaret A.Ş.

KİPTAŞ, a public subsidiary, has built approximately 75 thousand residences within the scope of the projects it has carried out in various regions of Istanbul so far. Although his main area of ​​expertise is housing production, his fields of activity also include urban transformation, real estate development, and consultancy services.  The new management of KİPTAŞ, who took office in August 2019, determines the business models in accordance with the founding mission of the company, taking into account the social benefit.

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