Modernyaka

This project is located in the Avcilar area, specifically the Ispartakule area on the European side of Istanbul, a project with direct views of the new Istanbul Canal and an excellent investment opportunity.

The project was built on a land area of 20,000 square meters, and it consists of 4 buildings or residential blocks. The project contains a total number of properties 463 residential properties, in which there are currently options of apartments starting from 1 + 1 to 4 + 1, with areas starting from 69 up to 217 square meters.

Social facilities

• Fitness room
• Sauna
• The swimming pool is indoor
• Pilates room

The project is characterized by a family-oriented lifestyle because of the rich social facilities it offers, and its distinguished location makes a difference as it is located near public transport lines, hospitals, universities and shopping centers.

Important Note:

• Value Added Tax (VAT) is applied to real estate in Turkey at progressive rates. A rate of 1% is applied to residential properties with a net area not exceeding 150 square meters, while it increases to 20% if the area mentioned in the title deed (Tapu) exceeds 150 square meters, according to real estate tax regulations.
• For home offices and commercial properties, the Value Added Tax (VAT) is calculated at 20%, regardless of the size.

• This project is developed by Ege Yapi, the brand of highly awarded projects that add value to the project and the area.
• In the Spartakole area, the project attracts investors to it because of its increasing investment value, especially since the project has direct views of the new Istanbul Canal, which draws the attention of real estate investors to it.
• The project is located in the fastest developing area of Istanbul, next to the European Highway and North Marmara Highway communication roads.
• The project is located in one of the most strategic locations in Istanbul. Therefore, it will be the new center of attraction for real estate investment. Foreign real estate investors prefer the region in particular, due to the high rent and price index in the region in the past years.
• The project is close to universities and schools that provide high-level education for foreign investors, hospitals with good healthcare, the most famous shopping malls in the city, fine restaurants, elegant cafes, event facilities, and main roads. Therefore, all these advantages attract foreign investors to the region and increase the value of investment rapidly.