Avrupa Residence TEM

This project is located in the developing Gaziosmanpaşa district on the European side of Istanbul. This area is a vital and central hub for life and investment, directly situated near the TEM highway. The project offers a sophisticated and prestigious lifestyle, developed by Artaş GYO, adding significant investment value to its location thanks to its contemporary and aesthetically pleasing architecture.

The project is built on an 8,000 square meter plot of land and consists of a single residential block of 27 floors, comprising 145 residential apartments and commercial units. The project offers diverse apartment options ranging from 1+1 to 4+1 penthouses (with options for fully furnished and duplex apartments), with areas starting from 85 and up to 265 square meters.

Social Facilities:

• 24/7 security and surveillance
• CCTV cameras
• Parking lots
• Green spaces
• Indoor swimming pool
• Fitness center (gym)
• Sauna and steam room / spa

Transportation and Services:

• E80 highway is 3 minutes away (approximately 200 meters)
• Bus station is 1 minute away
• Metro station (M7 Kazım Karabekir) is 3 to 4 minutes away (approximately 400 meters)
• Istanbul New Airport is 25 minutes away
• Markets and shopping mall (Venice Mega Outlet) are approximately 3 to 5 minutes away (approximately 1.7 km)
• Hospitals (Gaziosmanpaşa Hospital) are approximately 3 to 5 minutes away (approximately 550 meters)
• Schools are 3 minutes away
• Mosques are 2 minutes away
• Universities are 7 minutes away

Important Note:

• Value Added Tax (VAT) is imposed on real estate in Turkey at varying rates. A 1% tax 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 VAT is calculated at 20% regardless of the area.

Investing in the Gaziosmanpaşa area is considered one of the successful investments in Istanbul. The area is characterized by its old city nature; however, the trend of real estate companies towards it has led to the emergence of modern residential buildings and upscale housing complexes that combine modern technology with distinctive designs. Below are the key factors and advantages of investing and living in the Gaziosmanpaşa area :

• The region is one of the best areas for housing, purchasing real estate, and real estate investment, as it contains residential complexes and real estate projects distinguished by their high level of quality and luxury. These projects combine modern technology, unique designs, and advanced infrastructure.
• Real estate sales in the area have seen a significant increase, along with monthly and annual returns in recent years, due to the area's important location and numerous recreational and tourist facilities. This plays a major role in the rise of the real estate and market value of the area, which has been reflected in the growing demand for properties in Gaziosmanpaşa, increasing year after year, alongside the urban development the area has experienced.
• The rising demand for properties in the Gaziosmanpaşa area of Istanbul enhances the attractiveness of real estate investment in this region. By purchasing a property in this area, investors can achieve high investment returns and realize significant profits in the future.
• The project is ready for occupancy, the title deed is ready, and it is suitable for obtaining Turkish citizenship and real estate residency.