KAVACIK student accommodation investment opportunity in a prime location that is appealing to both domestic and overseas students.
Sehit Tegmen Ali Yılmaz Street is a new student accommodation development in Kavacık , Istanbul
Istanbul is home to a significant student population as many are attracted to the city due to its affordability, buzzing nightlife and top tier universities. Currently, there are over 774,000 students studying in the city, split between the 61 University making it a great location for a student accommodation investment.
Kavacık region seeks to offer luxury living for the modern student in the city. The studio apartments come fully furnished with a kitchenette including all appliances, en-suite bathroom, double bed, study desk, TV, chair, dining tables and much more, meaning it has all the household essentials already. Kavacık’s major attractions, university campuses and general facilities including bars, shops and restaurants are just a short walk or tram ride away. Which is attractive to the discerning student who does not want to spend time and money travelling large distances to their lectures and seminars.
Kavacık Dormitory is a hybrid building designed with rooms and spaces to encourage interaction, community and space to live, work, study and relax and grow as individuals as well as students. The facilities provide a welcome and support through the students most important years. The development with be designed around 3 main ethos: home and well being, natural reclamation and a nod to Sheffield’s heritage, elements of this can be seen throughout the building making it the perfect Sheffield student accommodation investment.
The development is being built with an abundance of social spaces for the occupants, including a rooftop outdoor area, gym, study pods and wellbeing spaces for yoga, Pilates and movie nights. Which will ensure this development is attractive to all future undergraduate and post graduate students studying in Kavacık , İstanbul.
Kavacık has a sizeable student population. The University of Beykoz and Medipol University boasting over 60,000 students between them, so there is lots of demand for good quality rooms in prime locations.
Istanbul Medipol University has been listed in the World's Best Universities list of Times Higher Education (THE) magazine, which is published in the UK on higher education.
Kavacık Dormitory proximity to both campuses with them both being well under a miles walk away, will set it in good stead to achieve excellent occupancy levels.
A lot of investors are attracted to the idea of student property due to its easy maintenance. Developments are often fully managed, which is ideal for the overseas investor or busy individual who does not have the time to oversee its day-to-day running. These types of investments are becoming more and more popular, and “Student accommodation is a big business and relatively low risk.”
Students are evidently willing to pay for good quality housing, which allows investors to achieve excellent yields.
There is only a short period of time in which you can grasp a hold of the 8% rental assurance for 3 years. The majority of the launch incentive units have already been reserved by other investors, call me today to find out more about this property.