Ascott - Citadines Centric Istanbul - Listing Turkey
ListingTurkey
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Sep 09, 2024
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About This Presentation
Citadines Centric Istanbul is a premier real estate investment opportunity located in the heart of Basın Ekspres, Küçükçekmece.
Offering a hotel apartment concept, this project is designed to provide both luxury and long-term profitability for investors. With fully furnished apartments, Citadi...
Citadines Centric Istanbul is a premier real estate investment opportunity located in the heart of Basın Ekspres, Küçükçekmece.
Offering a hotel apartment concept, this project is designed to provide both luxury and long-term profitability for investors. With fully furnished apartments, Citadines Centric Istanbul stands out as a full investment project, backed by a guaranteed 7% rental return for the first three years, with earnings secured in USD. This ensures stability and profitability, making it a highly attractive option for international and local investors alike.
The strategic location of Citadines Centric Istanbul adds significant value to both your investment and quality of life. Situated near key landmarks such as Mall of Istanbul, 212 Shopping Center, and Armoni Park, it also offers quick access to important transportation hubs like Sefaköy Metrobüs, Mahmutbey Metro, and Istanbul Airport. With its close proximity to top educational institutions, hospitals, and commercial centers, the project positions itself as one of the most well-connected residential investments in Istanbul.
Citadines Centric Istanbul features a variety of apartment types, including 1+1, 2+1, and 3+1 duplexes, within a single block containing 167 units. Developed in partnership with the London-based Dome Partners, renowned for their prestigious projects, the architectural design and layout reflect modern luxury and functionality. The project also includes seven commercial units, adding further value to the property.
A major highlight of Citadines Centric Istanbul is its hassle-free investment model. Investors can rely on the globally recognized The Ascott Limited to manage their properties, providing a seamless income-generating hotel residence system. Whether you choose to enjoy the comforts of a hotel-like residence or use the property as an investment, the project ensures flexible and profitable options.
With Ziraat Katılım Bankası guaranteeing the construction, Citadines Centric Istanbul offers peace of mind. The payment plan includes a 50% down payment, with flexible installment options ranging from 12 to 18 months, and title deeds are ready upon purchase. The development also provides top-tier amenities such as meeting rooms, a gym, a cinema room, a karaoke room, and round-the-clock security, making it ideal for both residents and investors.
Citadines Centric Istanbul offers a unique opportunity to capitalize on the increasing value of Istanbul’s real estate market while enjoying a stable rental income in USD. The project’s prime location, luxury features, and secure rental guarantee make it one of the most sought-after investments in the city.
Complement your travel plans with the best living experiences available
ASCOTT’S FASTEST-GROWING
UPPER MIDSCALE BRAND
Vibrant and flexible, Citadines
Apart'hotelis for savvy,
independent individuals on the go.
Every property offers flexibility to
personalize services to suit different
lifestyles.
The ideal home to immerse in the
liveliest cities of the world, Citadines
offers contemporary spaces inspired
by local influences.
Citadines Millennium Ortigas Manila
GUEST PROFILE
Young professionals who are
comfortable with technology and
social media. They might be on a
work assignment or a city break.
Citadines provides the benefit of a
living experience that prioritizes
comfort and offers flexibility.
Check-in to a Citadines to start
checking out the city and its
attractions.
*As at June 2020
GLOBAL NETWORK
Over 150 properties worldwide in 87
cities and 24 countries*
28,000+ apartments
EUROPE:
42 Properties & 5,000+ apartments
ASIA PACIFIC:
103 Properties & 21,200+ apartments
MIDDLE EAST & AFRICA:
13 Properties & 1,800+ apartments
Citadines Central Shinjuku, Tokyo
PERFORMANCE –EUROPE*
OCC% ADR -€ RevPAR -€
PARIS 82+ 145+ 120+
REST OF
FRANCE
80+ 80+ 65+
UK 85+ 185+ 165+
GERMANY 85+ 120+ 100+
GOP AVERAGE ~ 60+%
*2019, Regional variances. Non contractual, non guaranteed.
RGI INDEX*
RGI
PARIS 1.15+
REST OF
FRANCE
1.10+
UK 1.20+
GERMANY 1.05+
Citadines BalestierSingapore
BRAND INTRO
Citadines is the definition of vibrant
living.
While emphasizing functionality, the
design aims to create impact with a
“WOW” factor.
Though Citadines is an international
product, we make guests feel at
home in a foreign country by
incorporating local sensibilities.
Since many of our guests are
extended stay, loose furniture is used
where possible, to allow guests to
customize the rooms to their liking.
DESIGN CONCEPT
Space is multi-functional and easily
accessible to guests.
Integrated zoning of space to
ensure good circulation.
Use of natural elements to enliven
interior.
Sustainability built into design:
certification by green rating system.
Citadines RochorSingapore
CitadinesConfluent Nantes
LOBBY AREAS
Lobby:
“Living” room concept for the main
lobby to convey a homely, intimate
atmosphere.
Adaptation of local elements to
add uniqueness and a homey
touch.
Resident’s Lounge:
Hip experience at breakfast and
encourage casual gatherings at
other times of the day.
Complemented by Grab and Go
counter near reception.
Citadines ArnulfparkMunich
APARTMENTS
5 zones: ARRIVE, HUDDLE, ‘X’
SPACE, REST and REFRESH.
Each zone contains key design
elements that enable guests to
perform daily activities as if they
were at home.
Open concept with flexible spaces.
Dual-use furniture: side table
doubles as a dining table.
FACILITY GUIDE
(Flexibility for local modification)
ROOM SIZES
•Studio: 25 -35m
2
•One-Bedroom: 40 -50m
2
•Two-Bedroom: 55 -75m
2
AMENITIES
•Lobby and residents' lounge
•Gym
•Common launderette
SERVICES
•High speed Wi-Fi
•Breakfast options
•Housekeeping options
•24/7 reception
GFA per key: ~50 m
2
Gross Building Area: ~7,500 m
2
CitadinesOpéra Paris
Area Area requirement
Studio 25 m
2
(59%)
Studio accessible 35 m
2
(1%)
1 Bedroom 40 m
2
(30%)
2 Bedroom 55 m
2
(10%)
Total
Apartments
4,900 m
2
Lobby Areas 350 m
2
Amenities &
Corridors
1,060 m
2
Back of House 760 m
2
TYPICAL FACILITY PROGRAM
(Flexibility for local modifications)
CitadinesLes HallesParis France
THE ASCOTT ADVANTAGE
A Global Leader in Serviced
Residences.
35 years specializing in hotel and
serviced residences sector with over
750 properties worldwide*.
Flexibility in all aspects.
Space requirements is designed to be
customizableto each site and needs.
Unparalleled Expertise –
Ascott & Capitaland:
As part of Asia's largest diversified real
estate group (CapitaLand), Ascott
has vast expertise in delivering high
yields in real estate assets.
Citadines SongshanLake Dongguan
*As at June 2020
GLOBAL SALES &
DISTRIBUTION NETWORK
Highly efficient distribution network
delivering value to property level
•70% of Ascott’sroom revenue
comes through direct sales
channels*.
•Over 97,000 Corporate Accounts
in our global database.
•Over 2,600 Global Key Accounts.
•Global Ascott Star Reward
Loyalty Program.
*Regional variances. Non contractual, non guaranteed.
*UK FY ‘19
CITADINES ISLINGTON LONDON
(UNITED KINGDOM)
*UK FY ‘19
CITADINES BARBICAN LONDON
(UNITED KINGDOM)
*UK FY ‘19
CITADINES ON BOURKE
MELBOURNE
(AUSTRALIA)
Join Ascott’sglobal network.
Not just a simple
hotel
A serviced apartment concept for Istanbul
Targeting short to medium stay visitors
Using EUR/USD day rates to achieve a sustainable income
A landmark building in media highway
/addinfohere
www.centricistanbul.com
Project Details
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20%
BUYBACK
GUARANTEE
AFTER 3 YEARS
7%
RENTAL
GUARANTEE
3 YEARS
REPORT
READY
EXPERTISE
MEDIA HIGHWAY
KUCUKCEKMECE
A Landmark building in Kucukcekmece Istanbul
Set on 4,584 sqm of land and 1,742 sqm of
landscaped gardens.
Offering one bed, two bed and three bedroom
penthouse apartments.
The project will offer a hotel experience within
the serviced apartment concept.
Project Details
03
Pool Gardens CarparkCourts
Gym SaunaConciergeFurnished
Apartment types
One bed apartments
Two bed apartments
Three bed apartments
A total of 167 units
: 83 sqm to 124 sqm
: 106 sqm to 180 sqm
: 171 sqm to 235 sqm
(open or closed kitchen types)
The serviced apartment concept is a rapidly growing industry in Istanbul. It
answers the heavy demand for hotel style spaces over a medium term period,
with easy access to key landmarks.
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3
FULLY MANAGED
The property is fully managed in all
aspects by a team who will be available
24/7.
PROPERTY ADVERTISED
With the Ascot brand and booking
websites that get the best traction in
the short/mid-term rental market.
CHECK-IN
A system will be in place to assist guests in
checking into the unit with ease. The unit
will be thoroughly cleaned and prepared
for each guest before check-in.
CHECK-OUT
The unit will be thoroughly cleaned
and prepared again for the next guest
CUSTOMER RELATIONS
Dedicated staff to handle all
correspondence with guests, solve any
unforeseen and urgent problems and
ensure overall satisfaction with their stay
that result in positive feedback.
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Nightly rate
"serviced apartment" concept
Our brand, Citadines, is a hotel brand with more than
159 properties in 87 cities across 28 countries
worldwide. It is part of Ascott Limited, the largest
and most powerful hospitality company in Asia.
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Asia’s largest
hospitality company
Ascott Limited is a Singaporean company established in 1984, making it a hotel
brand with a 40-year history. Ascott operates over 900 properties in more than
220 cities across 40+ countries in Asia Pacific, Central Asia, the Middle East, Africa,
Europe, and the United States.
With the excellent transport links, this region is
popular with the local and international short
stay market.
A strategic location
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Transport
Media Highway (Basin expres)
E5 and E6 highway
M7 (City centre) metro
M11 (New Airport) metro
M9 (Atakoy) metro
Marmaray train line
High speed trans-European train line
Ataturk airport
Metrobus
Hospital
Erdem Hospital
Biruni University Hospital
Acibadem University Hospital
Medipol Hospital
Medical Park Hospital
Rumeli Hospital
Kanuni Sultan Suleyman state hospital
5 star hotels
Divan Suites
Hilton Garden Inn Istanbul
Wyndham Grand Istanbul Europe
Holiday Inn Istanbul
Park Inn by Radisson
Elite World Business Hotel
Retaj Royale Istanbul
Radisson Hotel
Istanbul Kültür Univ.
Istanbul Kemerburgaz Univ.
Doğa College
Sabahattin Zaim
Many private colleges
Universities
Arena Park
Gunesli Park
212 Power Outlet
Mall of Istanbul
Starcity
Harmony
Aqua Park
Malls
Others
World Trade Centre
Kuyumcukent (Jewellers)
CNR Expo
Ataturk Central Park
City centre
15 mins
Old city
10 mins
Travel times by train
Atakoy 10 mins
New airport 35 mins
Bakirkoy 12 mins
Old city 15 mins
City centre 20 mins
Travel times by road
Atakoy 15 mins
New airport 45 mins
Bakirkoy 18 mins
Old city 20 mins
City centre 25 mins