Kagithane, Istanbul / Turkey
Historically, student accommodation in Turkey has never been a positive experience. Handled by the state, they tend to be ‘substandard’ dorms containing up to 6-12 beds (bunk beds), cold showers, not very nice! TUR286 offers student residences that are comfortable and provide a fun environment designed for the needs of university students. As TUR286 master brand encourages, all living spaces have a strong element of ‘concept and design’ (aesthetically and functionally) with an emphasis on co-working and co-play areas for shared experiences and building a vibrant student community. Now in its’ 4th year of business, TUR286 Merter enjoys 100% occupancy with 1.013 operational beds and 2.058 beds in the pipeline-under construction. Novu is looking to
expand to 15.000 beds inTurkey in the next five years. Internationally TUR286 is developing new concepts that will cater to the UK & US student accommodation markets with an aim to reach 50.000 beds through managementcontracts.
7% Rental guaranteed in the Project.
|TYPE OF FLATS||M² RANGE||PRICE RANGE|
|3+1||50 - 75||$ 171,000 - $ 261,000|