Istanbul, a city of timeless beauty, now welcomes the Ritz-Carlton Residences. 💎 luxury realestate
hotel, and the new residential tower will give loyal travelers the chance to permanently vacation in the city, known for its ornate mosques including the Hagia Sophia, Byzantine and Ottoman palaces, and the Grand Bazaar, one of the oldest covered markets dating back to the 15th century.
Like all of the Ritz-Carlton branded hotel projects, Ritz-Carlton Residences, Istanbul will feature architecture and interiors inspired by the City of the World’s Desire. It will open in 2025 in Istabule’s upscale residential neighborhood of Nisanti. The tower was built by Dogan Tekeli-Sami Sisa Architects in the 1970s and bought by developer BLG Capital in June 2014 for a complete redevelopment.
“The Istanbul luxury market has been rapidly appreciating, especially amid pent-up global demand for travel and unique experiences,” says Sinan Temo, CEO of Bilgili Holding. “Demand for one-of-one luxury property andhas increased as well. Positioned at one of the crossroads of the world, Istanbul offers a culture and history unlike any other, which is why we see it as the perfect staging ground for The Ritz-Carlton brand’s regional debut.
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