Huzurevi Project – Senior Living & Rehabilitation Facility

Istanbul, Türkiye

A senior care facility in Arnavutköy, Istanbul, offering independent retirement living, assisted nursing care, and medical rehabilitation services.

Note: These information are classified and briefly presented online for your reach, details will be discussed after signning a Non-Disclosure Agreement.

The Huzurevi Project is a modern, purpose-built senior living and rehabilitation facility located in Arnavutköy, Istanbul, one of the fastest-growing districts on the European side of the city. Positioned close to the new Istanbul Airport and major transportation corridors, the location offers a rare blend of natural serenity and urban accessibility — making it highly desirable for families seeking safe, comfortable, and comprehensive care environments for elderly parents or individuals recovering from medical events.

Developed by Akkam Group, this healthcare real estate investment is strategically designed to fill a major gap in Turkey’s aging infrastructure. The project is situated on a 76,000 m² land parcel with a 12,000 m² construction area, thoughtfully divided into three core facilities:

Independent Living Residences:Designed for active seniors aged 55+, offering privacy and independence within a supportive community.
Assisted Living & Nursing Home Services:Provides 24/7 care and daily assistance for residents with chronic conditions or reduced mobility, all under professional medical supervision.
Short-Term Rehabilitation Center:A dedicated facility for post-surgical, stroke, or trauma recovery, featuring physical therapy, occupational therapy, and hydrotherapy services.

These three components are seamlessly integrated to support the full spectrum of elder care and post-acute rehabilitation needs. Residents benefit from a wide range of services including nutritious meal plans, housekeeping, laundry, art and music therapy, social programs, and access to doctors, nurses, and therapists.

The architectural layout promotes dignity, inclusion, and wellness through features like therapy gardens, event pavilions, spacious social lounges, and family interaction spaces. The facility uses sustainable energy practices such as solar-powered water heating, rainwater harvesting, and preserves over 9,000 m² of green and open spaces.

Market Context & Opportunity

Turkey’s 65+ population is expected to exceed 10% by 2030, and yet there remains a significant shortage of private, high-quality senior care facilities. Most elderly citizens still rely on family-based care, while the upper-middle-income demographic is increasingly seeking professional alternatives that provide safety, comfort, and modern healthcare. The Huzurevi Project directly targets this unmet demand with a premium, private-sector solution aligned with Turkey’s national aging and health strategies.

Financial Highlights

Estimated Total Cost: 37.4 million USD
Annual Revenue Potential: 3.2 – 3.5 million USD
6-Year Cumulative Revenue: 77.5 million USD
Net Profit (6 Years): ~40 million USD
Break-Even Point: Under 2 years
Estimated ROI: ~417% over 6 years

Income streams include monthly residential rents, personalized care packages, and rehabilitation services. Strong demand is supported by partnerships with local hospitals, insurance companies, and senior care networks.

Investor Advantage

The Huzurevi Project offers a compelling investment opportunity by combining financial return, social impact, and future-proof market positioning. It addresses one of Turkey’s most urgent demographic needs while creating a scalable, sustainable, and profitable healthcare real estate model. Located in a rising property zone, Arnavutköy, the project capitalizes on growing land values and increasing demand for elder services in Istanbul.