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Flat/apartment in Istanbul - Propertyshowrooms.com

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Apartment/Flat Description

THE FT DESCRIBED THIS COUNTRY AS ONE OF ITS TOP 10 INVESTMENT LOCATIONS. IT'S SHORT OF HALF-A-MILLION HOUSING UNITS.

SOUND LIKE A GOOD PLACE TO BUY A LUXURY APARTMENT FROM AS LITTLE AS £25,700?


EU ECONOMISTS HAVE PREDICTED THAT THIS COUNTRY WILL BECOME EUROPE’S FASTEST-GROWING NATION. THE FINANCIAL TIMES DESCRIBED IT AS ONE OF ITS TOP TEN INVESTMENT LOCATIONS.

Unbelievably, the country has a well-documented shortage of housing. In fact, it needs half-a-million new housing units by 2015.

So which country is it? It's Turkey. And half of that much-needed new housing is in the capital, Istanbul, where rental yields are impressively high.


LUXURY APARTMENTS

Istanbul is also where you'll find University City. This new development of luxury studio and one bed apartments in Esenyurt is just 15 minutes from the airport. It's close to hospitals, schools and shops and near to the city centre.

Turkey is a great place to invest. But if you fancy a wild card, try this. By 2013, there's every chance Turkey will be part of the EU. When other countries have joined, their economies have boomed and property prices have risen dramatically. Ireland and Spain are typical: since joining the EU, they've realised huge economic growth and attractive returns for investors.


STUDIO APARTMENTS: NEW 6% RENTAL GUARANTEE FOR TWO YEARS

Invest from £25,700
Mortgage deposit £8,995
Monthly mortgage payments of £99 based on 20-year repayment mortgage
6% Rental Guarantee for one year of £1,542
FREE Furniture Pack


ONE BEDROOM APARTMENTS: NEW 7% RENTAL GUARANTEE FOR TWO YEARS

Invest from £51,300
Mortgage deposit £20,520
Monthly mortgage payments of £222 based on 20-year repayment mortgage
7% Rental Guarantee for one year of £3,588
FREE Furniture Pack


KEY FEATURES

• 60% of the Development Already SOLD OUT
• Guaranteed Rental Income on all units 7% 1 Beds and 6% Studios
• Full Service Rental Management In Place
• Fully Furnished Apartments
• Bank Bonded Rental Guarantee
• Mortgage Available of 65% LTV
• Close to Four Private Universities
• Construction Well Under Way
• A Mix of Residential and Retail, Six Movie Theatres, Restaurants, Underground Parking
• High Street Location
• Walking Distance to the Metro Link
• Top Location on the European Side of Istanbul
• Only 20% Available to the International Market
• Large Developer with Excellent Track Record


LUXURY FACILITIES

Communal facilities at University City include:

• Bazaar Area
• Six Movie Theatres
• Shopping Centre
• Private Parking
• Outdoor Pool
• Turkish Bath, Sauna, Jacuzzi
• Fitness Centre, Tennis Court, Basketball
Court, Jogging Track, Walking Paths
• Restaurants and Bars
• Social Park
• Hairdressers
• Shops
• Children’s Playground and Crèche.

At University City, you'll also find delightful landscaped gardens, including artificial lakes with bridges, a health centre, on-site management and 24-hour security.


JUST £2000 DEPOSIT

If you were taken aback by the facilities, you'll be blown away by the payment terms on the studios.

All we're asking now is a deposit of £2000. When you sign the agreement, you'll pay around another £7500. On completion in 2012, you'll pay the balance.

Reservation fee of £2000
35% Deposit
65% On Completion (Mortgage Available)


PROGRESS REPORT

Construction is well on its way and is currently ahead of schedule. The development is on track to complete on time.

Completion: 30th December 2012


NEW RENTAL GUARANTEE OPTION

If you fancy some peace of mind, the development company is offering a NEW RENTAL GUARANTEE OPTION, paying a 2 year guaranteed 7% on 1 Bed units and 6% on Studio units. You'll pay 35% at promissory agreement and 65% on legal transfer and completion. Ozyurtlar Gayrimenkul, the rental arm of the development company, will pay you one year's rental on completion and issue a bond for the following year. They'll even throw in the furniture FREE.

University City is just the latest in a long line of triumphs for Colordarcy. We've won a reputation as a leading property investment company by scouring the world for property that pays for itself.

If you're in the market for a high-yield rental with huge growth potential, be quick. We expect to sell the last few luxury apartments very fast. Over 60% of the development already SOLD OUT. Act today to secure your plot for just £2000 deposit.

For more information, and to receive your FREE “University City Brochure”, please Call or Email us Today.

Loxley McKenzie
Managing Director

P.S. Remember to move quickly to secure your property investment. Act today.

We are open: Monday to Friday 09:00 - 20:00 (GMT) and Saturday 10.00-17:00 (GMT)

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Approximate price of this 1-Bed Flat/Apartment
€64,101 EUR | 
£51,300 GBP | 
US$80,421 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1012891 
Town Istanbul 
Province Istanbul 
Country Turkey  
Type Flat/Apartment
Bedrooms
Category New Build 
Listed over 6 months ago
Looking at property as an investment? ...   Find out more >>


Map of Istanbul, Istanbul, Turkey


Real Estate Agent Listing this Property

Agent Colordarcy Investment Ltd
Listing Since 09 April 2009
Property Listings View all properties from this agent
Colordarcy Investment Ltd Logo

Towns located close to Istanbul, Turkey

  • Zeytinburnu


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Purchase this Apartment/Flat in Istanbul for

€188p/m

(70% LTV, 5% Interest Rate, 20 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Istanbul, Turkey

Property Type Min Price Max Price Median Price
(All prices in EUR) Istanbul Turkey Istanbul Turkey Istanbul Turkey
Apartment/Flat 18,400 8,720 370,000 3,000,000 76,666 69,000
Studio 37,000 29,500 37,000 57,000 - 28,900
New Development 25,700 25,700 25,700 3,600,000 - 17,000

* Calculations based on 131 properties for sale in Istanbul and 1802 properties for sale in Turkey




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