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Affordable Turkish Apartment For Purchase

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Apartment/Flat Description



Astrum Towers offers an investment within a thriving city at an affordable price., Minimum 7% yield, 65% mortgage available, Prices from £34,995

Astrum Towers is located in the seaside town of Beylikduzu with a popular blue flag beach, a water park and golf course, also Ataturk airport is only 10km away and is the world's 14th busiest airport for international traffic.

Scheduled flights are available from over 90 airlines worldwide. Istanbul is one of the most colourful cities in Europe and brims with an abundance of cultural interests, shops, restaurants, bars and is accessed by bus, car and ferry.

Astrum Towers is close to the metro line covering Asian and European sides as well as the Ambarli Seabus Quay, so great transport links.

Why Istanbul for investment?

With the Istanbul Chamber of Commerce (ICOC) recently reporting that interest from foreign investors in Istanbul has grown at a rapid pace, and that overseas capital flowing into the City of Culture for 2010 has risen year-on-year by 119%, it is little surprise that Turkey and its own star attraction of a city has emerged from a gloomy economy with more than a few interested property experts.

And, while Turkey?s surging economy may well be the driving force behind the latest wave of interest in Istanbul, this is a city that is making a name for itself off its own back too.

A PricewaterhouseCoopers (PwC) survey recently unveiled Istanbul as the most popular location in Europe for real estate investors, and there are probably two crucial reasons for this: tourists and business.

With a wealth of blue chip companies drawing wealthy business travellers to the area, it is little wonder that investors are showing interest. And, much of this interest is directing itself towards buy-to-let style hotel room arrangements, perhaps as these cater best for the business travellers that no doubt the likes of car giant Ford, which has a plant in the city, will be attracting.
The question now, is how sustainable is this period of growth for Istanbul and Turkey? In truth, it is very hard to say, but with large scale developments taking place in Istanbul and tourism numbers rising and rising, it would appear that words like ?growth? and ?prosperity? will be associated with this booming city for many years to come.

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Approximate price of this 0-Bed Apartment
€43,727 EUR | 
£34,995 GBP | 
US$54,860 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1261455 
Town Istanbul Ili 
Province Istanbul 
Country Turkey  
Type Apartment
Bathrooms
Build Size 0.00 
Category Re-Sale  
Listed 154 days ago
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Map of Istanbul Ili, Istanbul, Turkey


Real Estate Agent Listing this Property

Agent Seek & Buy Properties Direct Limited
Listing Since 24 January 2011
Property Listings View all properties from this agent
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Towns located close to Istanbul Ili, Turkey

  • Zeytinburnu   • Istanbul


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Price: £34,995
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Purchase this Apartment/Flat in Istanbul Ili for

€128p/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 Ili, Turkey

Property Type Min Price Max Price Median Price
(All prices in EUR) Istanbul Ili Turkey Istanbul Ili Turkey Istanbul Ili Turkey
Apartment/Flat 34,995 8,720 57,750 3,000,000 - 69,000

* Calculations based on 3 properties for sale in Istanbul Ili and 1796 properties for sale in Turkey




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