Apartment/Flat Description
Along with Moscow, financial experts Price Waterhouse Coopers quote Istanbul as being one of the top 2 European destinations in which to invest during 2008 in their Global Real Estate Review. With this in mind, IPIN has secured one of the very best investment opportunities in this thriving city, with deposits from as little as 15,200 GBP with nothing more to pay for 3 years.
Low purchasing costs over a three year period
Location backed by worldwide financial experts
A substantial residential project of a low density
Local economy to benefit with creation of new jobs
Demand for housing set to explode, boosting rental yields
Established developer listed on Turkish stock exchange
THE INVESTMENT
Estimated capital growth of 25% for year one
Located on the European side of Istanbul
Innovative development concept
Estimated 10% rental yields, with a rental management company on siteWithin the master plan of the entire development, plans are in place to also build:
A university facilitating approximately 8,000 students
The 2nd largest hospital in Istanbul
THE EXIT STRATEGIES
Ideal for long or short term investors
Take advantage of the high capital growth and pre-construction prices as a short term investment, with no restrictions on selling prior to completion
Benefit from the estimated 10% rental yields in an area of high rental demand, furthering the opportunity for a long term investment strategy
THE SECURITY
As part of IPIN's due diligence process, this project has undergone legal searches by an independent law firm.
For this development, Legal Independence, confirms the following:
The project complies with all legal requirements
The proposed draft of the Private Purchase Contract has been examined and it has been certified that all necessary requirements are contained therein
All licenses, title deeds and company registration documents have been examined and verified
The developer has a good reputation for producing projects with high quality finishing and on-time delivery
IPIN therefore has no hesitation in offering this project to its members.
THE DEVELOPER
The developers combine their international experience with the latest technology, working in both the public and private sectors.
This prestigious developer is a Turkish stock market registered company and maintains high standards and professionalism
The company's 60 years of experience and a proven track record of constructing residential buildings, shopping malls and office blocks increase investor confidence
The developers are also in the process of constructing the Trump Towers, Istanbul and posess the sole right to the Trump name in Turkey
Future construction projects for the developer include, further residential and commercial complexes
