Istanbul > Turkey Apartment - Flat For Purchase
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Apartment/Flat Description
There is no better opportunity to invest in ISTANBUL !!
1 BED / 1 BATH APARTMENTS IN NEW COMPLEX WITH 0% INTEREST FREE NON STATUS FINANCE OVER 4 YEARS
LOW MONEY DOWN DEPOSIT OF ONLY 7.5% = £3,208
COMPLETION - SEPTEMBER 2010
The project is set within 15,500m2 of well located land and when fully completed will house a mixture of 400, 1,2,3 and 4 bedroom apartments spread over 7 buildings. The development has been built to a very high standard and accredited with the ISO 9001 certification. The developer is based in Istanbul and was established in 1982. The main activity of the company is constructing infrastructure, industrial and administrative construction and the development of residential projects. The company has won "THE EUROPEAN QUALITY AWARD" as well as having the ISO 9001:2000 Quality Management Systems certificate given by Moody International.
The project is ideally located, a short drive away from the Gebze Organised Industrial Zone (gosh.com), which is home to over 100 companies including Siemens, Proctor and Gamble, Honda, DHL, Philips, Isuzu, Alarko carrier etc.... this particular zone employs over 14,000 people alone. The project is also located 15 kms away from Sabiha Gokcen International Airport, which has recently been expanded for the increase in air traffic to the area and Istanbul City is approx 35 kms away. Gebze is central to the expansion plan (Advanced Technology Industry Park) of this area and with increased investor incentives laid down by the government good air, bus and rail infrastructure - this area is only continuing to prosper!
KEY FEATURES:
- Prices from £42,775
- 1 Bed / 1 Bath Apartment
- Only 7.5% deposit (£3,208)
- Non Status 0% Interest Finance over 48 Months
- Monthly Installment Payments £824
- No furniture package needed for long term rentals and ALL maintenance fee will be PAID BY TENANTS
- 24 hour On Site Security
- Fitness and Wellbeing Centre
- Turkish Baths and Full Spa Facilities
- Outdoor Swimming Pool
- Recreation and Sun Terraces
- Childrens Play Area
- No Bank Lending Required
- No Lengthy Form Filling
FINANCE:
To match the nature of this stunning development comes an attractive deal structire. All clients who wish to purchase at Istanbul Life Residence can benefit from non status lending and interest free credit over 4 years. As a result of this finance, the need for any extrnal banks is dimished and means most properties can be completed on within 4 weeks. This innovative deal structure allows clients to achieve guaranteed finance with minimal form filling at maximum speed. The property will be paid fully in 4 years.
RENTAL RETURN:
Expected income from rentals:
1 bed 59m2 apartment 700TL a month (approx £305)
1 bed 72m2 apartment 800 TL a month
This is a high demand for rentals right now especially for the 1 bed apartments due to the shortage of the kind. The given figures are taken from the complex next door which is 15 years old and is not a private complex with amenities like Istanbul Life Residence, so therefore the rental figures should be higher than those given above.
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€51,148 | £42,775 | US$67,459 (Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Category |
New Build |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
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Property Characteristics
- Pool: COMMUNAL POOL
- Garden: COMMUNAL GARDENS
- Parking: PARKING
- Distance to Shops: Close
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Price: £42,775
Latest Property News in Turkey
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Price of Property in Istanbul, Turkey
| (All prices in EUR) |
Istanbul |
Istanbul |
Istanbul |
| Apartment/Flat |
18,400 |
8,720 |
370,000 |
3,000,000 |
76,666 |
69,000 |
| Studio |
34,995 |
18,900 |
37,000 |
57,000 |
- |
28,900 |
| New Development |
25,700 |
25,700 |
25,700 |
3,600,000 |
- |
17,000 |
* Calculations based on 81 properties for sale in Istanbul and 1722 properties for sale in Turkey |
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