Turkish Apartment - Flat on Offer in Istanbul - Ref 682990
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Apartment/Flat Description
There is no better opportunity to invest in ISTANBUL!!!
0% Interest free for 4 years non status finance
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 April 1982. The main activity of the company is constructing infrastructure, industrial and administrative construction and the developemnt 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 Organized Industrial Zone (gosb.com) which is home to over 100 companies including Siemens, Proctor and Gamble, Honda, DHL, Philips, Isuzu, Alarko Carrier etc...this particular zone employes over 14,000 people. The project is also located 15 km 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 35km 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 prospour.
Key Features:
- Prices from 42,775
- Only 7.5% deposit ( from £3208 only)
- Non Status 0% interest for 48 months
- Monthly Installment Payments from £824
- No furniture package needed for the long term rentals and all maintenance fees 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
- Children’s play area
- 3 - 4 week completion turnaround
- No bank lending required
- No lengthy form filling
Finance:
To match the nature of this stunning development comes an equally attractive deal structure. 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 external banks is diminished and means most properties can be completed on within 3-4 weeks. This innovative deal structure allows clients to achieve guaranteed finance with minimal form filling at maximum speed. A summary of the finance is given below:
Non Status lending
No credit checks
£2000 Sourcing fee applicable
£1000 Solictor fee
0% interest
48 month payment plan
2 options for 1 bed apartments:
Option1)
59 sqm 1 bed apartment is £42,775
£1000 sourcing fee to reserve apartment
7,5% to be paid in 10 days: £3,208
And the rest is divided into 48 equal installment plan with 0 interest: £824,31 per month
Option 2)
72sqm 1 bed apartment is £52,200
£1000 Sourcing fee to reserve apartment
7,5% to be paid in 10 days: £3,915
And the rest is divided into 48 equal installment plan with 0 interest: £1,150 per month
The property will be paid fully in 4 years.
Rental return:
Expected income from rentals:
1 + 1 59 m2 (furnished) 700 TL / month
1 + 1 72 m2 (furnished) 800 TL / month
There is a high demand right now especially for the 1+1 apartments due to the shortage of the kind. The given figures are taken from the next door complex which is 15 years old and is not private complex as Istanbul Life Residences. (No security guards, no garage and etc in the complex next door). So we need to say that the figures will be more than 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 |
Off plan |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
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NEW 1 BED APARTMENTS IN ISTANBUL WITH LOW MONEY DOWN DEPOSIT OF £3,208 AND 0% INTEREST FREE NON STATUS FINANCE OVER 4 YEARS. ONLY £42,775
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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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