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This fantatsic two bedroom apartment, for sale fully furnished, is located in the much sought after Knightsbridge No1 Residence in the up and coming suberb of Beylikduzu. Due to complete in the Spring of 2014 this apartment is offered for sale at an excellent price and has a rental agreement which is transferable to the new purchaser.The development itself is stunning in architectural design and has an indoor pool, gym and concierge services for the comfort of its residents, Knightsbridge No 1 Residence is situated in the Beylikduzu, Esenyurt and Bahcesehir triangle, one of the strongest growth scenes within Istanbul, due to its proximity to the city centre, major transport links of E5, the new TEM service and public transport, meaning the centre of Istanbul is just a 35 minute journey away and only 20km from Istanbul Ataturk Airport. This area is appealing to Istanbul residents as it offers high quality accommodation within well serviced complexes, away from the overcrowded city life but within an easy commute.This area has shown to be one of the best developing areas over the last four years, offering substantial capital growth from off plan developments and fantastic rental opportunities. The growing prosperity drives forward housing demand; 70% of the residents in Istanbul are under 30 years of age and a further 250,000 people migrate to Istanbul each year. These impressive figures indicate the advancing housing shortage in Istanbul! This certainly will continue to drive Istanbul property prices upwards. GENERAL INFORMATIONJobs are plentiful with the bustling Mercedes Benz bus factory keeping many of the district’s inhabitants busy, 7 university campuses in the Beylikduzu district with huge student population demanding accommodation, very close to the new industrial and free trade zones with many white collar workers looking for high quality rental accommodation in the area, guaranteeing huge demand for available living space every year.Town planners are in the process of creating concepts for cutting edge mixed use developments modelled on those being created elsewhere in the city. Many of those are reaching completion and which makes property in Beylikduzu high on investors’ lists in 2012.Just a few bullet points about the local area:Istanbul Ataturk airport is only 20 minutes driving distance from the developmentThe new metrobus line is only a few minutes away from Knightsbridge No 1 Residence, Istanbul.There are two motorway exits are only a few minutes from Knightsbridge No 1 Residence, Istanbul, providing easy access to every part of the city.The new tube station will be built only a few hundred meters from the development.Average of 30% to 50% capital growth can be expected due to shopping & business centre and quality of development.This project is in the heart of Beylikduzu’s new residential area and enjoys great sea views.There is a need for modern quality operated apartments in Istanbul Beylikduzu region.This development is very close to the new industrial and free trade zones and with many white collar workers looking to rent properties in that region.There are more than 7 universities close to Beylikduzu region but not enough accommodation for students on university campuses and very little good alternative accommodation for university students.
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