Property Description

Key selling points

• Low purchasing costs over a three year period
• Estimated capital growth of 25% for year one
• Close to Ataturk International Airport
• Innovative development concept
• @ downpayment on contract and ` payment at completion.
• Estimated 10% rental yields, management company on site
• Established developer listed on Turkish stock exchange
• Off Plan Investment opportunity with pre-construction prices
• Free Furnishing packs worth approx. £5,000 during September

Description
 
Invest in ISTANBUL, One bedrom property for £37,000. Two bedroom for £61,500

INNOVIA 2 GATED COMMUNITY IN ISTANBUL

Offer, Free Furniture packs worth £5,000 for contracts exchanged before 30th September

With deposits from as little as 14,800 GBP with nothing more to pay for 3 years.

£500 reservation fee, @ downpayment on contract and ` payment at completion.

The units at Innovia boast designated parking, 24-hour security, video intercoms, an on-site management office and a children's day care centre. Residents and tenants have exclusive use of a multi-purpose sports hall, indoor and outdoor swimming pools, tennis, basketball, volleyball, cycling track, and a five-a-side football field. Other features include a shopping mall, gymnasium, and indoor bowling centre, with plans to construct the second largest hospital in Istanbul already well under way. Astonishingly, all of this comes at an entry level price for a one bedroom apartment of just £37,000 GBP with deposits from as little as 14,800 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 Shortage of housing boost demand
• 2010 Istanbul European Culture of Capital (2008 was in Liverpool)
• Demand for housing set to explode with the new mortgage law, 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
• Close to Ataturk International Airport
• Close to all the amenities
• Innovative development concept
• Estimated 10% rental yields, with a rental management company on site

Within 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
• After 5 years there are no capital gains tax
  

THE SECURITY

As part of our due diligence process, this project has undergone legal searches by an independent law firm.
For this development, London Legal International, 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
  

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 possess the sole right to the Trump (Towers) name in Turkey
• Future construction projects for the developer include, further residential and commercial complexes

• Region: View All "Istanbul Apartments"
• Country: View All "Turkey Apartments"
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