Site Last Updated on Feb 3rd 2012
Istanbul apartments for sale
invest from £23,250
2 year 7.5% rental guarantee
According to the European Union economic report, Turkey become the fastest growing country in Europe in 2010.
The Financial Times rated the country amongst its top 10 investment locations.
Turkey requires in excess of 500,000 housing units by 2015 to satisfy current demand with 50% of these being located in Istanbul.
Istanbul property
Istanbul apartments for sale, No1 Knightsbridge provides the opportunity for our members to capitalise on Istanbul’s significant housing deficit, benefitting from attractive rental yields and a secure exit strategy – the local market.
Investment Highlights
- Invest from £23,250 (fixed in sterling)
- Total investment from £77,500 (fixed in sterling)
- Only 20% units available to overseas investors
- 2 year protected rental guarantee at 7.5% pa
- 1 and 2 bedroom luxury apartments
- Prime location in a booming suburb in the growing prosperous city of Istanbul
- Very close to major transport links, employment, beaches and amenities
- Strong local rental market
- Current yields equivalent to 10% being achieved
- Sales and Purchase Contract notarised for security
- 70% loan to value mortgages available to EU buyers
- 60% Finance to Non EU buyers
- Expanding owner occupier market
- Stunning sea and city views
- High quality furniture packages available
- Large developer with track record of success
Designed by an award winning architect, these contemporary styled residences afford sea and city views and upmarket interior finishes.
Contemporary City Living
No1 Knightsbridge apartments come complete with all modern conveniences including:- Fitted modern kitchens with breakfast bar
- Modern design shower room
- Laminated parquet flooring in living and bedroom
- Central heating system
- Air conditioning
- Double glazing
- Internet connection
- Underground parking
Featuring:
- Indoor swimming pool
- Coffee shops & terraces
- Sauna, Turkish bath and fitness suite
- Meeting room
- Management and rental office
- 2000 sqm landscaped gardens
- Valet parking
- Laundry & house-keeping services
- Gated entry with on-site security
The metro-bus link is extending to Beylikduzu within the next 12 months giving easy access to the centre. In 2011, the new Istanbul-wide metro system will be completed and Bizimkent Station will be only minutes away from these Istanbul apartments for sale. In a radius of 5 km can be found the Kaya Millennium Shopping Mall, Carrefour, Bauhaus, Expo Centre, Beykent & Fatih Universities, Medicana Hospital and the Aqua Park. The closest 18 Hole Golf Course is 35 km away.
The infrastructure is being shaped into a modern and cosmopolitan secondary centre to Istanbul. Beylikduzu has one of the strongest growth scenarios put down to its proximity to the city centre combined with the benefits of living in a well serviced environment away from the over-crowded city centre.
Purchase Process
Now
Fill in reservation form and pay £2590* into UK lawyers a/c
Fill in Decision in Principle form, forward required paperwork.
Receive Mortgage decision in principle from bank
Receive client care agreement,
Sign, Notarise & Apostilise Power of Attorney and obtain Certified passport copy.
30 days
Complete and sign sales contract
Pay 30% deposit into UK escrow account.
Sales Contract and amount of deposit notarised and registered with Turkish authorities.
Pay 2% notary fee.
Q3 2011
3 months prior to completion mortgage application re-confirmed
Completion
2 weeks prior to completion - snagging undertaken
70% completion paid for by mortgaging bank on title deeds and subject (minus £2000 reservation fee)
Final purchase costs and Transfer Tax (1.5%) paid
The Developer
We expect local demand for these luxury apartments to be high due to the established nature of the developer who has a proven track record, completing and delivering numerous projects, on time and to budget within Istanbul and specifically Beylikduzu.
The Architect
No1 Knightsbridge has been designed by award winning first architect of Turkey, Metin Hepgüler, who draws upon over 50 years of experience having completed 560 projects worldwide.
Architect, urban planner and designer, Metin Hepgüler, has participated in numerous competitions being awarded 166 prizes and 12 international prizes. He was declared as holding the world record in surveys such as ENR of USA, ABI, Who is Who and IBC
Mr. Metin Hepgüler blends the modern architecture with utility and this combination can be seen in all his projects including hotels, banks, offices, hospitals, embassies, administration & educational buildings, residential, cultural & shopping centres, convention halls, sport & industrial buildings, showrooms, interior design and monuments.
Please call us for the latest prices and availability.
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