Istanbul Apartments

Designed to meet the needs of the growing rental market in Istanbul, Richmond House II is a brand new development located in one of Istanbul’s most up and coming suburbs.

Incorporating cutting-edge architectural design and modern interiors Richmond House II will include a selection of studio, 1 & 2 bedroom apartments with first class facilities set within a private gated community including roof top swimming pool.

The success of Istanbul’s property market is a simple matter of ‘supply and demand’. Due to the rapid growth of the city (some 400,000 new inhabitants arrive each year to work or study), the existing housing stock has reached capacity and demand increasingly outstrips available supply.

More than 4,000 foreign companies currently operate in or are based in Istanbul benefitting from existing service facilities and infrastructure. The city’s geographical location acts as headquarters for regions covering Central Asia, the Mid & Near East, and North Africa. Market prices have become elevated and developers are now being forced to expand to the city’s periphery due to a shortage of available land and these up and coming areas are being supported with additional transport links and companies are being encouraged to relocate to these sites.

Richmond House II provides a low entry level into one of the fastest growing cities in the world and delivers investors with a provable income stream and demonstrable exit strategy – the local market.

Pre-Release prices for a 1 bedroom penthouse suite located on the 14th floor start from ￡56,000 allowing clients to invest from £20,680 based on 30% deposit + legal fees to exchange. The development is set to become ever increasingly profitable with 70% LTV finance available for EU and North American buyers for the balance due on completion.

The investment is secured with a 3 year 7.25% protected rental guarantee and comparable projects have demonstrated up to 30% price lift during construction.

Richmond House II provides a low entry level into one of the fastest growing cities in the world and delivers investors with a provable income stream and demonstrable exit strategy – the local market.

Richmond House II features:

• Laminate floors throughout
•  Fitted kitchen with stainless steel appliances
• Granite work surfaces
• Air conditioning & heating
• Sound insulation
• Intercom system
• Satellite TV and internet
• Access to all on site facilities
• Secure underground parking
• Luxury Furniture Package
• Rooftop Swimming Pool
• Fully equipped Gymnasium
• Crèche
• CCTV & 24/7 Security
• Satellite TV and internet

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