centre point studio apartments for sale in Istanbul turkey

Invest in Centre point and capitalize on Istanbuls symbolic housing deficit, impressive rental yeilds and a convinient exit stratergy- the local market

 

Istanbul is ranked number one for city development prospects by the PWC emerging trends in real estate in Europe report 2010. The European Union’s economic report predicts that Turkey will become Europes fastest growing country in 2010, and according to The Financial Times the country is highlighted as one of its top 10 investment locations as Turkey requires 500,000 new housing units by 2015 due to a well documented deficit, Istanbul accounts for 50% of this demand . With our very popular, exciting new project, Centre Point, you can invest from just £7.460 to purchase a studio apartment with a very strong local rental market. Prices start at an amazing £18,650, so buy now before the price increase on 1st November 2010.

 

Centre Point is situated in Esenyurt, Istanbul and very close to the city centre and shops, hospitals and schools. It is just 15 minutes from the airport and 2 minutes from the E5 which provides excellent links to the city centre. 

 

The apartments will be rented on long-term lets and will deliver a yield in excess of 10%. The established property management company on-site will fill the apartments quickly after completion due to the low price and luxury facilities. High yields are achievable when renting the apartments out for just £199 per month. 

 

Based and active in Istanbul since 2005, TAM Property Management have a proven and successful track record in adding-value to the properties they have under management. They are experienced in the residential sector in Turkey and offer their clients hands-free property management solutions. They are the leading residential property management company in the Beylikdüzü region.

 

Technical Specification of the Studio Apartments

 

• Central gas heating system with thermostat radiators. This will be metered and charged to the tenants according to the gas and hot water usage. 

• Video intercom system to enable visual communication with visitors and the main reception. 

• The apartment will be insulated with thermal and sound material. 

• UPVC double glazed windows. 

• Telephone, internet and TV satellite installations in living room. 

• Satellite system

• Multiple electrical points

• Provision for aair-conditioning. 

• Living-Room: satin paint finish on the walls, suspended ceiling, laminated flooring, thermostat radiator. 

• Kitchen: satin paint finish on the walls, TSE quality ceramic tiles, MDF modern kitchen cabinets, breakfast bar, thermostat radiator. 

• Bathroom: TSE quality ceramic coating on the walls, waterproof paint on the ceilings, modern shower enclosure and high quality ceramics with TSE certificate, accessories. 

• Steel entrance door.

 

Technical Specification for the block

 

• Load bearing wall, raft foundation system will be used for the construction. Reinforced concrete (C30). ST3 classed steel. 

• Sides of the blocks will be made by using good quality heat and noise insulating materials and between each floor there will be heat and noise insulation. 

• Water tank and pressure tank. 

• Underground car parking

• Fire equipment on each floor 

• 7/24 security 

• Closed circuit camera system

• Video Intercom system 

• 3 Elevators

• 2 Staircases 

• Provision for Air conditioning 

• Lightning conductor 

• Power Generator –common areas

• Natural Gas, central heating system 

• Sewerage system 

• Gas detectors 

• Sound and thermal insulation 

• Earthquake detectors central

• Internet connection 

• Cable Tv

 

 

Location

 

Centre Point is situated in Istanbul, Turkey

 

Construction Schedule

 

All properties will be completed and ready for occupation on 14th February 2012. This development is sold off-plan.

 

Facilities And Maintenance

 

Facilities include: 

 

• Outdoor Swimming Pool

• 6 Movie Theatres

• Turkish Bath

• Sauna

• Jacuzzi

• Fitness Centre

• Tennis Court

• Basketball Court

• Jogging Track

• Walking Paths

• Restaurants

• Bars

• Hairdressers

• Shops

• Children’s Playground

• Crèche

• Landscaped Gardens

• Artificial Lakes with Bridges

• Doctors

• Emergency centre

• Outdoor and Underground Parking

• On-site Management Services

• 24/7 Security

 

 

Payment Terms

 

1. Pay a £2,000 reservation fee and complete our reservation form 

2. Receive your contract and pay the 40% deposit – from just £7,460

3. 60% due on completion which can be easily mortgaged through our financing partners

4. Pay closing costs of approximately 4% (£750) 

5. Receive title of the apartment on completion in February 2012.

 

 

About the Immediate Vicinity

 

Turkey Property: Key Investment Points

 

- Democratic country with rich history and wealth of culture

- Located at the junction of Europe and Asia 

- Population of 71.5 million and growing with significant shortage of housing

- 15th largest economy in the world and 6th in the EU

- Located outside of the Euro zone

- Over 73,000 overseas nationals already living in Turkey (Turkish Statistical Institute) 

- Rated among the Top 10 locations where real estate investors can safely buy residential or holiday homes in 2010 by the Financial Times

- Booming tourism destination with 28 million tourists in 2009

- Istanbul is a European Capital of Culture 2010

- Low cost of living

- Superb climate with long hot summers and short, mild winters 

- 279 Blue Flag beaches and 14 marinas

- Mortgages now available to EU buyers

- Named Golf Destination of the Year in 2008 

- Expected to become a full EU member by 2020

from 19,900£ Only !!!