First Call Price on Prime Istanbul Property Investment


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Property Description

Istanbul European side property investment opportunity at Lowest Prices in Istanbul Bahcesehir, this unique project offers exceptional facilities, combination of residential and commercial units. The project is the most comprehensive living space created in fast developing Bahcesehir, a residential town of Istanbul accommodating the city's growing professional work force.

Currently our best selling project. Please note current available prices are most up to date prices. As the construction progresses along subject to availability list prices will increase. Please see the available units and prices below. We have only limited number of 2 bedroom and 3 bedroom units left.

The project consists of 1,494 apartments and a multi-aspect business centre / trading centre. There are 11 blocks in total, each with different characteristics:

- 6 twelve storey blocks,
- 3 horizontal blocks of 8, 10 and 13 storeys
- 2 towers of 26 and 31 storeys

Very high capital growth assured
- Purchase now at first call prices, we expect 33% increase prior to completion in May 2014 and steady increases thereafter

- 20kms to Ataturk Int airport

- Fastest developing suburb of Istanbul

- Very fast rate of urbanization in the area with excellent facilities and key businesses moving in

- Bahcesehir is by far the most sought after and elite part of Istanbul's western banks. Prices of similar standard completed properties are on average 30% higher than our first call prices as of today.

Apartments include types to suit all styles and budgets

Main Blocks
1 bedroom apartments 56m2 - 77m2
2 bedroom apartments 91m2 - 115m2
3 bedroom apartments 136m2 - 159m2
4 bedroom duplex apartments 160 - 185m2

Towers consist of
Studio apartments 35m2 - 38m2
1 bedroom apartments 57m2 - 74m2
2 bedroom apartments 93m2 - 96m2

Prices from
1 bedroom units GBP 63,750 ( limited number of units available )
2 bedroom units GBP 96,250 ( Ground floor and 1st floor units only )
3 bedroom units GBP 119,100 ( higher floor units are available )
4 bedroom units GBP 158,600 ( higher floor units are available )

Please note that prices above are applicable to upfront payment terms and as such carry 8% discount to list prices. Where extended payment terms are applied, then 8% discount will no longer apply

All units come with intelligent building systems fully integrated

Facilities on site
Concept islands; woodland, quiet and wealness islands
Swimming pools
Modern Island Club; library, children facilities, swimming pool, fitness centre, cafe,
Ample green areas
Waterfall feature and Spanish steps
Tower Restaurant
Playgrounds
Basketball
Open and covered car parks
Mirror and reflective pools
Sunbathing terraces
Trading centres
Auto centre
24/7 security
Concierge

Payment terms
- 8% discount applies to list prices for upfront payment (as above)

- 40% down and 60% with equal monthly payments til completion date of 15/05/2014

- or Contract signing and Initial Payment 50%
remaining 50% payable on the completion date of 15/05/2014

Completion Date 15th of May 2014


Reservation and purchase process & costs

- GBP 2,000 reservation fee to reserve the unit
- Granting power of attorney to recommended solicitor
- Purchase tax 4%
- Buyer's fee 3%
- Solicitor's fee GBP 1,000

Purchase process takes around 8 weeks, each step is followed by your appointed solicitor with your power of attorney. Once full payment is made, title deed is registered as freehold.

Please note that our qualified consultants will assist you with selecting the most suitable unit in line with your requirements. To that effect, please advise us of your budget and requirements so we can select the most attractive units for minimum possible price that will meet your requirements. You can reach us on + 44 (0) 20 8371 0059 or via inquiring here with.

Property Overview

Price:    £63,750 / €87,172
Reference: IST5889APT ( Sold )
Completion Status: Nearing completion
Category: Bargain property, Investment property, Permanent homes,
Tags: Apartments in Istanbul european, Istanbul
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Swimming pool: Shared
Distance to beach: Within 2-3 miles
Bedrooms: 1
Bathrooms: 1
Floors: 20
Units in estate: 100+
Sq metres built: 69
Sq metres plot: 52412
Sq metres terrace: N/A
Furnished: Empty
Type of parking: Covered Garage
Security: 24/7 Security Provided
  • Air Conditioning
  • Double Glazing
  • Equipped Kitchen
  • Fitted Kitchen
  • Central Heating
  • Satellite
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