Istanbul Property Investment in Central Location 2 Bedrooms for sale


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Property Description

Within minutes of desirable Bagdat Caddesi (Avenue) of Goztepe, Istanbul these luxury apartments offer excellent value in a highly sought after area. The complex includes residences and home offices completed in March 2013. Located in Goztepe, Atasehir, the project consists of 3 blocks of apartments, two with 41 storeys and one with 40 storeys. Ground floor consists of a large shopping mall with diverse shopping facilities. There are several levels of underground residents car parks also.

The project is highly recommended for Istanbul real estate investors looking for an assured exit strategy with exceptionally high capital growth potential due to:

- The project is situated on E5 motorway connecting Asia and Europe via the first Bosphorus Bridge in 5 minutes. E5 is Turkey's main intra and inter city motorway servicing majority of Istanbul's business traffic.

- The project is literally 10 minutes walk to the new Metro station which will connect the area via the Marmaray Project (Istanbul's Bosphorus tunnel project opening at the end of 2012) to Taksim Square in 15 minutes, Ataturk airport in 30, Levent Financial and Business district in 15 minutes.

- Sabiha Gokcen airport is only 25 kms from the project

- The project is only 3kms to Bagdat Avenue, one of Istanbul's most sought after and elite districts.

- Target market and majority of residents are made up of the professional elite of Istanbul.

- The project consists of excellent facilities and on-site management & rental service providing easy access to rental income and exit strategy when required.


Different types available and prices

Three blocks of apartments are built on 17,000m2 green area consisting of 1,053 units of 1, 2, 3 bedroom apartments as well as 1 and 2 bedroom home office apartments.

Studio apartments 31m2 - 36m2 from GBP 60,000 to GBP 73,000

1 Bedroom apartments 55m2 - 62m2 from GBP 96,000 to 133,500

1 Bedroom duplex apartments 84m2 - 87m2 from GBP 176,700

2 Bedroom apartments 75m2 - 78m2 from GBP 130,000 to 169,000

3 Bedroom apartments 103m2 - 131m2 from GBP 195,000 to 285,000

3 Bedroom Penthouses 193m2 GBP 468,000

1 Bedroom Home Office units (apartment + office in one) 110m2 GBP 217,000

2 Bedroom Home Office 152m2 from GBP 309,000

Prices depend on elevation, size and views. Price increases the higher the floor. Sea views apply above 20th floor and above 12th floor residents have beautiful city views due to the fact that the project is located in a low rise area.


Facilities

- Full concierge service
- 24/7 security and reception
- Fitness and wellness centre
- Underground car park, each unit comes with own space
- Indoor and outdoor swimming pools
- Shopping centre on the ground floor
- Football pitch
- Basketball pitch
- Sports area outdoor
- Satellite TV and internet systems


Goztepe, Atasehir
Goztepe is located within Kadikoy district of the well sought after Asian side of the city. It is centrally located within very easy reach of the first Bosphorus bridge joining the two continents of Istanbul.

Goztepe is regarded as an elite area, where city's professional population favours as well as being within most established Kadikoy.


After sale and rental service

On-site management and consultancy service is available providing the following

- Rental management
- Placement of your property on the market for resale

Payment terms
12% off asking price for upfront payment
40% down and 60% finance over 5-10 years at preferential rates - subject to standard credit checks and finance approval


Reservation and purchase process & costs

- GBP 1,000 reservation fee to reserve the unit
- Granting power of attorney to recommended solicitor
- Purchase tax 3.3%
- 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 enquiring herewith.

Property Overview

Price:    £130,000 / €177,762
Reference: IST5888APT
Completion Status: New build
Category: Investment property, Permanent homes,
Tags: Apartments in Istanbul asian, Istanbul
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Swimming pool: Shared
Distance to beach: Within 4-5 miles
Bedrooms: 2
Bathrooms: 2
Floors: 41
Units in estate: 100+
Sq metres built: 75
Sq metres plot: N/A
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
  • Jacuzzi
  • Lift
  • Satellite
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