Property Frontiers

Student Room in Istanbul, Turkey

Istanbul, Turkey

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HAN Florya,
Istanbul,
Turkey

1 Bed Student Room from £14,965

Complete & operational student accommodation investment
Purchase price starting from £14,965
10% NET yield guaranteed for 10 years
Buy back for 120% of purchase price - Defined exit strategy

Summary

Complete & operational student accommodation investment
Purchase price starting from £14,965
10% NET yield guaranteed for 10 years
Buy back for 120% of purchase price - Defined exit strategy
Purchase is secured through a charge on the freehold of the building
Net of Turkish income tax
No purchase costs, on-going management or maintenance costs
Experienced student management company, owned by the developer
Student building has a track record of 3 years
Accommodation requirement for in excess of 254,000 students
Located less than 1 mile from three main universities with over 19,000 students

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Description

A high yielding, low entry level secure investment, HAN Florya offers a leashold investment of 49 years within a completed and fully operational student building. YOur capital is secured by escrow account and a "Charge" on the freehold of the student building.

This is our second release of student rooms in HAN Florya due to the exceptional demand on our first launch.

With only 38 student rooms available on a leasehold basis and student numbers rising at 8% per annum, there has never been a better time to add this unique student accommodation investment to your portfolio. Top

Location

Located in the booming western suburb of Küçükçekmece, home to some 600,000 people, HAN Florya occupies a prime location close by to three universities with a combined population of 19,000 students and less than 2 minutes walk from the Metro bus station enabling easy and quick access to the city centre. Top

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Property

HAN Florya has been specifically designed to cater for the student market for purpose built accommodation. Comprising two blocks (one for male, the other for female residents) connected by a mixed lounge dining area and the main office
of the staff working at HAN Florya.

The student rooms are designed for between 1-4 people sharing. All rooms are en-suite, with one workstation per student and they come fully furnished as standard. Top

Amenities

Reception
Managed
En-Suite
Broadband Internet
Fully Furnished
Prime Location

Payment Schedule

Select a room from the availabiltiy list
Forward Finder's Fee to Property Frontiers' Client Account
Developer sends the purchase documents and lease agreement
Sign and return 3 copies of the contracts to developer
Developer will counter sign all documents
Lawyer will arrange for all documents to be notarized
Developer sends signed and notarized agreement to you
Forward payment into lawyer's Escrow Account (GBP, EURO, USD or TRL accept
Lawyer issues a receipt of funds to you

Pricing & Availability

Purchase Price	Room Type	Finder's Fee	Buying Costs	Net Annual Rental Income	Net yield	Net income over 10 years
£14,965	1 bed student room	£1,000	£0	£1,496	10%	£14,965
£26,408	2 bed student room	£1,500	£0	£2,641	10%	£26,408
£36,972	3 bed student room	£2,000	£0	£3,697	10%	£36,972
£45,775	4 bed student room	£2,500	£0	£4,577	10%	£45,775

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