Property Frontiers

Apartments in Istanbul, Turkey

Invest from £23,250

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No1 Knightsbridge,
Istanbul,
Turkey

1 Bed Apartments from £71,000

2 Bed Apartments from £125,000

Invest from £23,250 (fixed in sterling and based on 30% deposit)
Total Investment from £41,000 (fixed in sterling)
70% loan to value mortgages available to EU Buyers
2 Year protected rental guarantee at 7.5% p.a.

Summary

Invest from £23,250 (fixed in sterling and based on 30% deposit)
Total Investment from £41,000 (fixed in sterling)
70% loan to value mortgages available to EU Buyers
2 Year protected rental guarantee at 7.5% p.a.
Studio, 1 & 2 bedroom luxury apartments
Prime location in a booming suburb in the growing prosperous city of Istanbul
Very close to major transport links, employment, beaches and amenities
Strong local rental market
Large scale housing deficit and rapidly expanding owner occupier market
Only 20% of the project will be sold to overseas investors
High quality furniture packs available
Local developer with substantial track record of success

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Description

An opportunity to invest into one on the most exciting and rewarding residential markets in Europe. Available at 50% below completed prices with
a 2 year 7.5% protected rental guarantee.

No. 1 Knightsbridge presents investors with an opportunity to enter into the severely undersupplied Istanbul residential market. The Financial Times Turkey as one of its top 10 investment locations and the European Union have officially announced that the country will become the fastest growing in Europe during 2010.

An exploding population and rapidly rising middle class is placing current housing stock under extreme pressure. Turkey requires an estimated 500,000 new housing units per annum whilst constant migration to the capital is means 250,000 are required in Istanbul alone.

Teaming up an award winning Architect and local developer with a substantial track record of success, these units are available to invest in a 50% below completed prices with a 2 year 7.5% NET protected rental guarantee. Top

Location

Knightsbridge No1 is located in Beylikdüzü, which is part of the Büyükçekmece district of Istanbul. Beylikdüzü is one of the most rapidly growing areas of the city. It combines all the advantages of
a residential suburb, close to the beach with a convenient proximity to the city centre. Local services are excellent, making the area increasingly attractive to both local and overseas residents. Price indicators for the area show a 30% growth on current projects from off-plan to completion in 18 months.

There is also an acute shortage of rental properties in the area.Beylikdüzü is Istanbul’s newest and fastest growing district and this is reflected in the growth of its sporting, cultural and shopping facilities. It lies between Istanbul’s main Ataturk International Airport (15 km away) and Istanbul’s proposed third International Airport at Silivri, only 10 minutes by car from Knightsbridge No 1.

The seaside resort at Büyükçekmece is five minutes away and is popular for day trips or weekend breaks. It is dotted with long sandy beaches, restaurants, cafes houses, nightclubs, parks, marina, yachting club, and modern water park. Knightsbridge No1 is very close to the E-5 (Bahcesehir exit), which provides primary links to
the city centre and Europe. Top

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Property

No. 1 Knightsbridge has been specifically selected by Property Frontiers in order to give our clients the option to invest in a unique and exciting development in Istanbul. We have been given access to a selection of stunning apartments in this
unique building that will benefit from sea and city views.

Designed in contemporary style award winning architect Metin Hepgüler, and finished with the local rental population in mind. These apartments are both upmarket and tasteful and will attract the young aspiring workforce keen to move out of the
family home.

On site facilities are extensive, with an indoor swimming pool, coffee houses on the terraces with decorative pools, saunas, Turkish bath, fitness centre, shops, and meeting rooms, 2000m²
landscaped gardens, valet parking, laundry and house-keeping services, gated entry, and on-site security.

Knightsbridge No 1 is located at the heart of the city’s vibrant cultural and social life. Yet it is also an oasis of tranquillity in an urban setting. As a mixed use building, it will include
commercial and office space as well as residential apartments – a city within a city, providing local employment as well as a convenient and easy lifestyle for the residents. Top

Amenities