Istanbul - Property Hotspot 2011

Turkey requires in excess of 500,000 housing units by 2015 to satisfy current demand with 250,000 of these being located in Istanbul.

Now is the time to capitalise on this unique opportunity to make a prime city investment with 70% LTV finance available and a 2 year 7.5% rental guarantee

Investment Highlights
Invest from £23,250
Prices fixed in sterling - zero currency exposures
Only 20% units sold to overseas investors
70% loan to value mortgages available to EU buyers & 60% finance available to Non-EU buyers now!
2 year protected rental guarantee at 7.5% pa
10-12% NET yields before capital growth are anticipated
1, 2 and 3 bedroom luxury apartments
Last sea view units remaining
Designed by world renowned architect Metin Hepgüler
Constructed by Kullar whose subsidiary is developing the world's largest car showroom also in Istanbul
Large scale housing deficit and rapidly expanding owner occupier market
Prime location in a booming suburb in the growing prosperous city of Istanbul

 

 

 

 

 

 

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Buy with confidence... This is what the experts say.....

"Turkey is becoming increasingly popular with British property investors due to attractive gross rental yields & low property
prices, property experts say. Stuart Johnson of Experience International (EI), the overseas property firm, says there has
been strong appetite from investors interested in buying property in Turkey this year, especially for properties in Istanbul.
"Investors can buy a one-bedroom apartment in Istanbul off plan from around £40,000 or a completed new-build apartmen
from £75,000 – property remains cheap in Turkey," he says."
Financial Times, May 2010

Turkey’s GDP rose an impressive 6% in the last 3 months of 2009 compared to the same period in 2008, far exceeding
the 4.5% growth forecast.Such strong growth has also prompted experts to increase forecasts for growth for 2010
from a conservative 5.4%.
- Wall Street Journal, 2010


“Attaining European Capital of Culture status has generally been regarded as resulting in demand for real estate in the
cities concerned. Cities suchas Liverpool, Barcelona both saw property prices rise and this year’s chosen location,
Istanbul, is predicted to see price increases of up to 40%.“
- PropertyWire, 2010

“Turkey’s real estate market has attracted about $30 billion of investment in the past decade, with a third
coming from abroad”
- Hurriyet Daily News & Economic Review, 2010

 

 

 

Experience BG T/A Experience International
Head Office: 1 Northumberland Avenue Trafalgar Square London WC2N 5BW
United Kingdom.ExperienceBG is a UK registered company. Companies House
No. 5301679. Registered Address: 178 Brownhill, London, SE6 2DJ

Istanbul Property

Istanbul property and especially Istanbul apartments are now predicted to be one of the best  investment opportunities for 2010. Istanbul is said to be the gateway from the west to the east and as so can offer the security of the West along side the East’s captivating cosmopolitan culture and vibrant environments.

The latest Emerging Trends in Real Estate Europe Report recently released by PWC and the Urban Land Institute rank Istanbul, European Capital of Culture, number 1 in City Development Prospects in 2010. Turkey investment property has been attractive for the pat few years now but most of the development and marketing was focused on more holiday lifestyle homes on the Mediterranean coast and has been attracting many overseas property investors for around the world.
Turkey property

This non eurozone country has capitalised on its attractive climate, stunning Aegean and Mediterranean coastlines, low cost of living and ease of access to the UK with 73,000 overseas nationals (Turkish Statistical Institute) already calling Turkey home.

We would like to highlight that the property investment in Turkey boom is also due to rapidly growing cities such as Istanbul where the significant housing deficit presents opportunity.

As Managing Director of Experience International, Steven Worboys, comments,

"The success of Istanbul’s property market is a simple matter of supply and demand. Due to the rapid growth of the city (some 400,000 new inhabitants arrive each year to work or study) the existing housing stock has reached capacity. It is estimated that 250,000 new homes per annum are required until 2015 according to the Real Estate Investment Trust Association to meet the demand generated by foreign as well as domestic investment."

Istanbul is the established economic powerhouse of Turkey, offering some of the most attractive investment opportunities available and the Istanbul apartments currently for sale are proving very popular with both foreigh and domestic investors..

Turkey property Investment | Istanbul Apartments | Istanbul Property

 

 

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