1% Cashback. ISTANBUL APARTMENTS - LARGE DISCOUNTS
Please find attached an exciting investment opportunity for 1 and 2 bedroom City Apartments from ONLY €53,400 41% DISCOUNT TO MARKET VALUE, 145% PROFIT estimated in just 2 years, 30% CAPITAL GROWTH.. LIMITED AVAILABILITY
You’ve heard from us that Istanbul has enormous investment potential. We have
heard from you that you want one and two bed apartments. The good news is that these
are also highly sought after in the local market. The even better news is that we have
sourced some for you.
We have a fantastic relationship with the local developer Demo Insaat, and they
have negotiated to obtain planning permission for one and two beds in Elite Park. This
is a relatively straightforward process as the change is internal - the superstructure is
already built.
Demo Insaat specialise in high quality apartments in up-and-coming areas, and they
have offered us a great deal. 1-bedroom apartments from €53,400, and 2-bedroom
apartments from €63,000, in the Elite Park development in the western coastal suburb
of Beylikduzu. These prices represent an average discount of 41% to market value.
We think this is a great deal in a city where mortgages will shortly become available
(legislation is currently going through parliament). Istanbul will have a massive firsttime-
buyer market eager to buy these smaller size apartments. Also, the demographics
in Istanbul show a large percentage of young people, who will be looking to buy their
first home. Therefore your onward sale will be to the local market, which, as we’ve seen
shows no sign of letting up.
The Elite Park development is situated on the
European side of the Bosphorous, in the Beylikduzu
district of Istanbul, around 30km west of the city
centre. It is a young, family oriented suburb with fantastic
amenities. It is close to a shopping and cinema
complex, several supermarkets and it has a weekly,
traditional open market right next door. The development
is on a hillside which means it benefits from sea views and
cool breezes. In the same area, there are prestigious villas
overlooking a nearby lake for upwards of 1 million Euros1.
Elite Park has excellent transport links. Ataturk
International Airport is just a 25 minute drive away,
and a new, high-speed train/metro link being put
into place will connect Beylikduzu and Istanbul city
centre and the underground system. It’s also a centre of
learning with 2 universities within 3km of each
other and is within 3 kms of Tuyap, Turkey’s biggest
exhibition and business centre.
The area is currently undergoing much improvement.
These projects include a green parkland corridor which
will reach from directly outside Elite Park all the way
down to the Marmara Sea, about 3km away. This is a
vibrant seaside area with many popular beaches, bars
and cafes. There are also designated family and
private beaches where, if you prefer to stay away
from the crowds, you can pay to use. The nearby
sailing marina is also being upgraded, which is a long
term project, including a planned fast sea bus service from
there to Istanbul’s centre.
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