Istanbul, University apartments 7% PA guaranteed 2 years. Studio £25,700, 1 bed £51,300. - Emerging Real Estate

Istanbul, University apartments 7% PA guaranteed 2 years. Studio £25,700, 1 bed £51,300.

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Emerging Real Estate have secured 10 studios at £25,700 and 5, 1 bedroom apartments at £51,300 both with 2 year guaranteed rental.

• Initial investment of just £8,995
• Year 1 rent paid up front, year 2 with bank guarantee.
• Parking space included
• Experienced developer with proven track record, all building licences issued, full due diligence report available.
• Up to 65% LTV Mortgages available subject to status.
• On Site retail units including supermarket, restaurants, bars, doctors surgery, on site management, 24/7 security
• No Capital gains Tax after 5 years.
• Istanbul European City of Culture 2010.

Emerging Real Estate have secured 10 studio apartments at £25,700 and 5 , 1 bedroom apartments at £51,300 both fully furnished with guaranteed rental returns of 6% PA for 2 years for studios and 7% PA for 2 years for 1 bedroom apartments.

Currently under construction and due for completion in December 2012 this prestigious development is situated in Esenyurt just 5 minutes from Bahcesehir, and 15 minutes from Ataturk Airport and the city.

The leading Universities in the area are Bahcesheir University http://english.bahcesehir.edu.tr/index.html and the state owned university of Istanbul http://www.istanbul.edu.tr/english/ which attracts 38,000 students alone, there is a shortage of quality accommodation available. Currently there is a huge demand for rental property in this area and as a result there is a 2 year guarantee as these apartments will rent to students. There is also significant interest from wealthy parents to purchase for their children which we feel will generate a good capital appreciation option upon completion.

Payment Plan

• £3,500 reservation fee secures an apartment immediately. This is £2,000 reservation fee and £1,500 our finder fee.
• Full Legal protection through an Independent Lawyer in Istanbul ( full details on request )
• 35% deposit within 14 days
• 65% Completion Dec 2012, less £2,000 reservation fee.

Please call our sales team who have visited the site recently and will be happy to give you background information and any other details you require.