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1 bedroom apartment for sale

Turkey - Istanbul, Bahcesehir

Guide Price £48,000

like this property?

Call: 03339 395623

Key features:

  • Rental Guarantee at 7%
  • Only 30% Deposit
  • Mortgages available
  • luxury lifestyle residence

Full description:

Located on the fringes of Bahcesehir, This Residence will be a luxurious, family orientated development. The complex provides the conveniences to ease everyday life, the apartments are a product of advanced technology and high quality finishes.
This Residence will combine traditional architecture with modern lines and provide a healthy, peaceful and safe living area.
The development has a number of fantastic features including a man made river system with bridges. It will have a children’s day care facility and a children’s play area. There will be landscaped gardens, bars, restaurants and a whole array of sport facilities.
• Pre-Release Prices
• One and two bedroom apartments
• Only 30% Deposit
• Rental Guarantee at 7%
• Mortgages available
This Residence is close to amenities, on a radius of 2 km are Bahcesehir University, Akkoza Shopping Mall, Migros Shopping Mall, Aqua Dolphin Park, TEM Highway (E6), Hospital, municipality leisure park. It is 5 mins drive away from the Olympic Stadium, 10 mins drive away from Ataturk International Airport and 20 mins drive away from Istanbul town centre.
• One bedroom penthouse apartments
• Two bedroom penthouse apartments
• One bedroom apartments
• Two bedroom apartments
• Contemporary design
• High quality finishing
• All two bedroom apartments have family bathroom and en-suite
• All apartments will have an entrance wardrobe
• All apartments with have a designated car parking space
Once completed, this master planned community will incorporate a balanced mix of studio, one bedroom and two bedroom apartments. It will include a modern spa and health centre, a multitude of shops, bars, restaurants and other commercial amenities that suit a luxury lifestyle residence.



Every lifestyle and recreational amenity has been considered in this ultimate luxury lifestyle residence including:
Turkey is a country entwined in history, mythology and people. It has been called “the cradle of civilization” and by travelling through this historic land, tourists will discover exactly what is meant by this phrase. The heir to many centuries of cultures makes Turkey a paradise of information and cultural wealth. Turkey is unique for each tourist in part!
In recent years, Turkey has become a major worldwide tourist destination with around 30 million tourists a year. With the rapid development of both summer and winter resorts, more and more people from around the world are able to enjoy the history, culture, and beautiful sites of Turkey. From swimming in the Mediterranean to skiing in Uludag, Turkey has something to offer every tourist. Through decades of change and growth, Turkey boasts this success, living by its adopted motto of “Peace at Home, Peace in the World“. The Financial Times has rated Turkey among the 10 top locations in the world where real estate investors can safely buy residential or holiday homes.
London-based Global Property Guide announced recently that “Turkey is Europe’s most attractive real estate market”. Due to strength of the banking sector the effects of the global financial crisis was substantially less than in most European markets and recovered almost immediately. Turkey is the 9th most popular country for foreign investment, ahead of Brazil, Thailand and Mexico. In the last twelve months all the rating agencies Fitch, Moody’s, etc. have upgraded Turkey whilst downgrading many European countries like Greece, Portugal and Ireland.
Mortgage lending commenced in 2007 and with the Central banks policy of decreasing interest rates the housing market is stimulating demand, added to this is that there exists an annual housing deficit of 350,000 units.
Turkey is the 15th largest economy in the world and the 6th largest economy compared to the 27 EU Countries in 2007 (IMF-WEO). Turkey has been identified by the US Department of Commerce and the World Bank as one of the ten most promising emerging economies. Turkey’s population of 71,5 million has an average age of 28, 65% of the population is below 34 years old. In 2010 the average GDP was in excess of 11% making Turkey the 3rd fast growing econonmy in the world.
Turkey is expected to become a full member of the EU within the next 10 years, meaning that a major increase in property values is anticipated. ABTA forecasts an incredible 25% growth in British visitors to Turkey for 2011. Jim O’Neill, the Goldman Sach’s economist, who first coined investment category term “BRIC” (Brazil, Russia, India and China) has forecasted that Turkey and Indonesia will grow beyond expectations. He says ”Turkey will grow faster than expected”. Due to Turkey’s recent economic performance, Jim O’Neill has put Turkey among the N-11 group, which is another term like the BRIC used to define economies with high potential. O’Neill believes that Turkey will present many investment opportunities in the coming years.
In the last decade Istanbul has fast become one of the foremost cities of the world. Rising above the Bosphorus Straits that cut the historic centre of Istanbul in two the city bridges diverse cultures and strengthened by its cosmopolitan nature inherited from successive civilizations, the city is a great source of inspiration. With its world class museums, classic buildings, its renowned biennial, its galleries and its art fair, Istanbul has become a very important tourist destination in addition to being the financial centre of the country. Travellers to the city enjoy both the historical sites as well as the contemporary art scene.
The mystique of Old Istanbul and the charm of Istiklal Street, a pedestrian mall. Each turn around a building will lead you to a street filled with electric shopping, outstanding cuisine, cultural attractions and side streets boasting lots of nightlife: chic cafe-bars, bistros, restaurants and music clubs.
The long and exotic history of Istanbul makes for incredible sightseeing, and it also provides a design sensibility that is elegant and modern, but classically Turkish. Blending the traditional dimensions of East and West, the magical city of Istanbul reflects the spirit and culture of the past and present descending the depths of history:- Roman, Byzantine and Ottoman. Istanbul is perched on seven hills where you will find countless terraces and rooftops beckoning us to relax, beverage in hand, to come and listen to the call to prayers being called or rung out from the myriad of mosques and basilicas or to gaze at the hundreds of boats in the Golden Horn. The unique beauty of the Bosphorus Strait spread out below us, for this city, matured and kneaded with thousands of years of history, has an incomparable view, one imbued with human energy and striking appeal.
Istanbul was once the capital of the world and known as Constantinople. The colours, the sights and the people! Indeed a cauldron of cultural confluence. Crossroads of religions, continents and races. Capital of the Byzantine, then the Romans and then The Ottoman Turks.
Bahcesehir is located 20 kms from the city centre, it is only 2 kms from the TEM motorway and approximately 17 kms from the main International Airport Ataturk. The beach of Buyukcekemece is only a 5 minute drive away. Bahcesehir also has a main line train station called Ispartakule which is only a few minutes drive from the new development. It is also connected by various local and express bus routes.
Bahcesehir means “Garden City” and is an area particularly attractive to the upwardly mobile middle classes of Istanbul who are the first generation ever to have the option of buying a property using a mortgage. Statistics show that the capita per person is 6 times the average in Turkey. The new mortgage options in Turkey are set to transform the market over the coming decade, with housing loans currently constituting only 5% of consumer debt in Turkey as opposed to 50% in established European states. Bahcesehir has been one of the top developing areas in Istanbul in recent years. It has become a major middle class residential area and has a number of shopping malls such as Akbati shopping centre, Akkoza mall and Prestige mall. Soon the new Bluewater shopping centre will open which has been leased by the Dutch retailers Corio. The original master plan was to build a huge park in the centre in the valley and surround the valley with residential properties. This is what makes Bahcesehir unique and a prime location for living.
In the heart of Bahcesehir you will find the first and largest man made lake in Turkey. Covering an area of over 300,000 metres it is surrounded by parklands with restaurants, a tea house, sports facilities, running track, horse riding, equestrian club, golf clubs and its own amphitheatre where there are regular shows. The whole area is surrounded by trees and green areas. The population of the district is just over 388,392 (2007) and covers some 10,000 hectares. The largest waterpark in Istanbul, the Aqua Dolphin Park is situated in Bahcesehir with three large pools and an assortment of waterslides and rides. It also offers a wide range of entertainment and shows.
This Residence is destined to be a premier family residence offering luxury accommodation, a shopping mall, indoor and outdoor activities. Close by to the development is where the new campus for Bahcesehir University is being built which makes This Residence a very attractive investment opportunity as the complex will certainly attract the many foreign and wealthy students who will require good furnished accommodation in the vicinity.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Sabiha Gökçen (International), 73.6 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Adaptive Infrastructure Ltd, London

145-157 St John Street, London, EC1V 4PY, England.
03339 395623  Local call rate
About Adaptive Infrastructure Ltd, London

Turkey

Turkey attracts the attention of foreign investors for a number of reasons. It ranks as one of the world’s biggest markets. The population of 70 million enjoys a GDP per capita of $ 6,500. The country’s developed industrial base, rich raw material and human resources and proximity to Europe, the Middle East and Russia endow Turkey with great advantages.Political stability and economic growth, combined with eventual membership in the European Union, make Turkey a magnet for foreign investment.

Turkish property Market

The Turkish property market is witnessing the early stages of a massive boom triggered off by an important change in the law relating to the ownership of property by foreigners. This only happened at the end of 2002, but it has meant that prices have been rocketing ever since. As other Mediterranean countries rapidly become too expensive. Prices rose by an average 60% over the last 22 months in the coastal areas. All indicators show that this is just the beginning and we expect prices to rise sharply for the next 5-10 years. This means that your slice of paradise will also be a lucrative investment. Rental incomes are also doing very well as more and more people are turning their backs on tour operators and large hotels in favour of organising their own holidays in their own space.

All our villas and apartments we sell are built to the highest specifications.
Plus all property contracts provide a 5 year structural defect guarantee.
Unlike places such as Spain, when you buy a property in Turkey nobody can take it away from you or make any claim on you unless this is registered at the land registry before you buy.

Mortgages are only available if you become a resident.
Should you require funding then you should consider borrowing from a UK lender against the equity in your UK residence?

Rental

There is good demand for rental property; Turkey is the 18th most visited country in the world and ranks 13th in tourism income. The Turkish Ministry of Tourism expects Turkey to be the 11th most popular tourist destination in the world by 2005 with over 20 million tourists arriving to Turkey each year. You can expect a rental income of between € 450 - 900 (£300 - 600) per week for a 3/4 detached villa with own or communal pool, we can introduce you to several rental agencies, and as we provide full garden and pool maintenance, together with our maid service you can rent out your villa knowing we are looking after everything for you and your paying guests.

Our Client

• A Turkish Incorporated Company Partly British owned
• Established 5 years
• 400 Villas & Apartments SOLD last year
• 500-600 target for this year
• 800 plots and 6 Developments at different stages of build
• Over €1m Plant and Machinery owned by the group
• Manufacture own Kitchens, Internal and External Doors.
• Own furniture store.
• ALL payments made to and held by JOHN HOWELL Solicitors in escrow until contract terms meet
• NO Payment released until build stage completed, or Good Security provided in case of Advance payment

The Villa builds Quality
• Twin Wall and Insulation (Only one we know doing this)
• 5 year GUARANTEE on structural build
• High quality KITCHENS and BATHROOMS
• Marble Staircase
• Built-In Wardrobes (In most properties)
• Clients Special Requirements NO PROBLEM

• NOW selling by us for owners for € 70k plus

Expectations

• The next 3 years will see the Highest equity growth
• This year will be better than next – SO NOW is the time to Buy

Free Inspection Tours

We invite you to come and see for yourself the high quality of the villas. Join us on our 3 day, 4 star hotels

FREE Inspection Tour and whilst in Bodrum we invite you to meet some of our existing owners at one of our complementary BBQ's.
Visit our development sites and even select your plot if you wish, we will also be pleased to show you some of the many nice beaches, and places to visit. Then be our guests to sample really good food at unbelievably low prices. There is no cost for the Inspection Tour; we will pay for your accommodation, meals out, etc.

All you have to do is get to Bodrum International Airport; flights are normally £150-250 subject to time of year. Of course when you buy we will refund the air fare. We look forward to meeting you at the airport; you are assured of fine weather and a really nice time. Throughout the whole process of inspecting our show houses, deciding on your dream villa or apartment and importantly after hand over, we are at your service with offices in the UK and Turkey to ensure your complete satisfaction. All our Villas or Apartments come with a standard specification of, you will be able to view the standard kitchen on your inspection visit, and some clients seek a dream kitchen to provide that extra personalisation.

All swimming pools are built to the highest standards; the whole pool is constructed from reinforced concrete, and can include such features as walk in steps, underwater lights, waterfalls or even an adjacent spa bath. We realise that purchasing a property is not just about buying the right villa, and aware of the fact that a lot more specific issues come to mind once you have bought your ideal villa.

Adaptive Try to source the best deals in Turkey for our clients keep in touch for other great deals.

Regards

Marco Austin


Disclaimer

This is a property advertisement provided and maintained by Adaptive Infrastructure Ltd, London (reference ADPTKYISTParklane) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Adaptive Infrastructure Ltd, London

145-157 St John Street, London, EC1V 4PY, England.
or call 03339 395623
Calling from outside the UK? 0044 20 7125 0037

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.