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New Istanbul Apartments For Sale – 7.25% 3 Yr Guaranteed Rent

by

Luke Fitzy

In recent years Istanbul has become an international investment hotspot, experiencing a 27% increase in foreign investment this year announced by the city s chamber of commerce. Turkey s successful financial and banking sectors, as well as its thriving tourism industry, have resulted in a trend of investment in Istanbul apartments.

Istanbul s fast growth, as well as a growing emerging middle class, has seen current demand for new homes in the city reach unprecedented levels. According to the Real Estate Investment Trust Association, it is calculated that 250,000 new homes each year are required until 2015 at least to meet current demand.

The success of Istanbul s property market is basically supply and demand . Europe s quickest growing city has seen rapid growth -around 400,000 new people arrive every year to study or work and now the current housing supply has arrive at capacity with demand increasingly surpassing the current supply.

Experience International has just launched an exclusive new development, Richmond House II, luxury

apartments in Istanbul

. Experience International are the only agent who can exclusively offer 18 luxury penthouse suites in the development to property investors.

Styled to satisfy the needs of the growing affluent rental market in Istanbul, Richmond House II is a luxury new development situated in one of Istanbul s most up and coming suburbs.

Richmond House II provides a low entry level into one of the fastest growing cities in the world and provides investors with a provable income stream and demonstrable exit strategy – the local market, Steve Worboys, Managing Director of Experience International states. We re pleased to exclusively offer 18 luxury apartments to our clients, offering high rental returns and strong capital growth.

Integrating cutting-edge architectural design and modern interiors, Richmond House II will include a range of studio, 1 and 2 bedroom apartments with excellent facilities all within the private gated community including roof top swimming pool.

Pre launch prices for a 1 bedroom penthouse suite situated on the 14th floor start from 56,000 allowing clients to invest from 20,680 based on 30% deposit and legal fees to exchange. This Istanbul property investment is set to be very attractive with 70% LTV finance available for the balance due on completion.

The Istanbul apartments come with a 7.25% three year protected rental guarantee and similar projects have shown up to 30% price lift over the build.

For more information about apartments in Istanbul or a range of Istanbul investment property ask Experience International call 0207 321 5858 or visit www.apartmentsinistanbul.org/exclusive.html

Experience International have been marketing overseas property investment for the past 7 years and at the moment are currently focused on the exception opportunities offered but Istanbul and specifically the off plan

apartments in Istanbul

that deliver good capital appreciation and guaranteed rental income.

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