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Istanbul Property - Real Estate Hotspot 2010
Istanbul Property - Real Estate Hotspot 2010
"Turkey is becoming increasingly popular with British property investors due to attractive gross rental yields & low property prices, property experts say.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 11, 2010 --
Turkey requires in excess of 500,000 housing units by 2015 to satisfy current demand with 250,000 of these being located in Istanbul.
Designed by world renown and award winning architect Metin Hepgüler, No1 Knightsbridge will be synonymous with the very best of contemporary Istanbul living and will include 1, 2 and 3 bedroom luxury apartments.
Investment Highlights
* Invest from £23,250
* Prices fixed in sterling - zero currency exposures
* Only 20% units sold to overseas investors
Istanbul Property - Real Estate Hotspot 2010
Welcome visit Our WebSite:
http://istanbulproperty.fairdealinvest.com/ * 70% loan to value mortgages available to EU buyers
* 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
Invest 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 apartments from £75,000 – property remains cheap in Turkey," 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
More information can be found online at http://istanbulproperty.fairdealinvest.com/
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Where: Hong Kong,Hong Kong (China)
Industry:
Where: Hong Kong,Hong Kong (China)
Industry:
Where: Moscow,Russia
Industry: Construction & Real Estate
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