Istanbul Life Residence - Non Status Finance

The latest Emerging Trends in Real Estate Europe Report recently released by Price Waterhouse Coopers and the Urban Land Institute ranked Istanbul, European Capital of Culture, number 1 in City Development Prospects in 2010. Read More

 

Prices starting from £47,000, 7.5% Deposit to reserve the property approx £3500 which is deducted from the overall selling price the remaining amount is divided equally in to 48 monthly payments of approx £900 PCM (0% Interest)

Properties will complete in October this year, no service charges to be paid when property is occupied, these are paid by the tenant. No management charge to be paid by the owner either.

Prices from £47,000

 

The property is very well located.  We are one of the nearest developments to GOSB which is a huge technology park that houses some 14,000 employees. As well as this there are 2-3 universities in the local area as well as very good amenities, shopping centres etc.

The development is state of the art and offers very good on site facilities including a gym, spa, market, and meeting facilities to name but a few. I cannot stress how good an investment this is. We anticipate these properties to be rented out from Day 1 with very little void periods.

There are no forms to be filled out. There are no credit checks and monies are paid out fast. Banks are a thing of the past with this deal and we have guaranteed approval for all clients who wish to take out the finance.

The Project

Istanbul Life Residence is the perfect retreat for the young as well as the experienced professional. The project is set within 15,500m2 of well located land and when fully completed will house a mixture of 400, 1,2,3 and 4 bedroom apartments spread over 7 buildings. The development has been built to a very high standard and accredited with the ISO 9001 certification. The developer ‘Ertaş İnşaat Sanayi ve Ticaret AS’ is based in Istanbul and was established in April 1982. The main activity of the company is constructing infrastructure, industrial and administrative construction and the developemnt of residential projects. The company has won “The European Quality Award’ as well as having the ISO 9001:2000 Quality Management Systems certificate given by Moody International. Ertaş İnşaat Sanayi ve Ticaret A.Ş. is a member of the Ergüz Group of Companies.

The project is ideally located a short drive away from the Gebze Organized Industrial Zone (gosb.com) which is home to over 100 companies including Siemens, Proctor and Gamble, Honda, DHL, Philips, Isuzu, Alarko Carrier etc.this particular zone employes over 14,000 people. The project is also located 15 km away from Sabiha Gokcen International Airport which has recently been expanded for the increase in air traffic to the area and Istanbul city is approx 35km away. Gebze is central to the expansion plan (Advanced Technology Industry Park) of this area and with increased investor incentives laid down by the government good air,bus,and rail infrastructure this area is only continuing to prospour.

All apartments will come complete with steel exterior doors, double glazed windows, laminate flooring, car parking and mod con facilities such as cable TV and wireless Internet connection. On site facilities will include Turkish Bath/Sauna, gymnasium, swimming pool, children’s play areas, multi purpose sports area to name a few. As a resident or owner in the project you have unlimited access to all the facilities to complement your lifestyle. In addition the development will have 24 hour security and CCTV surveillance.

Within a short distance from the development lies numerous office buildings, factories and universities making this the perfect location to take advantage of the growing demand for rental Property. Lettings management of the apartments will be undertaken by REMAX, a well established company based in Turkey with a proven track record. REMAX will be in charge of finding tenants, collecting rent and managing the tenant queries on a day to day basis. .

Summary

To match the nature of this stunning development comes an equally attractive deal structure. All clients who wish to purchase at Istanbul Life Residence can benefit from non status lending and interest free credit over 4 years. As a result of this finance, the need for any external banks is diminished and means most properties can be completed on within 3-4 weeks. This innovative deal structure allows clients to achieve guaranteed finance with minimal form filling at maximum speed.

  • Non Status lending
  • No credit checks
  • 0% interest
  • 48 month payment plan
  • 24 hour on site security
  • Fitness and wellbeing centre
  • Turkish baths, and full Spa facilities
  • Outdoor swimming pool
  • Recreation and Sun terraces
  • Children’s play area
  • 3 - 4 week completion turnaround
  • Non status lending
  • 4 years 0% interest free payment plan
  • No bank lending required
  • No lengthy form filling

 

Properties for sale in Turkey

More Information

For a full information pack please enquire quoting Ref: LCCC10

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