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BEST BUY ! OFF-PLAN 3 BEDROOM APARTMENTS IN ISTANBUL (ref:: L99U1) - This listing was clicked 1162 times.

One-bedroom apartments – SOLD OUT! Three-bedroom apartments priced €110,0**. Prices are below current market value.

Main features for this listing
Country: Turkey
Region: Istanbul ( Read current articles. )
Property Type: Apartment
Property Site: Forestside
Vacation Property (for rent): No
Construction Year: 2006
Surface Area: 143 sqm
Bedrooms: 3
Bathrooms: 2

Description for this listing

Completion of 12–18 months enables you to take full advantage of expected
capital growth  
Construction is already in progress with approximately 75 percent of the units already pre-sold-meaning no issue over planning
Well established developer
Twenty minutes drive from Istanbul city centre

OUTSTANDING LOCATION
Only 20 minute's drive from central Istanbul, Tasdelen is located on the highway going to Sile, a popular holiday spot along the Black Sea coast.
The area is fast developing on account of its favorable zoning, clean air, and
good roads and public transportation.

LOCATION
16 km away from the world-famous Formula 1 race track
On the road connecting the third inter-continental bridge and the Formula 1 race track
2 km from Yenidogan, selected by Bill Gates as the “Silicon Valley” of Turkey
15 minutes’ drive from the second international airport in Istanbul, Sabiha Gokcen
20 minutes’ drive from central Istanbul

ABOUT THE DEVELOPMENT
Project finance is not extended by banks to mid-size
developers in Turkey. These developers have to finance
the construction of the project from their own resources.
In order to maximize their building and land buying
activities during a booming market, they often prefer to
sell the initial 30–50 of the project at a deep discount to
an investor. Tasdelen Apartments have a total of 10 blocks
and 400 units in various sizes. The developer is offering for
block sale 65 three-bedroom units measuring 143 sqm and
70 one-bedroom units measuring 82 sqm (ONE-BEDROOMS SOLD OUT)

3-bedroom apartments
143 sqm in size
3 bedrooms  
Kitchen and bathroom fixtures
Nicely finished using high grade Turkish ceramics, etc.
Only 65 units available   

Gated security  
Swimming pools
Children’s pools
Cafés
Private underground parking
Visual intercom
Childcare centre
Spa,walking grounds and superb landscaping.

Approximately 75 percent of the units have been pre-sold
Completion is expected in December 2007

This is the real advantage in buying off-plan. The shorter term and perhaps more
profitable route in and out of this development then is to secure an apartment now, hold them until just before completion and then sell  at a discount to the current market value at the time.

By doing this, you profit from not only buying at a huge discount but also benefit from growth on the market value of your property for the 18 months it will
take to complete. This is a nice clear strategy with an easy straight forward exit.  


Other features about this property, this features don't esclude more features.


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Pricing info and options for the listing Other listing options
This listing is For Sale
Sell Price: 110000 Euro
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[ CHICAGO TIME - 19/November/2008 11:49:55 ] We have 301 listings. Yesterday traffic on TurkStay was: unique visitors with page views.
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