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.
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