About the Apartment
- Property: Apartment (Off Plan)
- Bedrooms: 2
- Bathrooms: 1
- Receptions: N/A
With deposits from only £19,086 Life Studio is an excellent buy-to-let opportunity in the top property investment hotspot in Europe for 2008.
Features
Life Studio, Istanbul
KEY FEATURES
* Deposits from less than £20,000
* Excellent buy-to-let opportunity
* Ideal for business rentals
* Prime position within Istanbul city
* Istanbul tipped as property hotspot for 2008 by Price Waterhouse Coopers
* Rental yields of 7-10% p.a. expected
* Population upsurge and housing shortfall currently happening within the city
* Excellent on-site facilities including gym, sauna, spa, fitness centre and sports courts
* Close to various shopping centres and retail outlets
* Seaside town location within Istanbul city
* Easy payment plan
The Life Studio development comprises of one and two bed apartments located in a prime position within Istanbul. Each spacious apartment comes part-furnished with some kitchen appliances and air conditioning included plus the complete use of the superb on-site facilities.
In such a prime position, the Life Studio development will offer great rental yields as it puts residents in perfect commuting distance to Istanbul City. The below figures show the potential rental income that the development is expected to generate. (Figures are displayed in Turkish Lira).
Rental yields are expected to reach between 7%-10% per annum.
* 1 bed apartment (small)
Estimated monthly income 750 YTL (approximately £300)
* 1 bed apartment (large)
Estimated monthly income 950 YTL (approximately £380)
* 2 bed apartment (small)
Estimated monthly income 1100 YTL (approximately £440)
* 2 bed apartment (large)
Estimated monthly income 1400 YTL (approximately £560)
Please enquiry for more information on prices, payment plans and development details.
Plot Size: N/A
Location
Just a few minutes away from the lively centre of Istanbul with its bustling markets, colourful shops, memorable historic sites, and the Atirus Shopping Centre, the Life Studio development offers an energetic and vivacious setting. Yet, the development is also just a short distance from the nearby seaside area of Büyükçekmece, a very popular destination with locals due to its seafront tea gardens and friendly, relaxed atmosphere.
With Ataturk International Airport only 20 kilometres from the site and the fact that the development is located on the Esenyurt-Ambarli connection road, travel to and from the area could not be easier.
Activities
- Watersports
- Cycling
- Swimming
- Sailing
Currency Converter
The sale price is quoted in (GBP £). Show approximate sale price in:
From GBP £74,975
Pricing Notes
1 bedroom apartments range from £47,715 for a 42m² sized apartment to £71,570 for a 63m² sized apartment.
2 bedroom apartments range from £74,975 for a 66m² sized apartment to £105,650 for a 93m² sized apartment.
Payment Plan
40% on contract
25% October 2008 at completion of the shell
25% July 2009 completion of the main construction
10% on delivery of the key and title deed
Mortgages are available on completion, please request details on qualification criteria and costs.
Expected Rental Income
The below figures show the potential rental income that the Life Studio development is expected to generate. (Figures are displayed in Turkish Lira)
* 2 bed apartment (small)
Estimated monthly income 1100 YTL (approximately £440)
* 2 bed apartment (large)
Estimated monthly income 1400 YTL (approximately £560)
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