1 Bed Flat for sale in Istanbul, Marmara, Turkey

A first class investment opportunity in one of the most talked about and fastest growing cities. Coming from a developer with a strong track record, this latest offering in a booming city can only be described asa great investment. 9 Blocks within City Life and prices for one bedroom units starting at £60,000 Flexible payment plan available and completion due for 2013. Already in construction Bahcesehir recently won the award for the “best satellite city project” and is an affluent area boasting new and high quality housing which has great rental potential. The area offers plenty of entertainment facilities and Istanbul’s largest shopping centre is close by. The development is perhaps one of the most attractive projects under construction in Istanbul. Bahcesehir certainly lives up to its name of the ‘Garden City’. Development was initially planned around a central park with surrounding residential properties but what Bahcesehir ended up with was far more impressive. The suburb boasts the largest manmade lake in Turkey, stretching over 300,000 metres. The lake is surrounded by parklands with restaurants, a tea house, sports facilities, running track, horse riding, equestrian club, golf clubs and its own amphitheatre. It is also home to the Aqua Dolphin Water park, the largest in Istanbul and a mecca for families, but if it’s the real thing you are after then Buyukcekemece beach is only a 5 minute drive away. Key Features 20 minutes to Ataturk Airport 5 minutes to major highway E5 City Centre: 20 minutes Underground car parks Turkish bath Sauna and fitness area Swimming pools Tennis court Basketball area Shopping Centre Restaurant/Cafes Children’s pay areas 24 hour security Landscaped gardens Water features Running and bike trails News According to the European Union economic report, Turkey will become the fastest growing country in Europe in 2010 and is already ranked as the 3rd fastest growing economy in the world (Turkish Statistical Authority). The Financial Times rated Turkey amongst its top 10 investment locations and National Geographic Traveller recently hailed Istanbul the “City of the Future”. Turkey currently requires in excess of 500,000 new housing units per annum to satisfy current demand – over half of total demand identified as required in Istanbul. Turkey is likely to continue in 2012 as it has in 2011. Right now Turkey is the fastest growing economy in the world. Although rising inflation is on the problem horizon, the government has earned a reputation for excellent fiscal management, so there is little doubt that it can soften the lines of inflation, especially with interest rates still so low. The budget deficit is a surplus, public debt is low and falling and record export growth is slowly but surely closing the trade and current account deficits. Turkey attracts foreign investors investing in holiday homes, and those investing in residential buy to let properties, both are set to see a strong 2012.