Istanbul Properties Property in Istanbul

No1 Knightsbridge - Istanbul Property

Istanbul, European Capital of Culture 2010, has been ranked #1 for city development prospects by the PWC Emerging Trends in Real Estate Europe Report 2010. The large scale housing shortage in Istanbul, currently at 250,000 units per year, urgently needs to be met and so the Insight Property Group brings you a new exclusive pre-launch opportunity, No1 Knightsbridge. 

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No1 Knightsbridge – Istanbul - 50% Below Completed Prices

Designed by world renowned and award winning Turkish architect Metin Hepgüler, No1 Knightsbridge will be synonymous with the very best of contemporary Istanbul living and will include 338 studio, 1, 2 and 3 bedroom luxury apartments.

You can invest with as little as £12,300 with zero currency exposure and 70% finance is available. Also included, on completion, is a protected 2 year rental guarantee at 7.5% p.a. Previous comparable projects in Istanbul have shown a 50% uplift in prices from initial release to completion and demonstrates No.1 Knightsbridge’s value for money by investing pre-launch.

NO1 KNIGHTSBRIDGE - ISTANBUL - THE INVESTMENT

  • Istanbul’s current annual housing deficit is estimated at 250,000 units p.a.
  • Zero currency exposure
  • Available pre-launch 50% below completed prices
  • 2 year protected rental guarantee at 7.5% pa
  • Invest from £12,300 (fixed in sterling)
  • 70% loan to value mortgages available to EU buyers
  • Studio, 1, 2 and 3 bedroom luxury apartments
  • Prime location in a booming suburb in the growing prosperous city of Istanbul
  • Very close to major transport links, employment, beaches and amenities
  • Strong local rental market
  • Large scale housing deficit and rapidly expanding owner occupier market
  • Sales and Purchase Contract notarised for security
  • Only 20% of project will be sold to overseas investors
  • Stunning sea and city views
  • Time limited pre-launch opportunity
  • Reputable developer with a substantial track record of success

Complete our enquiry form to receive your complimentary No1 Knightsbridge investor report

No1 Knightbridge

Why Istanbul property?

Istanbul, where the security of the West meets the promise of the East, is the well established economic powerhouse of Turkey presenting some of the most attractive investment opportunities available.

  1. Jones Lang LaSalle rated Istanbul as the 18th largest city in terms of GDP
  2. Increasing FDI with multinational companies such as Sony Ericsson, Vodaphone, HSBC and Tesco setting up offices creating an excellent longterm rental market
  3. 55% of all trade in Turkey is generated from Istanbul
  4. Thriving city of 14 million people, 17,8% of Turkey’s population
  5. Istanbul is the European City of Culture 2010
  6. Rental yields of 10% - 12% are being witnessed
  7. Demand for housing far exceeds supply with the gap estimated at 250,000 units p.a.
  8. Foreign investors can exit into a local market of first time home buyers
  9. Construction of a third international airport was announced in 2009 on the European side at Silivri
  10. Government-led plans to decentralize the city with massive investment in infrastructure and public transportation

Complete our enquiry form to receive your complimentary No1 Knightsbridge investor report

ISTANBUL PROPERTY FOR SALE – NO1 KNIGHTSBRIDGE

Designed by world renowned architect Metin Hepgüler, No1 Knightsbridge will incorporate cutting-edge architectural design and include studio, 1, 2 and 3 bedroom apartments. Located in the prosperous district of Beylikduzu on the European side of the city, the contemporary apartments offer sea and city views, modern interiors, superb on-site facilities and easy access to central Istanbul.

Featuring:

  • Uniquely designed rooftop swimming pool
  • Coffee shops & terraces
  • Sauna, Turkish bath and fitness suite
  • Conference Facilities
  • Management and rental office
  • 2000 sqm landscaped gardens
  • Valet parking
  • Laundry & house-keeping services
  • Gated entry with on-site security

No1 Knightsbridge apartments come complete with all modern conveniences including:

  • Fitted modern kitchens with breakfast bar
  • Modern design shower room
  • Laminated parquet flooring in living and bedroom
  • Central heating system
  • Air conditioning
  • Double glazing
  • Internet connection
  • Underground parking

Credible Exit Strategy

Turkey currently requires in excess of 500,000 new housing units per annum to satisfy current demand, of which 250,000 has been identified as required in Istanbul. This large scale housing deficit combined with the burgeoning first time buyer market, provides investors with a secure and credible exit strategy.

Units at No1 Knightsbridge are available pre-launch 50% below completed prices

Complete our enquiry form to receive your complimentary No1 Knightsbridge investor report

Prices

Purchase price includes VAT, white goods, air con and furniture

Studios - Prices from £46,500
1 Bedroom - Prices from £60,500
2 Bedroom - Prices from £81,750

30% Deposit (plus legals & notary costs)
70% Mortgage (20 year repayment at 4.58%)

Complete our enquiry form to receive your complimentary No1 Knightsbridge investor report

For each of our Turkish developments, we can send you more information including detailed plans, prices and the latest availability. If you would like to receive these for any of our developments below or would simply like to register your details to receive up to date information on the latest Turkish property releases, please complete our enquiry form.

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