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New Generation Resort, Sekerpinar, Istanbul The Turkish city of Istanbul is one of the best places to invest in property
Described as being on its way to becoming "one of the most important cultural centers in Europe", Istanbul is Turkey's largest city and is the only metropolis in the world which is situated on two continents. Ozgul Ozkan Yavuz, director of events and organizations for Istanbul 2010, has said that the European Capital of Culture status will be valuable in creating more interest in property in the city much like Liverpool and London.
New generation houses are located in Sekerpinar-Gebze . The development is one of the first up market residential developments in the “advanced technological industry park projects” in the area. The project is designed to offer a supreme package for the young executives, with high disposable incomes who will be moving to this rapidly developing commercial region.
With 314 properties, the build strategy is carefully organized, and the luxurious low-rise apartments will be provided with 24-hour concierge service.
The development will consist of 1, 2 and 3 bed apartments with a 9.5% Net rental guarantee for the first 5 years.
The development will have a shopping centre and will consist of conveniences such as food shops, pharmacy and laundry services. The residents will also be able to socialise and mingle with residents at the excellent restaurants and cinema planned in the development.
Price start from £68,500.
Location Istanbul - Turkey Construction Schedule Completion is set for December 2009. Facilities And Maintenance Maintenance fees are non-applicable if you take the rental guarantee.
Facilites include:
- The Bluetooth integrated shopping centre includes:
- Food courts.
- Pharmacy.
- Laundry services.
- Restaurants.
- The leisure centre includes.
- Indoor and Outdoor pools.
- Bowling Alleys.
- Basketball courts.
- Many other recreational facilities.
Payment Terms We have a refundable reservation fee policy which enables you to hold an apartment for up to 28 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first installment. The reservation fee is only refundable if the client views the property for sale in the development within the 28 day period. Only 10% of your reservation fee is retained by us as an administration charge. We will accept verbal reservations which are valid for 48 hours. The refundable reservation fee is £2,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first installment. After 28 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.
PAYMENT PLAN
£2,000 reservation fee
25 % at contract
25% 3 months later
50% on completion
FURTHER COSTS AND FEES
Legal Fees: £890
Military application N/A
Bank charges and courier fees: £250
Power of Attorney: £300
Property transfer tax: 3% of property value
Land registry fees: £250
Property Management All property management is catered and free for the first 5 years within the 9.5% rental guarantee if taken. About the Immediate Vicinity Being in one of the biggest cities in the world everything is within easy distance.
Sabiha Gokcen International Airport is a 10 minute drive away.
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