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New Generation Houses, Istanbul, Turkey

Overseas Investments - Turkey property

New Generation Houses, Istanbul, Turkey
New Generation Houses, Istanbul, Turkey

 

- 1-3 bed fully furnished apartments
- Prices from £62,560
- No maintenance or service charges
- 5 years rental guarantee (bank supported)

Located in Sekerpinar-Gebze “Yeni Nesil Evleri (New Generation Houses) 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 (1-3 bed fully furnished apartments), the build strategy is carefully organised and the luxurious low-rise apartments will be provided with 24-hour concierge services. The estimated time of completion of the development is December 2009.

The homes which will be freehold purchases will enable the residents to control everything within their apartment and to request concierge services remotely.

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.

Location
Located 40km away from Istanbul city centre, 10km away from Sabiha Gokcen International Airport and 35km from Eskihisar harbour Sekerpinar-Gebze is central to the expansion plan, which is the “Advanced Technology Industry park” project. Being that property prices in Sekerpinar-Gebze are less expensive than central Istanbul and that it is an organised industrial zone, it has attracted many blue chip companies over the years.

CurrencyGBP (£)TypeApartments – Off Plan
Prices from£62,560Prices to£151,000
Reservation£3,000Deposit25% + stage payments
Start dateStartedCompletion 2009
ManagementFully managedManagement chargesTBC
FurnitureAdditionalRental 9.5% for 5 years
FinanceYes – 60%Completion costsApprox. 3%

   

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