Property Select

Innovia, Istanbul - Invest from just £15000.

Along with Moscow, financial experts Price Waterhouse Coopers quote Istanbul as being one of the top 2 European destinations in which to invest during 2008 in their Global Real Estate Review. With this in mind, Property Select has secured one of the very best investment opportunities in this thriving city, with deposits from as little as £15000 (20%) with nothing more to pay until completion (3 years).  Finance is then optional for the remaining 80% with a mortgage. Topping it off with a guaranteed rental scheme available at 6% for the first 3 years, makes Innovia an excellent investment opportunity not to be missed. Lower value units are moving very quickly!

The Investment Opportunity:

• Invest from just £15000
• Nothing more to pay till completion with the option of a mortgage.
• Guaranteed rental at 6% for the first 3 years.
• Estimated capital growth of 25% for year 1.
• Location backed by worldwide financial experts
• Demand for housing set to explode, boosting rental yields
• Established developer listed on Turkish stock exchange
• Located on the European side of Istanbul
• Master plan includes proposed University, and second largest hospital in Istanbul.
  

The Innovia Project

Innovia is located on the European side of Istanbul in an area being developed to cater for the ever growing professional Turkish community who are looking for quality accommodation to rent as the city centre becomes saturated and very expensive.

Just 14km to Ataturk International airport with daily direct year around flights from all European destinations, 20 minutes from the city's business centre, 5km to a European Blue flag beach resort and a new Metro extension within walking distance from the site, it is hard to beat the location of Innovia.

Innovia will have the most sophisticated and up to date social facilities which will give a positive impact to the living standards of its residents. The social centre includes many sports facilities, a beautiful landscape of green meadows and woods, an amphitheatre, hiking, jogging and cycling tracks accompanied by high tech residential living with modern online sophisticated security systems and intercommunication portal within the Innovia community.

Onsite Facilities:

• Tennis Courts
• Gym
• Fireplace
• Gardens
• Garaged parking
• Private pool
• Communal pools
• Storage depo
• 24 Hour Security
• Small lake
• Waterfalls
• Pedestrian paths
• Running tracks
• Bicycle lanes
• Children's playgrounds
• Amphitheatre
• Terraced cafes
• Free shuttle service inside the gated area

The project consists of seven detached apartment blocks including 1, 2 & 3 bed apartments. They will be constructed on a 61,000 m² land parcel of which 85 % will be allocated as green area.

The first phase will constitute an exclusive example of a modern contemporary Turkish residential complex in what will become one of the most impressive residential projects in Turkey and Europe.

Investors can either choose to let their property on the open market, with estimated rental yields projected to be approaching 10%, or opt for a 3 year rental guarantee, which would fix the returns at a 6% per year for the first 3 years of ownership.

Mortgages are available to foreign investors.

The Innovia project is privately funded so is not reliant on sales revenue for completion.