No. 1 Knightsbridge Istanbul


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No. 1 Knightsbridge Istanbul

  1. 1. 7.5% GUARANTEED NET YIELDS No.1 Knightsbridge INVEST FROM £12,000 Istanbul, Turkey
  2. 2. 7.5% GUARANTEED NET YIELDS INVEST FROM £12,000 CALL +44 (0)1865 202 700 OR EMAIL INFO@PROPERTYFRONTIERS.COM An introduction Key investment data This is a unique opportunity to invest in one of the most exciting and rewarding residential markets in Europe. Available at 50% below completed prices with a Available pre-launch at 50% below prices upon completion 2-year 7.5% protected rental guarantee. Invest with as little as £12,300 In Istanbul an expanding population and rapidly rising middle class are placing current housing stock under extreme pressure. Turkey requires an estimated 500,000 new housing units per annum whilst constant migration to the largest Total Investment from £41,000 (fixed in sterling) city means 250,000 units are required in Istanbul alone. Annual housing deficit is estimated at 250,000 units p.a. No. 1 Knightsbridge presents investors with an opportunity to enter into the severely undersupplied Istanbul residential market. The Financial Times places Prices fixed in sterling – zero currency exposure Turkey as one of its top 10 investment locations and the European Union have officially announced that the country will become the fastest growing economy in Europe during 2010. 2 year 7.5% NET protected rental guarantee Teaming up with an award winning architect and local developer with a 70% LTV Mortgages Available substantial track record of success, this selection of Studio, 1, 2 and 3 bed units is available for investors at 50% below completed prices - with a 2-year 7.5% A maximum of one-fifth (20%) of the units will be sold to Overseas Investors NET protected rental guarantee. The other 80% will be sold to the local market nearer completion at a 20% price increase Time Limited Pre-Launch Opportunity After July 9th 2010 all unsold units will be subject to the full 20% price increase Very close to major transport links, employment, beaches and amenities
  3. 3. 7.5% GUARANTEED NET YIELDS INVEST FROM £12,000 CALL +44 (0)1865 202 700 OR EMAIL INFO@PROPERTYFRONTIERS.COM The Investment No. 1 Knightsbridge has been specifically selected by Property Frontiers in order to give our clients the option to invest in a On site facilities are extensive. They include an indoor swimming pool, coffee houses on the terraces with decorative Proximity to the city’s amenities, Beykent University and the E5 motorway is making the area very popular for permanent Investment highlights unique and exciting development in Istanbul. We have been pools, saunas, Turkish baths, a fitness centre, shops, and meeting residents, whether tenants, first-time buyers or established 30% Deposit, 70% LTV given access to a selection of stunning apartments in this rooms. There are extensive landscaped gardens (2000m²) and property owners. Knightsbridge No 1 is the ideal choice for unique building that will benefit from sea and city views. services include valet parking, laundry and house-keeping, a prime residential area, with great potential for growth and 2 years rental guarantee of 7.5% gated entry and on-site security. a very strong exit strategy. It is due for completion in August 15 year mortgage based on 6.15% interest Designed in contemporary style by award winning architect 2013. With this time limited pre-launch opportunity investors Metin Hepgüler, these apartments are upmarket and tastefully Knightsbridge No 1 is located at the heart of the city’s vibrant can look forward to significant capital uplift in the short term Sterling loan: no currency fluctuations or finished. They are designed to attract young professionals from cultural and social life. Yet it is also an oasis of tranquillity and a strong yield on their long term investment. exchange rates the area as well as overseas investors. in an urban setting. As a mixed use building, it will include This is a full repayment and interest mortgage commercial and office space as well as residential apartments – a city within a city, providing local employment as well as a over a 15 year term convenient and easy lifestyle for the residents.
  4. 4. 7.5% GUARANTEED NET YIELDS INVEST FROM £12,000 CALL +44 (0)1865 202 700 OR EMAIL INFO@PROPERTYFRONTIERS.COM Why Invest in Istanbul? The location Strategically placed where Europe meets Asia and East meets West, Istanbul has Knightsbridge No1 is located in Beylikdüzü, which is part of the long been seen as the powerhouse of one of the region’s largest economies. Büyükçekmece district of Istanbul. Beylikdüzü is one of the most With an estimated 18 million people living within its boundaries and an annual rapidly growing areas of the city. It combines all the advantages of population growth of 4% (some 400,000 inhabitants arrive each year), the a residential suburb, close to the beach with a convenient proximity demand for homes is at an unprecedented level. Combine this with a rapidly to the city centre. Local services are excellent, making the area emerging middle class and Istanbul presents one of the most exciting investment increasingly attractive to both local and overseas residents. Price prospects anybody could add to their portfolio. indicators for the area show a 30% growth on current projections from off-plan to completion in 18 months. At both national and regional levels, proactive and stable government continues to make great strides in upgrading the city’s infrastructure and communications. There is also an acute shortage of rental properties in the area. This year, their efforts will be rewarded as Istanbul becomes European Capital Beylikdüzü is Istanbul’s newest and fastest growing district and of Culture, placing it firmly on today’s European and global maps. The city is this is reflected in the growth of its sporting, cultural and shopping culturally diverse, with a rich artistic and architectural heritage as the former facilities. It lies between Istanbul’s main Ataturk International capital of the Ottoman Empire and the acknowledged centre of today’s Turkic Airport (15 km away) and Istanbul’s proposed third International speaking world, which extends through central Asia to the border with China. Airport at Silivri, only 10 minutes by car from Knightsbridge No 1. At the same time, it is a modern European city and a regional centre for higher education, science and medicine. The seaside resort at Büyükçekmece is five minutes away and is popular for day trips or weekend breaks. Its long, sandy beaches Economic Growth are dotted with restaurants and cafes. There are also nightclubs, No.1 For City Development Prospects* parks, a marina and a yachting club. Very Low Unemployment Knightsbridge No1 is very close to the E-5 (Bahcesehir exit), which provides primary links to the city centre and Europe. Rapidly Emerging Middle Class Staggering demand for homes European Capital of Culture 2010 Large investment in infrastructure *According to PriceWaterHouseCoopers
  5. 5. 7.5% GUARANTEED NET YIELDS INVEST FROM £12,000 CALL +44 (0)1865 202 700 OR EMAIL INFO@PROPERTYFRONTIERS.COM Next steps Financial breakdown To reserve a unit or discuss this investment in greater detail please contact Property Frontiers call 01865 202 700 email Studio 32.24 sq m Purchase Purchase Price From Purchase price (includes VAT, white goods, air con and furniture) £46,500 On Completion Deposit (30% incl. legal’s & notary costs) £15,485 Small print Mortgage (minus £2,000 res fee) £30,550 The information in this document (including but not limited to, photographs, illustrations, plans, dimensions, descriptions, tables, projections and prices) are for guidance only. While every effort has been made to offer current and accurate information, errors can occur. Property Frontiers makes no warranties or representations as to the accuracy, Closing costs £1,898 correctness, reliability or otherwise with respect to such information, and assumes no liability or responsibility for any errors or omissions in the content contained in this document. Within this document you may find links or references to third party material and third party web sites. Property Frontiers accepts no liability in respect of the Income contents of such material or sites. Property Frontiers should not be taken to be endorsing, publishing, permitting or authorising such materials or sites. Property Frontiers is not Guaranteed Income year 1 @ 7.5% (Bonded) £3,488 a party to, or responsible for, any transaction concerning goods or services available from such third party materials or web sites. Property Frontiers will revise the information; services and resources contained in this document from time to time and reserves the right to make such changes without any obligation to notify past, current or prospective Guaranteed Income year 2 @ 7.5% (Bonded) £3,488 visitors to this document. Mortgage per annum** £2,365 The content relating to the past and/or current performance of an investment is not necessarily a guide to its performance in the future. The value of investments or income Annual Surplus p.a.*** years 1 & 2 £1,123 from them may go down as well as up. Prices quoted may be based on a conversion rate when the document was created and may vary. This is not a regulated investment for Projected Income year 3 onwards (before inflation) £4,650 the purpose of the UK FSMA (2000) however as a founding member Property Frontiers Ltd adhere to and follow the Code of Conduct of the Association of International Property Professionals (AIPP). Annual surplus*** year 3 onwards £2,285 The information contained in this document should not be construed as financial, tax, legal or any other professional advice or service. You are advised to consult a financial and/ ** 20 Year repayment mortgage at 4.58% (15 year term common, max age 70) or legal professional advisor from suitably regulated sources. *** All costs paid by tenant (mgt fee, service charge etc.) Except where noted otherwise, all material in this document is Copyright © 2010 Property Frontiers. All rights reserved. Without the prior written consent of Property Frontiers, no permission is granted to copy, distribute, modify, post or frame any text, graphics, or logos. THE PROPERTY MISDESCRIPTIONS ACT 1991 The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.