Sunday, 3 May 2009
Istanbul Investment Opportunity with rental guarantee at 7% pa for 5 years
Istanbul - 5 year rental return at 7% plus capital appreciation in top 5 city to invest in.Apartment prices from £41,800
Deposit of 40%, no further payments until completion
Completion October 2010
Option of 60% mortgage, interest only or capital and repayment
Bank supported 5 year rental guarantee at 7% per annum
No capital gains tax payable in Turkey on properties held over 5 years
The Return
The following examples assume that the rental guarantee will cover the mortgage payment, and that the mortgage is interest only.
Apartment Value £60,000
Deposit Required £24,000
If property prices rise at just 5% per annum, the apartment would be worth £76,500 after 5 years, giving a profit of £16,500. This equates to a return on investment of 69%.
If property prices rise at 10% per annum, the apartment would be worth £96,600 after 5 years, giving a profit of £36,600. This equates to a return on investment of 152%.
Should property prices in Istanbul double in the 5 years following completion, the apartment would be worth £120,000, giving a profit of £60,000. This equates to a return on investment of 250%.
Contact Specials@girasolhomes.co.uk for full PDF presentations.
Friday, 23 January 2009
An article in the Hurriyet Daily News states that "the golden years of real estate for Turkey and in-particular Istanbul are coming back" and a boom will start in 2010.
It also states that "Turkish Real Estate has become easier to purchase and the introduction and development of new "satellite districts" is the future residential heartlands of Istanbul." The article goes on to say "In addition to the attractive purchase prices of property in Istanbul comes the higher rental rates."
With low prices, good rental returns and great potential future growth now is the time to buy. At Girasol Homes we have a fabulous investment opportunity with a 5 year rental guarantee at 9.5%. When you add in capital growth then the potential return could be in excess of 15% or 20% per year.
If you would like more information about our Istanbul investment opportunities then please contact Nigel on the details below.
It also states that "Turkish Real Estate has become easier to purchase and the introduction and development of new "satellite districts" is the future residential heartlands of Istanbul." The article goes on to say "In addition to the attractive purchase prices of property in Istanbul comes the higher rental rates."
With low prices, good rental returns and great potential future growth now is the time to buy. At Girasol Homes we have a fabulous investment opportunity with a 5 year rental guarantee at 9.5%. When you add in capital growth then the potential return could be in excess of 15% or 20% per year.
If you would like more information about our Istanbul investment opportunities then please contact Nigel on the details below.
Girasol Homes Istanbul
44 1974 299055
email istanbul@girasolhomes.co.uk
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