Istanbul New Investor Opportunity

See below for financials.

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.