Overseas Property That Pays For Itself

Eden Istanbul

Istanbul, Turkey

  • Priced at £166,136 / $276,250

  • 5 Year Rental Assurance
  • Inclusive Management
  • Key Ready: Move In Today

Amenities:

  • Internet

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A Five-Year Rental Assurance In the Trafalgar Square Of Booming Istanbul

But We’ll Forgive You If You Move Right In

Property consultancy, Knight Frank, are just one of many observers looking closely at the Turkish market. Their latest global house price index shows that Turkey’s property prices increased on average 11.5% between Q3 2011 and Q3 2012. They, like many others, are confident that this will be among the hottest property markets in the world in 2013.

Five-Year Rental Assurance

So if you could find an investment in Istanbul that offered an astonishing five-year rental assurancein the equivalent of Trafalgar Square, you’d be in paradise, right?

The aptly named Eden Istanbul offers just that – but much more, too. Located in the heart of Cihangir, close to Taksim Square, Eden is a 70-sqm, stylish, comfortable one-bed apartment that sleeps four and comes with FREE furniture.

Ceilings are high and the excellent garden is child-friendly. Flooring is a mix of ceramic tiles, marble and wood. The living room is large and bright with a door onto the garden. There’s an open kitchen and a large, well-designed bathroom.

Major Transport Links

Eden sits close to major transport links and excellent restaurants, nightlife and shopping. Art galleries, antique shops and trendy cafes and restaurants abound.
So, with capital growth in Istanbul estimated to rise by around 20% year on year and a 50% of net income rent assurance, you’ll be wanting to rent out this apartment pretty swiftly.

But when you see the buzz of Taksim Square and the clean lines of Eden Istanbul, we’ll understand if you want to move right in. If you don’t, then we have included 4 weeks’ usage for those little shopping or business trips to Istanbul.

Here’s What You’ll Love Most About Eden Istanbul

  • Priced At £166,136 / $276,250
  • 5-Year Rental Assurance
  • Key-Ready: Move In Today
  • Top Location: Taksim Square
  • Istanbul Predicted To Be 2013’s Property Hotspot
  • 4 Weeks’ Personal Usage
  • No Capital Gains Liability After 5 Years
  • Estimated Capital Growth Of 20% A Year
  • No Finder’s Fee Guarantee 

How Does The 5-Year Rental Assurance Work?

The 5-year rental assurance is simple. Eden Istanbul is already one of the most highly sought after holiday rental apartments in Istanbul. Therefore, we have full details of what income the apartments are earning and from this we are able to make solid projections.

We are so confident of our projections, we are providing you with a minimum 50% of net income rental assurance. Now, if Eden Istanbul achieves or exceeds the projected income, you will benefit from a higher net return, however for your piece of mind - the worst-case scenario is that you are guaranteed to receive 50% of the net income projected.

Below you will see breakdown of returns you can expect to receive:

Purchase Price$276,250
Year 2013 2014 2015 2016 2017
Average Nightly Rate $104 $109 $114 $117 $120
Rate Increase   5% 4% 3% 3%
Personal Usage  (Days) 30 30 30 30 30
Occupancy 70% 71% 72% 73% 74%
Gross Room Revenue $24,388 $25,973 $27,393 $28,606 $29,868
Management (34%) $8,292 $8,831 $9,313 $9,726 $10,155
Property Tax $130 $137 $142 $146 $151
Insurance $130 $137 $142 $146 $151
Net Income $15,836 $16,869 $17,795 $18,588 $19,412
Minimum Rental Assurance At 50%
(Cash In Your Pocket)
$7,918 $8,435 $8,898 $9,294 $9,706
Net Yield 5.7% 6.1% 6.4% 6.7% 7.0%
Average Yield 6.4%

What If I Do Not Want To Rent Out My Eden Istanbul Apartment

If you do not want to rent Eden Istanbul or if you want to rent it without the 5-year rental assurance, enabling you, your family and friends to benefit from more personal usage, this is perfectly acceptable. We are more than happy to have a tailored management agreement with you to look after your investment.

Estimated Capital Growth Projections

Estimated capital growth projection for a $276,000 apartment at Eden Istanbul.

Property Market Cycles

Timing your entry and exit in a property market is a key element in becoming a successful investor. The diagram below shows a typical property market cycle.

The eagle-eyed property investor should invest at the end of a recession, the bottom, or the recovery stage, whilst looking to realise profits by selling or by releasing equity during the expansion and peak stages.

Many experts have now concluded that Turkey’s Real Estate market is at the beginning of a new expansion stage.

Simple Purchase Process

Investing at Eden Istanbul is as easy as 1-2-3. This is all you have to do:

  • £5,000 / $10,000 Reservation Deposit
  • 100% On Completion

Testimonials

“My wife and I are looking to build a portfolio of city centre apartments in top cities around the world. We missed out on London and NYC, but we see Istanbul as the next big thing. Thank you for assisting us with our first Istanbul buy-to-let investment. Your all round service, legal and management programme is excellent.”

Patrick and Lorna Saunders, United Kingdom – invested in Istanbul, Turkey

“I am an experienced investor who has bought 40 properties over the last 15 years. I can say that all the fundamentals in Turkey look very strong. This is my fourth purchase with Colordarcy in the last 2 years. I have been well looked after, I now only use Colordarcy to buy my properties for me. Nothing is ever too much for them and they actually go and see the property they are selling which my previous company did not do.”

Mohammed Al Futaim, Dubai – invested in Istanbul, Turkey

“I bought Istanbul property because this will be a very big opportunity for me to establish a portfolio of properties. I believe I will make big growth within 5 years.”

Ismail Salem, Jordan – invested in Istanbul, Turkey

“I have invested with Colordarcy for a few years now and have bought several properties from them in different countries. Turkey is now my next big adventure as I can see that there is 500,000 housing deficit and no one can build that fast to make up this deficit, so demand will be stronger than supply and usually brings big capital growth. Thank you.”

Andrey Orlov, Russia – invested in Istanbul, Turkey

No Finder’s Fee Guarantee

You can be rest assured that when you purchase a property from Colordarcy, we will not add on a finder’s fee.

The developer/seller is responsible for our remuneration – not you.

We Cover All Angles

We are a full service company and, as such, we make it easy for you to purchase at Eden Istanbul. Below you will find a list of some of the services you can expect when you purchase a property from Colordarcy.

We process all relevant paperwork
We open your international bank account
We apply for non-resident tax numbers
We manage the property on your behalf
We find you reliable tenants
We provide property maintenance and refurbishment services
We provide currency management services – to ensure you obtain the best rates
We introduce you to taxation specialist that can advise on your specific tax situation
We provide Aftercare services from our UK client management contact centre
We provide Before and Aftercare.

No other Turkey property investment specialist provides such a comprehensive service.

Don’t Think About It For Too Long

Istanbul is massively short on housing, so smart apartments like this one don’t hang around forever. Move quickly to secure your furnished, city centre Istanbul investment.

For more information, and to receive your FREE "Eden Istanbul Brochure," please Call +44 (0) 207 100 2393 or Email us Today.

Loxley McKenzie
Managing Director

P.S.  Istanbul is booming and this apartment won’t be around for long at this price. Be sure to move quickly.

Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations