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Variously ranked between the third and the first fastest-growing world economy, Istanbul is on a high. The Turkish Statistical Authority modestly ranks it as third; other reports have it outstripping China in first place.
Either way, the Turkish capital is flying in the face of the economic downturn. In fact, no less an authority than The Financial Times rates Turkey in its top 10 investment locations.
On top of that, National Geographic described Istanbul as the 'City ofthe Future'. And who can argue? With a fantastic location straddling Europe, the Middle East and Asia and with foreign direct investment increasing by 27% this year, it's little wonder that serious investors are looking closely at Istanbul.
Turkey currently needs more than half a million new housing units a year to meet residential demand. Over half of these are needed in Istanbul, but the government admits there will still be a 70,000 shortfall this year alone.
Whenever supply cannot meet demand, the only way for your investments is up.
Where better to invest then, than the luxurious Still Comfort apartments? Designed with ease of living, investment and lifestyle quality in mind, this contemporary project of 175 stylish one, two and three-bed apartments is located in the popular area of Pendik, home of Istanbul's impressive new marina.
A well-designed project offering superb potential for returns, Still Comfort apartments are ideal for rental and offer excellent capital appreciation, too. Set to be complete by December 31st 2012, Still Comfort will become one of the most exclusive projects in the Yesilyurt area.
Apart from landscaped gardens and a state-of-the-art fitness centre, Still Comfort offers two pools – a 340m2 outdoor pool and a 72m2 indoor pool. A spa that boasts a massage and therapy centre, Turkish bath, Jacuzzi, sauna and a kids hobby club.
These apartments will be built to a high standard, with top-quality materials, fixtures and fittings. They're one of the best opportunities you'll find to capitalise on Istanbul’s significant housing deficit. The apartments even come with a credible exit strategy – the local market.
Pendik is a lively area on the banks of the Bosphorus. The new City Port marina is Istanbul's third and a huge source of investment interest. With floating pontoons and a 752 mooring capacity, it offers yacht owners a modern marina with a full range of services in a convenient and highly sought after area.
You'd expect these apartments to be pretty expensive, but you'd be wrong. Istanbul is an emerging market and just £51,743 will get you a one-bed apartment at Still Comfort.
Here's What You'll Love Most About Still Comfort:
Investing at Still Comfort is as easy as 1-2-3. This is all you have to do:
Still Comfort is an exciting development with fabulous facilities. You'll love the investment potential and rental return here. However, what you'll love most is our 'property that pays for itself' ethos. In an economy where demand is way outstripping supply, Still Comfort apartments will sell fast. Act today.
“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 program 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
“Thank you Maureen for helping me to purchase in Istanbul and Bodrum. My company is now up and running – the lawyer put everything together very quickly.”
Ahmed Abdulla, Saudi Arabia – invested in Istanbul and Bodrum, Turkey
“This is the first time that I have bought a property outside of Norway. I was a little nervous, however when I spoke with my Portfolio Consultant Darren, he explained all the things I did not understand, like military clearance, the TAPU and Dask insurance. I am now the very proud owner of a 3 Bedroom Villa in Fethiye with sea views. Thanks Darren.”
Christian Egeland, Norway – invested in Fethiye, Turkey
“I bought in Akbuk. I can see how quickly property prices are growing in Turkey, because I have been travelling there for 10 years now. I have to say that the Colordarcy experience was incredible. Right from the initial chat, then the viewing trip and through to the purchase process they made sure I was dealt with professionally. Will recommend to my friends and family.”
Elisabeth Stevens, Sweden – invested in Akbuk, 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
Move quickly to claim a slice of luxury in the heart of one of the world's most-vibrant economies.
For more information, and to receive your “FREE Still Comfort Brochure,” please Call +44 (0) 207 100 2393 or Email us Today.
Loxley McKenzie
Managing Director
P.S. Demand is outpacing supply in Istanbul. This means that these apartments will go fast. Act today to secure your investment at Still Comfort.
Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations
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