| Price:€60,817 £ $ |
Agent Information |
| Condition: |
Off-plan |
 |
| Property Type: |
Apartment |
| Bedrooms: |
1 |
| Bathrooms: |
1 |
| Receptions: |
1 |
| Status: |
Available |
The Right Move Abroad are marketing this apartment for sale in Turkey
Gala Town, Istanbul, Turkey
Gala Town offers 350 apartments in an excellent location on the outskirts of the much talked about investment hotspot of Istanbul. With a range of 1,2 and 3 bedroom apartments there is something for everyone, coupled with high quality facilities and a very strong rental market, it is no surprise that worldwide inv ... moreestors are snapping them up.
The apartments are spacious, some with terraces and all with a dedicated parking space a must in any city development.
10 reasons to buy in Gala Town:
1. Close proximity to both Istanbul and Kocaeli (the industrial centre of Turkey). In Kocaeli their University has in excess of 50,000 students and up to 1000 teaching staff. A second university called Sabanci University is nearby, with 3500 students and around 600 full time teaching staff.
2. The area is a regeneration zone, with a similar comparison to London Docklands about 15 years ago.
3. Free parking space per apartment
4. Price Waterhouse Coopers and Goldman Sachs have identified Istanbul as one of the property hotspots of 2008/9 with predicted capital growth of between 40% and 50%
5. Expected rental yields of up to 6.3%
6. Only five minutes from the coast of the Marmara Sea.
7. The Turkish Government claims a shortfall of approx 2 million housing units across Istanbul. Massive rental requirement.
8. Over 700,000 new residents arrive to Istanbul every year.
9. Right next to the TEM Motorway, Johns Hopkins hospital, Koc high school, Sabanci University, Kocaeli University, 25,000 sqm shopping centre. Surely will provide potential tenants or future buyers.
10. Turkeys 3rd biggest marina is soon to be built which will surely increase value of property
Location
Istanbul is not just the business capital of Turkey; it is the crossroad of different cultures and the gateway between two mighty continents. It has an enviable history that opens the doors to some of the most remarkable eras of Human civilization. Istanbul has a population of approximately 16 million and is bustling with life. Istanbul can be compared to some of the most modern cities in the world and yet, there is the right mix of traditional and modern. An upcoming real estate property market, Istanbul has everything to offer in terms of infrastructure as well as stylish and modern architectural homes.
Gala Town is located only 15km from the International Airport.
Construction Schedule
Gala Town is due for completion in April 2009.
Facilities And Maintenance
Shopping Centre
Fitness Centre
Swimming Pool
Sauna
Sports Courts
Jogging and cycling lanes
Childrens playground
24 hour security
Property Management
The developer will offer a complete property management service including:
Key holding
Cleaning
Inventory management
Rentals
About the Immediate Vicinity
Kocaeli is a province of Turkey. Its capital is Izmit, which is sometimes referred to as Kocaeli itself. The largest town in the province is now Gebze. The province is located at the easternmost end of the Marmara Sea, especially on the Bay of Izmit. The natural conditions of the Bay of Izmit lend itself to a harbour environment and many activates take place around this, including a variety of water sports.
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