Overview
- Updated On:
- September 10, 2020
- Bedrooms
- Bathrooms
- Garages
- Size
- Year Built:
Nowadays it is hard to find a decent investment apartment in a good location, at a good price and of course with a good ROI. Well, with this resale option you have found the Buy-to-Let Istanbul Investment you have been looking for.
Çeliktepe is a part of Kagıthane, which is a sought after area of the centre of Istanbul. Please read the below information on the property and do not hesitate to contact us about distance buying and much more.
Location and features of the investment apartment
Our option is in a newly completed residence building. It is on the 14th floor with open city views. The keys are currently being delivered to the first buyers (July 2024) which means life in the building starts soon. Below are the facilities of the building.
- Enclosed car parking.
- 24/7 security and concierge.
- Activity areas.
- Easy walk to Levent Metro (15 minutes).
- Easy access to Malls like Ozdilek, Kanyon, MetroCity and Axis.
- Great connection to the Airport by car and public transportation.
- Kitchen appliances installed.
- Compact design apartment with one bedroom.
Buying terms, negotiation and investment parameters
Owner of the investment apartment is in Australia. They are free to travel to Turkey any time should you wish to purchase this apartment. First we show you the property, of course you can buy without seeing it too. Then, once you confirm your interest in this option, we take your offer to the owner. If an agreement is reached, you pay a 5% deposit and we set a date for the title deed transfer.
These units generate about $800 per month, which will give you a healthy return of 6.4% pa on the listed price. Rentals are in Turkish Lira only, however please also note that each year rent increases by around 60% in Liras.
Our advice is that you keep a record of your investment apartment’s performance in both USD and TRY.
For your questions and viewing requests please do not hesitate to call us directly on +90 530 020 5369.