Property in Life Studio

Turkey Life Studio|Istanbul |Turkey

Property in Life StudioProperty in Life Studio
 
Property in Life StudioProperty in Life Studio
 
Property in Life StudioProperty in Life Studio
Property in Life Studio

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Life Studio Quickspec
Development name
Life Studio, Istanbul, Turkey
Type
City
Starting Price
£52,730 Convert This Currency
Status
Under construction
Planned Completion Date
October 2009
Features
Excellent finance packages available
Predicted growth of up to 40%
Massive rental potential due to demand exceeding supply in the area
 

 
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Life Studio

Life Studio is a stunning development close to the heart of Istanbul – one of the most talked about investment hotspots across the globe.

This development has been designed in order to create a high class residence with affordable living, generating impressive returns for the initial investor.

The first phase of Life Studio is made up of 2 tower blocks of 10 floors, each block with a mix of 1 and 2 bedroom apartments. This is to meet the massive shortfall of accommodation in the City. Each apartment is accompanied by a free parking space – a must for City investments.

There is a young and educated population in Turkey which is the main target of this project. There is a big emphasis on common areas and social facilities ensuring that occupants will have sufficient space for leisure, sports, other activities, and shopping.

The development is located in a prime position to offer great rental yields and is being constructed by a developer with a strong reputation, providing investors with the added security of knowing that their money is invested in a solid project.

Top Reasons to Invest in Life Studio:

• Ideal for business rentals
• Istanbul currently experiencing an economic boom
• Close to various shopping centres and retail outlets
• Sea-side town location within Istanbul city
• Extremely attractive prices
• Mortgages available
• The growing population and trend towards urbanisation in Turkey will create a shortage of around 5.5 million homes over the next eight years

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.

Life Studio is located in Beylikduzu, Istanbul; it is close to the Ataturk International Airport and major highways giving excellent access both locally and nationally.

Click here to see an aerial view of the development.

Construction Schedule

Life Studio is scheduled for completion during October 2009.

Facilities And Maintenance

• Swimming Pool
• Fitness Gym
• Tennis Courts
• Restaurant
• Concierge Service
• Bar
• Central satellite system
• Utility smart card system

Maintenance is charged at 100 Turkish Lira per month.

Payment Terms

The Right Move Abroad have a refundable reservation fee policy which enables you to hold an apartment for up to 28 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. The reservation fee is only refundable if the client views the property for sale in the development with The Right Move Abroad within the 28 day period. Only 10% of your reservation fee is retained by The Right Move Abroad as an administration charge. We will accept verbal reservations which are valid for 72 hours. The refundable reservation fee is £2,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 28 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.

40% on signing the purchase contract (less the reservation fee).

20% 3 months after signing the contract.

15% 6 months after signing the contract.

15% 12 months after signing the contract.

10% on delivery.

Property Management

A complete property management service is available through Coldwell Banker, a very reputable property management company, including:

• Key holding
• Cleaning
• Inventory management
• Rental

Further details available upon request.

About the Immediate Vicinity

The nearby seaside area of Bόyόkηekmece is very popular with locals and is a favourite day trip and weekend break location for families, with its lively seafront, tea gardens and relaxed atmosphere.

The Atirus Shopping Centre is also a popular destination, particularly at the weekends. In contrast, the centre of Istanbul with its bustling markets, colourful shops and memorable historical sites, is only minutes away.

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