Istanbul has emerged as an international investment hotspot, with a 27% rise in foreign investment in 2011. The successful tourism industry and financial and banking sectors has drawn an increasing number of people to the city for business and leisure, to work and live, making Istanbul Europe’s fastest growing city.
This has led to a shortage of good accommodation and massive demand for homes and apartments in Istanbul and therefore and increase in Istanbul property investment opportunities. This is why Experience International has just launched Richmond House 2 to the international investor audience.
Over the past few Istanbul has become an international investment hotspot, experiencing a 27% increase in foreign investment this year according to the city’s chamber of commerce. Turkey’s successful financial and banking sectors, as well as its growing tourism industry, have led to a surge in investment in apartments in Istanbul.
Istanbul’s quick growth, combined with an increasing middle class, has seen current demand for new homes in the city reach unprecedented levels. According to the Real Estate Investment Trust Association, it is calculated that 250,000 new homes per annum are required until at least 2015 to meet current demand.
The success of Istanbul’s property market is a simple matter of ‘supply and demand’. Europe’s quickest growing city has seen rapid growth -some 400,000 new people arrive each year to study or work and now the current housing supply has arrive at capacity with demand increasingly surpassing the current supply.
Experience International has just released an exclusive new development, Richmond House II, luxury apartments in Istanbul. The company is the only agent who can exclusively offer 18 luxury penthouse suites in the development to investors.
Built to meet the requirements of the growing discerning rental market in Istanbul, Richmond House II is a brand new development located in one of Istanbul’s most up and coming districts.
“Richmond House II offers a low entry level into one of the quickest growing cities in the world and provides investors with a provable income stream and demonstrable exit strategy – the local market,” Steve Worboys, MD of Experience International states. “We’re pleased to exclusively offer 18 luxury apartments in Istanbul to our clients, offering high rental returns and strong capital appreciation.”
Integrating cutting-edge architectural design and modern interiors, Richmond House II will feature a selection of studio, 1 and 2 bedroom apartments with first class facilities all set within a private gated community including roof top swimming pool.
Pre launch prices for a 1 bedroom penthouse suite located on the 14th floor start as low as £56,000 allowing clients to invest from £20,680 based on 30% deposit and legal fees to exchange. This Istanbul property investment is packaged to be very attractive with 70% loan to value finance available for the balance due on completion.
The Istanbul apartments come with a 7.25% three year protected rental guarantee and similar developments have demonstrated up to 30% price lift over the build.
For additional information about apartments in Istanbul or a range of Istanbul investment property ask Experience International on 0207 321 5858 or visit www.apartmentsinistanbul.org/exclusive.html
Filed under london travel services by on Oct 15th, 2011.
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Filed under london travel services by on Sep 11th, 2011.

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