Rapid growth of the city combined with a growing emerging middle class has seen demand for new homes in Istanbul reach unprecedented levels. Approximately 400,000 new inhabitants arrive each year in the city to work or study and the existing housing stock has reached capacity and demand increasingly outstrips available supply.
According to the Real Estate Investment Trust Association, it is estimated that 250,000 new homes per annum are required until at least 2015 to meet existing demand.
The investment is secured with a 3 Year 7.25% protected rental guarantee and comparable projects have demonstrated up to 30% price lift during construction.
Richmond House II provides a low entry level into one of the fastest growing cities in the world and delivers investors with a provable income stream and demonstrable exit strategy - the local market.
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Exclusive to Experience International |
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High Specification 1 and 2 bedroom penthouse suites |
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Invest from £20,680 |
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70% LTV finance available |
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3 year protected rental guarantee at 7.25% pa |
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Proven 30% Price Uplift during construction |
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Prime location in a booming Istanbul suburb |
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Full turnkey management service |
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Wealth of on-site facilities including rooftop swimming pool &on-site gymnasium |
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Established developer with substantial track record of success |
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