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Property for sale information

 
Gala Town  
Price: from € 86,953
Mortgage & ROI calculators »
Type: Apartment
Country: Turkey


Istanbul


Reference nr: LS148034
Description:

Exciting New Concept Development
Luxury Apartments
On-site Shopping and Entertainment
Prices to suit every budget
Mortgages Available
Rental Opportunities

We are delighted to introduce this luxury development of 1,2 & 3 Bedroom apartments in Bayramoglu, just outside Istanbul.



Gala Town was designed by Adrian Kazmaoglu, one of Turkey’s most outstanding architects. The development comprises stylish residential apartments in a variety of sizes, with contemporary design and high quality finish.



The complex also features



shopping and entertainment centre
fitness centre
swimming pool
sauna
basketball court
jogging lanes, bicycle lanes and sitting areas
children’s playground
Indoor parking space for each unit
24 security service


Gala Town is only 40km from Istanbul, with very close links to the motorway, Sabiha Gokcen International Airport, and is within close proximity to schools, hospitals and public transport. The town of Bayramoglu is fast developing. Istanbuls 3rd largest Marina is soon to be built here and Marmary Line, the high speed rail system is planned to be operational in the near future. This is expected to raise Gala Town’s value even higher and increase rental oppotunites.

Excellent rental opportunities and property management. Further information available

Options to buy in Euros or US Dollars, giving the best deals to buyers. Further information available.

Bedrooms: Bathrooms: Price (€):
2 1 86,953
3 1 128,517
Features:
City
Furnished
Submission Date:
05-12-2008
Last Update:
10-21-2008
Advertiser Details:


Name:
Linda Smith

Company:
Foreign Property Investment

Phone:
0143 19795
Fax:
0044 141 773 6264
Mobile:

 
Property Photo Gallery

 

Gala Town

Gala Town

property photo
 
Calculators

 
Property price: €86,953
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations