Very good investment opportunity in largest Turkish Town - My Overseas Property

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Property for sale information

Very good investment opportunity in largest Turkish Town

Price:	€ 53,500 Mortgage & ROI calculators »
Type:	Apartment
Country:	Turkey Istanbul

Reference nr: NHIT-I-01

Description:

This development comprises 1285 one, two and three bedroom apartments on a 103,000 m2 site with swimming pool, basket ball court, optional allocated parking and many other amenities. Two more phases of similar size will follow.

The seaside town of Büyükçekmece lies in the European part of the conurbation surrounding Istanbul, and is connected to the city approximately 30 km away by bus and ferry services.

Several shopping centre's and retail outlets are located close to the development.

There are three universities and Büyükçekmece is also an important venue for trade fairs.

Residents work in the service sector or manufacturing industry and Kumport, the major commercial harbour of the European side, is located close to Beylikdüzü.

Bedrooms:	Bathrooms:	Price (€):
1	1	53,500

Features:
Beach
City
Golf
Private Swimming Pool
Spa

Submission Date:
01-08-2009

Advertiser Details:

Name:
Ian Matcham

Company:
New Home in Turkey

Phone:
00 90 242 528 76 41
Fax:
00 90 242 528 32 99
Mobile:
0 845 249 5005

Property Photo Gallery

property photo

Calculators

Property price: €53,500

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