TURKEY -
new investment opportunities - FROM 3000 PLN/sqm.
On the Investor Club website there is a new investment location. Five Towers is
a new apartment complex located in one of the world's largest cities - Istanbul.
The project recommended by Investor Club will be an attractively located
property aimed mainly at people looking for elegance and luxury for high-level
living. The fundamental advantage of this development is its low price per
square meter, thanks to which prices for units start at around PLN 150,000.
There are also very good forecasts for increases in property prices in the
region.
Here is why we think that Five Towers
is an attractive foreign property investment opportunity:

Turkey is a country with a population of 70 million people with very good economic and
demographic forecasts. This country spanning Europe and Asia
has very good economic and demographic forecasts and
has been qualified to the group Next 11, which after 2050 is forecast to compete with
global economic powers belonging to G7 and BRIC. Currently, the country is number
1 on the list of many British investors. We particularly recommend the
largest city in Europe, Istanbul, which is at
the same time the last city in Europe with
such low property prices.
The Turkish property market competes with others in terms of its low prices and
growth prospects. Turkey's housing deficit is approximately 4.3m units,
while half of the current stock is not fit for long-term use.
This market's investment attractiveness stems from the basic factor of the
growth prospects for the price of properties, which foreigners have been able
to buy now for a few years.
Istanbul, where the investment is
located, is the largest city in Turkey
and one of the largest cities in the world as well as being the biggest
agglomeration in Europe. Despite past
destruction, the city boasts priceless heritage sites from the Byzantine and
Ottoman periods, which attract droves of tourists every year from all parts of
the world. This brings with it a huge opportunity in terms of future rental
profits and eventually selling an apartment.
The complex is comprised of 5 soaring towers all containing
studio flats as well as 2, 3 and 4-room apartments. Large areas of retail space
have also been designed in the towers, which will be home to shops and shopping
centers. The prospect of price increases is influenced by the development's
location in one of the fastest growing areas of Istanbul, Buyukcekmece, which is a
district with a lot of business, tourism and cultural potential. The city
centre can be reached by bus or ferry and also by car. Yesilkoy Ataturk airport
is just a 30-minute drive away.
An important element increasing the attractiveness of the investment and also
affecting the surroundings are planned on-site facilities such as a swimming
pool, sauna, fitness centre, aerobics studio, basketball and tennis courts,
numerous restaurants and cafes all having a positive effect on the
attractiveness and prestige of the project, and eventually on returns from
renting and selling an apartment.
Despite the high standard of the investment, buying an apartment in Five Towers can cost as little as PLN
150,000 (depending on the value of the Euro). The reasons for this are not
just the unusually low property prices in Turkey, even around 3000 PLN/sqm.,
but also the small size of available properties. Thanks to this, investing in
an apartment in Five
Towers can be
made for quite a small amount of money.

