The Evviva Residence is situated on the European side of Istanbul and is a luxury accommodation block of 229 one and two bedroom apartments which are perfect for the up and coming demographic of the middle class buyer in Turkey, who now have the option of raising finance which had been impossible before.

As an investor you can take advantage of the wonderful rental guarantee knowing you should have a “live” re-sale market in the future. With full facilities on site and easy access to the coast, airport and city it is the perfect location.

Location:

  • A seaside town 30km from the city centre
  • 10km from Istanbul Atatürk Airport
  • Close to the Istanbul Trade Centre
  • Located approximately 6km from the new Istanbul Exhibition and Congress Centre
  • Near five major universities
  • Has good connections to main highways
  • 5km to the Sea of Marmara coast, a European Blue Flag beach and a modern water park
  • Close to golf courses and sports clubs
  • Close to the Harbour of Kumport
  • Has good transportation connections to the city centre by bus, ferry and road
  • Has a large ‘Carrefor type' shopping centre (Haramidere) only a short distance from the development.

Reasons to Invest:

  • 60% financing available - only 40% required to invest
  • Guaranteed net rental of 7% for 5 years bank supported
  • Freehold property
  • Closed to the E-5 highway
  • Construction by a major, reputable Turkish Holding Company
  • Fully licensed and all build permits have been issued
  • Developer will manage re-sales
  • Invest in Istanbul; the city investors are choosing to do business in due to an expanding population and impressive capital growth.
  • Great Prices for state-of-the-art turn key properties
  • 50% capital growth expected
  • Changes to the mortgage laws in Turkey enable overseas investors to obtain non-status Turkish mortgages
  • There are low property transaction costs
  • Turkey has a low cost of living
  • Istanbul has been designated as the European Capital of Culture for2010
  • Istanbul is a low cost airline destination and is easily accessible by air
  • Turkey is continuing its endeavors to become part of the EU
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Facilities

  • Pool: 1
  • Health Club: yes
  • Kids Corner: yes
  • Restaurant: yes
  • Bar: yes
  • Shops: yes
  • Supermarket: yes
  • Clinic: yes
  • Security 24h: yes
  • Laundry Service: yes
  • Housekeeping: yes
  • Wifi: yes
  • View: pool, City
  • Washing Machine Installation: yes
  • AC: yes
  • Parking: yes
 

Location

  • From Airport: 10 km
  • From Station: 10 km
  • From Beach: 5 km
 

Development details

  • Currency: GBP
  • Price From: 28.000
  • Price To: 60.000
  • Property Type: studio, 1 bed, 2 bed, penthouse
  • Total Units: 229
  • Completion: 05-2011
  • Rental %: 7
  • Rental Years: 5
  • Bank Guaranteed: yes
  • Ownership: freehold
  • Finance Available: yes
  • Percentage Available: 60%
  • Management Charge: 0 per year
  • Fully Furnished: yes
  • Construction Start: 06-2009
  • Reservation Amount: £2000
  • Property % At Contract Required: 40%
 

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