Innovia Istanbul
With a population that is growing at a rate of more than 400,000 new
inhabitants each and every year, it's no wonder that investors see
Istanbul as a city with huge potential for capital growth.
The Innovia project is located on the European side of Istanbul in an
area being developed to cater for the ever growing professional Turkish
community who are looking for quality accommodation to rent as the city
centre becomes saturated and very expensive.
Just 14 km to Ataturk International airport with daily direct year
around flights from all European destinations, 20 minutes from the
city's business centre, 5km to a European Blue flag beach resort and a
new Metro extension within walking distance from the site, it is hard to
beat the location of this project.
Innovia will have the most sophisticated and up to date social
facilities which will give a positive impact to the living standards of
its residents. The social centre includes many sports facilities, a
beautiful landscape of green meadows and woods, an amphitheater, hiking,
jogging and cycling tracks accompanied by high tech residential living
with Modernonline sophisticated security systems and intercommunication
portal within the Innovia community.
Features included in the development
Tennis Courts
Gym
Fireplace
Gardens
Garaged parking
Private pool
Communal pools
Storage depo
24 Hour Security
Small lake
Waterfalls
Pedestrian paths
Running tracks
Bicycle lanes
Children's playgrounds
Amphitheatre
Terraced cafes
Free shuttle service inside the gated area
The project consists of seven detached apartment blocks including 1,
2 & 3 bed apartments. They will be constructed on a 61,000 m² land
parcel of which 85 % will be allocated as green area.
The first phase will constitute an exclusive example of a modern
contemporary Turkish residential complex in what will become one of the
most impressive residential projects in Turkey and Europe.
One and 2 bed units (39m² - 70m²) are available for £1,000 per m² ,
however when purchased before 1st September a discounted rate of £900
per m² can be offered.
Investors can either choose to let their property on the
open market, with estimated rental yields projected to be approaching
10%, or opt for a 3 year rental guarantee, which would fix the returns
at a net of 6% per year for the first 3 years of ownership.
Mortgages are available to foreign investors.
The Innovia project is privately funded so is not reliant on sales
revenue for completion.
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