Boutique residence in Beykent top buy to let investmentRef: PTFS0906
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This is a boutique project of only 128 luxury apartments and 16 branded shops all located within a small complex with 75% green area allocation and an on-site lake found in Beykent, Beylikduzu. This makes it an interesting project as, unlike the high-rise buildings you find dotted around the city, this project has a small and personal touch with luxury touches found in each and every unit.
Within the project you will find superb facilities and features for residents to enjoy, including: two indoor swimming pools and children’s pool, two fully equipped fitness centres, on-site restaurant, beauty centre, members club with children’s playground, Turkish bar and sauna with steam room, covered car park with designated space for each resident, lake and recreational services, and much more.
With 75% green areas allocated for residents, you will find plenty of green areas and pathways to enjoy a lovely afternoon walk or spoil yourself with the views.
2+1 apartments starting from TRY 380,000
3+1 apartments starting from TRY 490,000
These apartments are now being built so they are brand new. You can take possession and start renting out the home once completed.
Investment strategy and payment plan
You can purchase today at pre-launch bargain prices, this means by the time you take over the apartments, and our real estate analysis suggests prices would have increased by 15% already.
In addition, you will have 24 months at 0% interest to pay. You only pay 30% after signing of the contract.
For a home of this quality and location, you are looking at around 6%pa rental yields here in the first 2 years, after that we expect rental yields to reach 7%pa by year 3 and 8%pa by year 5.
We expect a minimum 50% capital appreciation on these apartments in the first 3-4 years.
Found in Beylikduzu on the European side of the city, the surrounding areas are known as some of the most cosmopolitan and residential areas in the city. This results in plenty of local shops, amenities and good transport links to some of the most prestigious parts of Istanbul.
Beylikduzu is one of the fastest developing and growing districts in Istanbul and is a favourite for investment with projects like these proving to be a huge success in the city.
Main reasons why you should invest in this project
Beylikduzu is a very fast developing area and prices are going up very fast. In our Istanbul market analysis, this area shows strongest price growth since 2005. Generally speaking the residences are high-rise and very large projects, which some people are not always attracted to. This project is a boutique project of only 4 floors and only 128 units with 75% green area allocations for residences. This makes it extremely attractive for families and people with better taste and more discerning requirements. In turn this will mean prices will appreciate higher than Beylikduzu averages, which are already higher than most parts of Istanbul.
The project has no one-bedroom units, only two and three bedrooms and excellent family friendly facilities. This is a very important selling point. The project is ideal for professional families. This means rental market will be much stronger and steeper resulting in higher rental yields.