The Residence is situated on the European side of Istanbul and is a luxury accommodation block of 229 one and two bed 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. The residence comes with a 5 yr 7% net rental guarantee which gives you full security. The rental guarantee is bank supported and means that you can pay your finance repayments (IF required) out of your rental guarantee which in turn means after your 40% has been paid you have nothing further to pay until 2015 (if you decide not to sell). Location Istanbul is tipped as one of the most dynamic emerging property markets in Europe.
Safety Tips:
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.