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Buying Property Abroad Thnking of buying a house in Spain or somewhere else abroad? Post about your questions, answers, and experiences here.

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  #1 (permalink)  
Old 04-06-2009, 10:34 PM
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Default Property in Istanbul Turkey - Offering 9,5% Guaranteed Rental Return

'' 9,5 % Guaranteed Rental Income Per Year Supported by Bank For 5 Years '' Starting from 65.000 Gbp For 2 Bed apartment !!
  • Located in Istanbul - accepted as second property destination of Europe for Investment after Moscow.
  • 9,5% Guaranteed Rental Income for 5 years.
  • No Management fee during rental period.
  • The developer will supply the furniture during the rental period.
  • Capital growth between 15% and 25 % Per Year.
  • In the middle of Industry area of Turkey offering very high rental yields.
  • Low price per meter square.
  • 65.000 gbp for 2 bed apartment. (around 65 sqm)
  • Onsite Shopping Center.
  • 25 minutes from City Centre.
  • 10 minutes from International Airport.
  • January 2010 completion date.
Please feel free to contact.

Best Regards

Melih
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Old 04-08-2009, 01:54 PM
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Isn't Turkey going down the tubes?
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Old 06-09-2009, 05:33 PM
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What do you mean down the tube,s it is the most popular now. We live in a complex of 34 aparts which are rented out every week for the summer months at £300 per week do you want to buy one

Hisaronu,Ovacik
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Old 06-09-2009, 10:28 PM
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Buying in Turkey can be a risk. There are numerous stories of UK prop investors left with unusable properties. Your offer sounds good but personally I just couldn't risk my money with something like this.
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Old 06-12-2009, 03:44 PM
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What do you mean you would not take a risk ?
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Old 06-12-2009, 10:02 PM
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property abroad is always more risky than property in the UK, and Turkey isn't even a member of the EU (yet) so u won't have the protection of the European Courts if something goes wrong.

but on the other hand, you sometimes have to specualte to accumulate
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Old 10-07-2009, 06:11 PM
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Why would any one want to buy abroad when now is the best time to buy in the UK?

Especially out of Europe...?
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