International real estate portal Homesgofast.com is promoting studios and apartments aimed at IstanbulUniversity students. The portal which has been online since 2003 believe this to be the first time they have seen buy to let apartments aimed at international investors which serve Turkish universities
According to the Homesgofast.com Istanbul is a favoured city whilst other European markets battle with deficit issues. A report by PricewaterhouseCoopers and the Urban Land Institute also concludes that out of a total of 27 cities in Europe, Istanbul has been ranked 5th in the ââ¬ËNew Property Acquisitions listââ¬â¢ and 7th in ââ¬ËCity Investment Prospects. The biggest city in Turkey is favoured by real estate investors for its development potential and positive long term prospects.
The Turkish economy grew at an annual rate of 5.5 percent in the third quarter of last year as record-low interest rates boosted consumer spending and investment. The buoyant economy offers prospects of rising rents and property values, contrasting with a sluggish outlook for Europe”s economies as governments slash spending to reduce debt.
The portal is promoting fully furnished studios from ã25,700 located in a prestigious development, international real estate receive a valuable 2 year rental guarantees, 6% PA for studios and 7% PA for 1 bedroom apartments.
Situated in Esenyurt, Istanbul just 5 minutes from the exclusive area of Bahcesehir with open parkland and large expensive developments. The University apartments are extremely well positioned for both BahcesheirUniversity and the state owned university of Istanbul which attracts 38,000 students alone.
IstanbulUniversity, as one of the oldest educational institutions in the world with educational facilities on the site in the 16th century and is well respected institution
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