A few words from Iain Maitland:
"Dear IPA Friend,
Whenever we’ve introduced property in Turkey to members, we’ve always had a bumper response and it almost always breaks down into two, roughly equal groups…
The first group asks, “Tell me more!”
The second group shouts, “What about Istanbul?”
So I’ve spent the past six months looking at deals in Istanbul and today – at last, long, long last - I’ve got something which I am very happy to introduce to you.
We’ve eight apartments in a block of 33 which stack up really well for investors.
Prices are from just £35,000 for a fully fitted out and furnished apartment.
Capital growth is expected to be between 15 and 25 per cent per annum.
Completion is in December 2011 – so plenty of time for growth!
Rental guarantees – sensible ones – are in place at 7.5 per cent for first two years.
I’d expect the actual rents to generate between 7.5 and 10 per cent.
70 per cent mortgages are available (subject to status, such as £1,000 net income per month).
There’s a full-time English team on the ground in Istanbul.
Now I’ve a pack which I can send you but it’s a bit too big to attach via my usual server. If you’re interested, please email me back and I will then get that off to you via my AOL address first thing Monday morning.
And, if you give me a phone number and a time to call, we can then take things from there.
Start by emailing me back, please…
With Good Wishes
Iain
Iain Maitland
International Property Alerts
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Monday, 26 April 2010
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