Development Features:

Development Description:

722 apartment gated community in Istanbul with a lake view.

Elitkent consists of a 722 apartment gated community. 130,000 m2 of construction is being put up on a 34,000 sqm plot of land in one of the most prestigious suburbs of Istanbul.

As other well known major residential projects have already been completed or are currently being built by state owned institutions in the same area it means that the infrastructure has already been finished and proximity to the airport and to the major motorways makes this area unique.

This is an excellent investment opportunity in a highly dynamic city in which property and rental prices are increasing dramatically. International companies, who have already bought apartments with up to four bedrooms in this complex, understand that their staff will live in a safe, upmarket environment and that the initial costs of purchases will offer excellent profit returns as and when they choose to sell on their properties in the future. Private investors can likewise be assured that to own a property here is an excellent, safe and very secure investment for the future. Elitkent is due for completion in September 2007.

Facilities
The amenities at Elitkent will include a lake view as well as:

• Shopping centre
• Two indoor and two outdoor swimming pools
• A wide array of other sports and social facilities designed to fully meet all the requirements of the residents.

Construction Timeline
Expected completion 31st September 2007

Mortgages
Mortgages of 80% LTV are also available for this development. Please speak to a member of our staff and we can provide full assistance.

Area Information:

Istanbul is the only city in the world to straddle two continents. Once capital of the Ottoman Empire, Istanbul still remains the commercial, historical and cultural pulse of Turkey, and its beauty lies in its ability to embrace its contradictions. Ancient and modern, religious and secular, Asia and Europe all co-exist here.

In Istanbul, there is a modern, lively ambience of contemporary society living alongside tradition, where art and music can be enjoyed whether it belongs to today or yesteryear.

As Turkey’s cultural and financial centre, Istanbul houses the headquarters of multinational companies foreign and local banks as well as liaison offices of international companies operating in Turkey.

Surrounded by four different seas, Turkey is a beach paradise with over 8000 km of sunny strips of sand. Home to more than 20 different fascinating civilizations, Turkey has a 10,000 year-old heritage, much of which is still being uncovered. Its rich history is very much part of the present, with temples, ancient theatres, churches, mosques, tombs, statues of gods, palaces and fortresses, and of course the many detailed and fascinating museums which bring the past to life.