Commercial offer
Place of Origin: Istanbul Turkey | Real Estate Project: Real Estate |
Investment opportunity, in the most prestigious and lucrative real estate property located in the prime location of istanbul
TURKEY Real Estate – Overview
Turkey sustainable impressive economic growth
Prosperous real-estate sector with sustainable growth
supported by increasing demands for all types of real-
estate assets both by local and foreign entities
Increasing pace and volume of foreign and local
investments
Government policy to privatize state owned companies
and assets
New laws and regulations to protect ownership rights
and liberalize the markets
Strong financial sector with very successful capital
markets
Property Details
Size: 61,000m2 approx 60 hectares
Development Rights: presently 270,000m2 above ground + 2 level of retail and one level of parking under ground
Zoning: Mixed Use i.e. Retail, Offices, Luxurious Hotel and Apartments
Height limit: presently 180m
Owner:
Investment Phases
First Phase: Investor is required to provide the Foreign Investor Company with a sum of approx. $185M-$190M ($140M-$150M to be used as 10% deposit and 3% commission)
Second Phase: following winning the bid, the Foreign Investor Company will increase its capital through various restructure, rent and sale of parts of the project
For more information, please contact: