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Advert no : 402 BAĞCILAR / İSTANBUL
A unique residential approach
320 luxury residences rise above the top 32 floors
and serve as hotel residence quarters for exceptional guests.
Managed by the experienced staff, the residences will deliver the comfort of a luxurious home along with extraordinary services and facilities of a high-end hotel.
Hotel Offers Renewable 20-year rental agreement with rent paid in US Dollars. Rent is paid quarterly (every 3 months)
Estimated minimum of 20-30% increase in property value per year (in Turkish Lira value). Not suitable for living, only 2 weeks/year stay at room allowed.
Not suitable for citizenship
Extra Costs:
• 2% Title Deed Fee • 1% KDV (VAT) • $1.000 Extra Costs (Iskan, Expert Report, UCliCes Memberships, Foreigner Title Deed Fee)
Fixed Rental Income for the First 1 Year : Net Monthly 1.960$
After the first 1 year, the rent is generated through the pool system