Astrum Tower - 2 Bedroom Apartment
Astrum Towers is located in Büyükçekmece district, a regeneration area on the outskirts of Istanbul. With three phases totalling 3500 units, it offers a wide range of investment opportunities. Büyükçekmece is a busy town on the Sea of Marmara in the European part of greater Istanbul. It has good bus and ferry connections to the city centre some 30km away, and is close to Istanbul airport. The districts economy is growing rapidly, and the infrastructure is developing at a similar pace. There are 4 universities nearby and Büyükçekmece has an established reputation as an important venue for trade fairs. Local residents work mainly in manufacturing and the service sector.
Haramidere and Beylikdüzü
These areas have grown thanks to their proximity to key transport arteries and the Tüyap Exhibition and Congress Centre. The area comprises a mix of small scale industrial zones, factories, hotels and shopping centres. Kumport, the major commercial harbour of the European sector is nearby. The developer chose this location with care. It has excellent transport links and a burgeoning workforce that represents a growing demand for good quality accommodation.
Reflecting the developers commitment to quality, the Astrum Towers apartments will be finished to a high standard.
• Apartments have natural gas central heating
• Living rooms feature laminate parquet floors;other rooms are carpeted
• Kitchens feature built-in oven and extractor. Cabinets have either laminate or melamine finish with laminate countertops
• Bathrooms feature ceramic-tiled walls and floors and contain a full range of fittings including heated towel rail, shelf and mirror.
Facilities
• 330 sqm outdoor swimming pool
• Two saunas
• Café
• 350 sqm fitness centre
• 650 sqm basketball court
• 150 sqm aerobics studio
• Restaurant
• Outdoor and covered parking
• Secure development
Astrum Towers is located on the Esenyurt-Ambarlilink road. The development is being constructed in three phases with 1285 apartments in each, culminating in a fully managed complex.
Management and rental
Astrum Towers will be a fully managed development. The developer will be working with an international management company and local partners to ensure the common areas and communal facilities are kept in good order. They will provide both management and rental services to ensure you are maximising your rental potential. If the rental service is required, a rental agreement will be put in place on your behalf with the management company deducting a percentage of the rental as their fee.
Tax
Current legislation states that property can be sold free of capital gains tax after four years. Turkey and
the UK have a bilateral agreement to avoid double taxation. Tax on Turkish property is payable to the
Turkish tax authorities as the relevant law requires. Stamp duty is currently 3 per cent. Buyers are also subject
to personal income tax, based on rental income and capital gains.
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