Nuri Ziya Lofts

For visitors interested in staying in a fully-furnished apartment in Istanbul after March 1st, Nuri Ziya Lofts is about to be offered by the leading Istanbul serviced apartment management company, IPS.

Nuri Ziya Lofts, developed by Taurus and managed by IPS, is designed  to represent IPS’ commitment to hygiene, safety and hi-tech equipment in the living spaces they provide.

Brand new apartments will be available for weekly and monthly rentals starting March 1st, 2009. The interior of the apartments are designed mostly in white to show the level of commitment to hygiene and all apartments are equipped with hi-tech equipment.

The use of white is also intended to provide a background for artwork that is planned to be exhibited inside the building and apartments.

Fully furnished studio apartments starting from 35 square meters to duplexes of approximately 135 square meters are all available for rent.

This is a first time opportunity for visitors to secure their rentals at this unique property. You can reserve your space through apartments.com.tr even before the marketing activities for the apartments have been made public at anywhere else. Should you plan visiting Istanbul anytime soon, contact info@apartments.com.tr for inquiries, pricing information and to secure your booking.

Press Release

Istanbul - January 2, 2009 – IPS, a leading Istanbul based residential property management firm, announced today the unveiling of Nuri Ziya Lofts, a serviced apartment building located in Galatasaray region of Beyoglu. Nuri Ziya Lofts, comprising of 18 residential and 1 commercial units, will start accepting tenants by March 1st, 2009.

The apartments are individually offered to interested investors for sale with an estimated rental return of 10% per year when compared to similar establishments in the region. The apartments come fully furnished and with a full-management package that enables the investors to enjoy higher returns while not having to get involved in the day-to-day operations.

"Increasingly travelers to Istanbul and around the world are seeing great advantages in fully-serviced apartment living, and are hence demanding more than just a hotel room. At very reasonable prices, they are able to get spacious and flexible accommodation options. Although we sold some of the units pre-launch, we will start offering more units for sale after January 5th and it is an excellent opportunity for investors looking for higher returns and great capital gain potential." said Hakan Ozcan, the director of Business Development at IPS Management.

Ozcan also added "Nuri Ziya Lofts will echo IPS’s core philosophy of providing superior location, personalized service and luxury experiences. It is designed for both corporate and leisure travelers who are planning on short to extended stays in Istanbul. To that extent, the apartments are totally fitted and furnished with a full-house of top-of-the-range kitchen appliances and well-apportioned living and dining areas. The interior of the apartments are designed to represent our commitment to hygiene, safety and hi-tech equipment in the living spaces we provide."

Nuri Ziya Lofts, developed by Taurus of Galata investment firm is the first property in a series of multiple serviced apartment projects to be launched by IPS. 4 more projects are set to follow before the end of 2009.

Enhancing the appeal of the location, Nuri Ziya is only a stone's throw away from Istanbul’s key business and leisure districts. Taksim, Istiklal Street, Beyoglu, Karakoy are easily accessible, and Nisantasi, the city's most sought-after lifestyle district is also within walking distance.

Nuri Ziya Street offers a unique blend of tranquility and proximity to the city’s most lively pedestrian area. Prominent neighbors include the French Residence of the French Consulate, the Galatasaray Highschool, the Free Mason’s Lodge and Koc University’s Anatolian Studies Institute.

About IPS:

IPS, Investor Property Services, is an Istanbul based property management company that provides a range of investment properties for sale and after-sales services for individual and institutional investors. For additional information, please contact Investor Property Services at 90(212)250-3980 or visit our website at http://www.ips-management.com/

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