SOYAK SIESTA
 
There are many reasons to choose Soyak Siesta - not least because the Soyak name is synonymous with quality having sold over 1500 properties prior to construction in Soyak's first development in Izmir, Soyak Mavisehir.
 
Soyak Mavisehir 1 was launched during the economic crisis period in the world, however despite this, approximately 750 properties in Soyak Mavisehir's Phase 1 were sold 'off-plan' in the first month following the launch. 99% of properties were sold in both Soyak Mavisehir Phase 1 &2 prior to completion - at a time when most countries were feeling the effects of the global financial crisis. All properties in Soyak Mavisehir were sold two months following completion and the owners/investors of Soyak Mavisehir are now enjoying very good rental incomes which are shown in Deloitte's Report for Soyak. In addition, Soyak Mavisehir owners/investors have significantly good capital appreciation which is again proved in Deloitte's report of 2010.
 
Soyak Siesta is being built very close to Soyak's Mavisehir development and it can be said that similar rental incomes and capital appreciation can be expected. Due to domestic demand being strong, and as a metropolitan city development, it is expected there will be a high demand for rental properties in Soyak Siesta together with high demand for resale properties - both of which are very important key factors for investors

Some of the main reasons people are buying Soyak Siesta are:
 

• 1. Location, Location, Location: 
• a. Izmir airport is only 20 minutes driving distance from the development 
• b. The new metro (which will be completed soon) is only 500 metres away from the Siesta Development 
• c. The new motorway is complete and provides easy access to every part of the City
    
• 2. Average 6% to 9% rental income can be expected - Deloitte's report shows that 6% rental income is the minimum that buyers from Soyak Projects have received in the former developments.
    
• 3. Average of 15% to 20% capital growth can be expected - Deloitte's report shows that 15% capital growth is the minimum that buyers from Soyak Projects have received in the former developments.
    
• 4. This project is in the heart of Izmir's new residential area.
    
• 5. There is a need for modern quality operated apartments in Izmir region.
    
• 6. This development is very close to the new industrial and free trade zones and many middle class people are looking to rent or buy properties in that region.
    
• 7. There are major hypermarkets in this area but a shortage of properties in the region.
    
• 8. There are more than 5 universities in the Izmir region but not enough accommodation for students on university campuses and very little good alternative accommodation for university students.
    
• 9. There are not enough hotels to provide accommodation for the business people visiting industrial and free trade zones.
    
• 10. Kayden Estates will organise all rental managements for investor buyers who are not in Turkey.
    
• 11. There is a very well organised exit strategy for investors due to high demand for resales.