Why buy property in istanbul Turkey
When considering a property purchase in the wonderful city of Istanbul, firstly you need to decide why you are buying and your budget, Is it for pure investment for capital appreciation or rental yields? or is it a lifestyle change or holiday home for you and your family?
Istanbul is like any other major city in the world, city centre and sea view properties come with a premium price tag, quite often with six-figure tags.
Scores of overseas investors have zoned in on the city over recent years purchasing properties all across the city, cashing in on both short and long term rentals. Keen-eyed investors are buying off plan properties at launch prices where property prices increase by at least 50% by the completion dates giving you guaranteed capital appreciation in very short space of time.
The are you choose is a very important factor along with your budget, home buyers with a high budget can purchase luxury Bosphorus properties, though low budget buyers should be looking in the new fashionable inner city areas of Beylikduzu, Esenyurt west of Ataturk International airport.
New traditional apartment for sale in Istanbul
The vibrant and cultural city of Istanbul has seen numerous changes over recent years and we see some of the wonderful ancient architecture closely neighboured by new modern homes, though some of the more established and rather prestigious areas do tend to offer more in the way of traditional homes, therefore a new traditional apartment in Istanbul for sale is a very rare find as they will replace the older run-down homes in these wealthier areas and are very highly sought after.
Prices for new traditional apartment in Istanbul will not be found at bargain prices when they do appear on the real estate market, as the locations of most new traditional apartment in Istanbul for sale are where you find some of the most expensive Istanbul properties, very often overlooking the shores of the Bosphorus in areas such as Tarabya, Emirgan, Istinye etc.
These high prices for new traditional apartment in Istanbul are perfect for anyone looking for an investment as they attract very wealthy tenants for very high rental yields all year-round, and tip when you seek to buy new traditional apartment in Istanbul is never compromise on the Bosphorus view if your budget can stretch that far as the income will be higher.
Contact Turkey Homes when you are looking to buy new traditional apartment in Istanbul and our friendly team will direct you to your ideal property in your desired area, offer you comprehensive advice and guide you step-by-step through every stage of the property in Turkey buying process.
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