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.
Penthouse for sale in ISTANBUL
Penthouse in Istanbul, Turkey for Sale
If you are looking to buy penthouse in Istanbul Turkey then you are mostly looking for a great view, whether it be across the Bosphorus or the Marmara Sea, or stunning views of the city’s stunning nightlights. Whatever view you are seeking you can expect prices for penthouse in Istanbul, Turkey to be amongst the highest in any area of Istanbul.
Modern city centre penthouse in Istanbul, Turkey for sale in areas such as Sisli and Levent will set you back at the least close to a million pounds or considerably higher depending on the location and of course the view.
More traditional penthouse property in the likes of Bebek, Besiktas and Emirgan etc, often offer panoramic views over the Bosphorus and again you will be looking in excess of a seven-figure number in any currency for these views.
More affordable prices for penthouse in Istanbul, Turkey are found in the outer city suburbs such as Bahcesehir, Bahcelievler, Esenyurt, Beylikduzu etc, most offering great views over the city, and some lucky enough to boast distant sea views or stunning views over the lakes of Kucukcekmece or Buyukcekmece, with some enjoying spacious rooftop garden terraces.
The dedicated team of advisors at Turkey Homes will assist you in your search when looking to buy penthouse in Istanbul, Turkey, answering all your questions and guiding you through the full Turkey property buying process and all of the legal elements involved.
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Istanbul European , Istanbul 4 3
Istanbul European , Istanbul 3 2
Istanbul City Centre , Istanbul 4 2