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.
Prestigious penthouse in Istanbul for sale
Istanbul has many prestigious areas which all attract the wealthy citizens of the city, and most of these areas are located along the stunning shores of the Bosphorus.
If you are looking to buy prestigious penthouse in Istanbul you will need a rather high budget as prices for prestigious penthouse in Istanbul are amongst the highest in the city, as not only are they located in these distinguished wealthy areas most prestigious penthouse in Istanbul for sale also offer panoramic views over the Bosphorus, therefore, the prices for prestigious penthouse in Istanbul are almost always in the seven-figure prices bracket of any currency.
If you take a step back from the shoreline you may find prestigious penthouse in Istanbul for sale at lower prices, however, you can still expect to pay close to the seven figures as any prestigious address in any area of the world will never come at bargain prices.
Contact Turkey Homes when looking to buy prestigious penthouse in Istanbul and our dedicated team of property consultants will offer you impartial advice, direct you to that prestigious address that you seek and be with you throughout the Turkey property buying process.