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 home apartment for sale in Istanbul
Across the length and breadth of Istanbul, several districts and suburbs have seen some major changes over the past few years with huge regenerations programmes bringing run down areas into the modern world which have provided many city residents with a vast range of new home apartments in Istanbul for sale.
The surge of all this development has also seen a vast number of overseas property investors flocking to the city to buy new home apartment in Istanbul, some buying several in one complex for fantastic year-round rental income from both long and short-term rentals.
Prices for new home apartment in Istanbul will vary with each area, so for those in the lower budgets you should direct your search for a new home apartment in Istanbul for sale in the newly developing areas where prices are lower than developed areas, and this will give you excellent capital appreciations once the areas become established and desirable.
Higher prices for new home apartment in Istanbul will be found in or close to the historical city centre or in the rather prestigious are of the Sariyer district, yet no matter what are you choose you can be guaranteed if earning a great rental income in the wonderful city of Istanbul.
Contact Turkey Homes when you are looking to buy new home apartment in Istanbul and our friendly Istanbul team will direct you to your ideal property in your desired area to suit your budget, offer you impartial advice and guide you step-by-step through the property buying process in Turkey.
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