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.
Property for sale in ISTANBUL Turkey
Ortakent translate as 'Middle City' which is quite apt for the area, as its business centre is located inland of the Bodrum peninsula separated from its beach area which is located some 3km away through stunning areas of tangerine orchards.
Ortakent is located approximately 10km of the busy Bodrum Town just past the established village of Bitez. Many people give the area a miss as the road through gives access to the marina town of Yalikavak and the popular resort of Turgutreis.
Ortakent's beach area of Yahsi is a stunning long stretch of sand perfect for soaking up the sun's rays, and if you prefer a touch tradition and local culture, Ortakent is the perfect place for you with its picture postcard look and tranquillity.
With its tourism sector currently growing the area will one day become known for its beauty rather than a busy business district.
Real Estate in Ortakent
Property in Ortakent is ideally suited for those who wish to live in the Bodrum area on a full time basis, as Ortakent property for sale has a brilliant central location on the peninsula with all the resorts within reach in a short time, and all the amenities of the busy Bodrum town also on hand should there be something you can’t find in Ortakent.
Having said that the village is often overlooked, this doesn’t reflect in prices of accommodation for sale in Ortakent, as the area is highly sought after by wealthy overseas buyers looking to relocate to Bodrum in a more traditional area that offers stunning sea views away from the crowds of tourists.
If you are looking to buy property in Ortakent, Turkey then searching for a private villa you can expect to pay premium prices in the region of £250,000 upwards and easily reaching over a million for a luxury home near the sea. Though it is possible to find affordable apartment accommodation in Ortakent Turkey ,with prices of 2 bedroom apartments in modern complexes starting in the region of £80,000.
Turkey Homes will guide you to you ideal home in Ortakent, Bodrum, taking into consideration your lifestyle requirements and budget.