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.
Traditional apartment in Istanbul for sale
Istanbul is an ancient city that shares a wonderful history with the world, with some amazing ancient architecture all around the city, with the famous Blue Mosque, Topkapi Palace, Galata Tower etc. all being famous landmarks that attract millions of tourists every year.
This history is often shown in homes too and you can buy traditional apartment in Istanbul, though these homes tend to be found in the distinguished and wealthy areas of the city, therefore prices for traditional apartment in Istanbul can be very high often reaching seven figures due to their positions, with many traditional apartment in Istanbul for sale being located on the or close to the shores of the Bosphorus in areas such as Bebek, Emirgan, Yenikoy, Tarabya etc. or in the city centre itself where again prices for traditional apartment in Istanbul area high.
Here at Turkey Homes, our Istanbul property consultants have a wealth of knowledge to offer you when looking to buy traditional apartment in Istanbul, and once we have sourced your ideal property to suit your requirements we will at your side to guide you through every aspect of the Turkey property buying process.