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.
Hotel for sale in ISTANBUL
Looking to buy hotel in Istanbul, Turkey takes a lot of research, however, it doesn’t necessarily need a huge budget though prices for hotel in Istanbul, Turkey can quite easily stretch into the multi-million pounds bracket for high budget business investment in Turkey.
Hotel in Istanbul, Turkey for sale are more desirable in the cultural city centre around the areas of Sultanahmet and Taksim which are the tourist hotspots of the city, often with a choice of smaller boutique style hotels through to larger hotels with a high number of rooms and elaborate dining facilities etc. These areas will offer the highest prices for hotel in Istanbul, Turkey, with lower prices being in the more outer city suburbs.
When looking to buy hotel in Istanbul, Turkey, it should be noted that more often than not, current hotel owners will require a letter of intent to buy and proof of funds, before committing to issuing any confidential business information of facts and figures to prospective buyers.
Due to current demand in hotel rooms in Istanbul and especially looking at various online sites such as Booking.com, Trip Advisor, etc is important to select the right location, complete full-scale analysis of advanced bookings, room rates, and services is always the major driving force when it comes to getting an estimated price analysis on hotels for sale in Istanbul.
At Turkey Homes, we tend to display very few Istanbul Hotel for sale in our listings. The reasons for this is due to most successful Istanbul hoteliers and management companies refusing to have their establishments published purely for the privacy reasons and competition effect. They will be willing liaise with our local Istanbul Turkey Homes offices for any pre-arranged viewing tour. All viewings has to be arranged strictly via appointment only. Therefore please note, subject to the investment level of our clientele we will always be in a position to source suitable Istanbul hotel for sale options and ideally we will share the information on a private document with you
Here at Turkey Homes our professional team of property investment consultants will guide you with comprehensive advice through to finding your ideal hotel investment in Istanbul or any other area of Turkey.
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Istanbul City Centre , Istanbul 20 15
Istanbul City Centre , Istanbul 45 45