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.
Sea front penthouse for sale in Istanbul City Centre
Whichever city you visit around the world, if has a coastline the prices for sea front property will be premium, and there is no exception to the rule if you are seeking to buy sea front penthouse in Istanbul City Centre, a European property investment hotspot.
A sea front penthouse in Istanbul city centre for sale is very likely to provide you with a full panoramic view across the straits of the Bosphorus which puts the prices for sea front penthouse in Istanbul City Centre well into seven figures of any currency.
Despite these very high prices rental incomes when you buy sea front penthouse in Istanbul City Centre for investment purposes are also extremely high to attract a wealthier tenant who are always willing to pay for the perfect view to wake up to in the morning and prefer a central location for very little commuting to the office and ample city centre amenities, thus a sea front penthouse in Istanbul City Centre for sale can also attract tourists too for short-term city breaks.
Contact Turkey Homes when in search of prices for sea front penthouse in Istanbul City Centre and with your budget and requirements in mind; we will guide to your ideal Istanbul City Centre real estate and assist you throughout the property Turkey buying process.