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 property for sale in Istanbul City Center
Sea front property in Istanbul city centre is amongst the highest in the city if not the whole of Turkey, as any sea front location in the central city areas are distinguished areas where sea front accommodation for sale is highly sought after by wealthy buyers.
When you do see sea front real estate in Istanbul city centre on the market you may find that the price is POA – Price on Application – as some owners prefer not to publicly advertise their personal wealth for various reasons, and may ask for a letter of intent to buy sea front accommodation in Istanbul city centre and proof of your finances before they will allow you to view the property and reveal the selling price.
Whether you search in Europe or Asia an Istanbul city centre sea front property will always command these superb views over the sea and will always offer you exceptional rental yields when purchasing for investment purposes.
Contact Turkey Homes when seeking to buy sea front property in Istanbul city centre, and we will do our utmost to find your ideal property to suit your needs and budget and will guide you through all the legal elements of the property buying process and beyond.