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 view hotel for sale in Istanbul
The vast and vibrant city of Istanbul is surrounded by coastline, taking in the shores of the Marmara Sea, the Black Sea and the stunning Bosphorus Strait which separates the Asian and European side of the city, connected by bridges and underwater tunnels.
Although the city offers a vast range of private accommodation for its numerous visitors there are many that still choose hotel accommodation for their stay in the city, thus a sea view hotels in Istanbul for sale can be an excellent investment, however, you will need a budget of well into seven figures of any currency as the prices for sea view hotel in Istanbul are extremely high.
The best place to buy sea view hotel in Istanbul is in the heart of the city centre to give guests very easy access to all the famous attractions, though these central areas tend to offer A graded traditional listed buildings, therefore, you may find that a sea view hotel in Istanbul for sale could be in need of renovation so you should always check any cost that may be involved before signing on the dotted line to buy sea view hotel in Istanbul as renovation laws can be very strict indeed.
Contact Turkey Homes when in search of prices for sea view hotel in Istanbul and with your budget and requirements in mind; we will guide to your ideal Istanbul real estate and assist you throughout the Turkey property buying process.