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.
Modern penthouse in Istanbul for sale
Istanbul has seen many changes over recent years, with many areas undergoing regeneration programmes that are turning slum areas into modern urban suburbs for the cities growing population.
All this development has given Istanbul some wonderful luxury modern complexes across the city, and you can find some stunning modern penthouse in Istanbul for sale in many of these complexes.
You can buy modern penthouse in Istanbul in tall tower blocks in the heart of the city centre, and this is likely where you will see the higher prices for modern penthouse in Istanbul, or you can find modern penthouse in Istanbul for sale in low-rise buildings in the outer city suburbs at lower prices, however, if you buy modern penthouse in Istanbul that has a great view of the sea you will again see premium prices for modern penthouse in Istanbul just like you would in any area around the world.
If you contact Turkey Homes when looking for modern penthouse in Istanbul for sale our dedicated advisors have a wealth of knowledge to offer on all the areas of Istanbul and they will take your budget and your lifestyle or investment requirements into consideration and direct you to the ideal property for you.