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.
Prestigious property for sale in Istanbul Asian side
The Asian side of Istanbul, also referred to as the Anatolian side, has several prestigious districts that are popular places to live for wealthy Turkish families, therefore, like many areas around the world, a prestigious property in Istanbul Asian will come with a premium price tag.
Prices for an Istanbul Asian prestigious property may on occasions be offered at a POA price – price on application – simply down to the owner’s privacy of not wishing to publicly advertise their wealth on the open market, and in these cases the owners of prestigious real estate in Istanbul Asian may require a letter of intent to buy and proof of finance before revealing the property selling price and allowing a viewing.
Central Kadikoy city areas, coastal areas such as Maltepe, and distinguished areas of Umraniye and Uskudar areas and the beautiful rural area of Beykoz, are just a few of the areas that you can find prestigious accommodation for sale, with some of the highest prices for prestigious accommodation in Istanbul Asian being homes that have full sea views.
Contact Turkey Homes when searching to buy prestigious property in Istanbul Asian, we will direct you to the ideal property to suit your requirements and budget and guide you through every step of the Turkey property buying process.
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